The aging baby boomer population is something that is expected to affect both single family and multifamily housing markets, David Brickman, EVP of multifamily business at Freddie Mac explains in an executive perspective post.
Read More »Home Sales Lower in July, but Still Higher Than Last Year
Home sales fell in July, but still managed to hover over last July's levels and reach new heights not seen since 2008, according to the RE/MAX July 2015 National Housing Report released Tuesday.
Read More »Single-Family Housing Starts Rise in July; Permits & Completions Fall
Single-family construction starts climbed higher for the month of July, while permits and completions dropped, according to new residential construction statistics for July 2015 jointly released by the U.S. Census Bureau and HUD.
Read More »First-Time Homebuyers Older & Less Likely to be Married, Study Finds
First-time homebuyers in the market today are waiting longer periods of time to purchase a home and are less likely to be married compared to first-time buyers in the 1970s and 1980s, according to a Zillow analysis released Monday.
Read More »Origination Credit Quality Lowers Mortgage Delinquency Rates
All mortgage originations, measured by loan count, jumped up to 1.48 million in Q2, which was an increase of 2.4 percent from the previous quarter and of 40 percent from the same quarter a year earlier.
Read More »Builder Confidence Reaches Highest Level Since 2005
According to the National Association of Home Builders/Wells Fargo Housing Market Index, builder sentiment in the market for newly built, single-family homes in August rose one point to a level of 61, the highest reading since November 2005.
Read More »U.S. Economic Growth Expected to Ease as Unemployment Remains Stagnant
Forecasters expect U.S. economic growth to slow down slightly over the next four years as unemployment remains steady.
Read More »Mortgage Applications for New Home Purchases Lower in July
Applications for new home purchases dropped 4 percent in July compared to the prior month, according to the Mortgage Bankers Association Builder Application Survey data for July 2015.
Read More »Denver Tops List of Up-and-Coming Housing Markets
GOBankingRates listed the top 11 up-and-coming housing markets for U.S. homebuyers, finding that the Denver, Colorado is a rapidly growing housing market.
Read More »Mortgage Rates Head Back Up After Four Weeks of Lows
Fixed mortgage rates stopped their downward fall and headed back up for the first time in four weeks, according to Freddie Mac's Primary Mortgage Market Survey.
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