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Study Reveals Renters’ Most Desired Locations

RentCafe's August Rental Activity Report revealed Arlington, Virginia was named the most sought-after city by renters for the second consecutive month, while New York City boroughs like the Bronx and Queens trailed closely behind.

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Opportunity Zones Rebound Nationwide in Q2

A new ATTOM report revealed median home values increased from Q1 to Q2, as Opportunity Zones around the country have rebounded after a period of strong decline, showing more signs of housing market strength.

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Q2 Loan Volume Up, But Losses Continue to Mount

“Volume picked up during the spring homebuying season and additional personnel were shed. However, the substantial cost savings per loan was not enough to put the average net production income in the black,” said Marina Walsh, CMB, MBA’s VP of Industry Analysis.

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Mortgage Rates Hit Highest Point Since Spring 2002

Not since spring of 2002 have fixed-rate mortgages been as high as they were reported this week, and when combined with mortgage app volume sliding for the fourth straight week, affordability headwinds continue to impact housing demand.

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New Construction Keeping the Housing Market Afloat

Overall housing inventory dropped 15% year-over-year in June, remaining at an all-time low. A new market report from Redfin revealed that homebuyers are turning to new builds as many homeowners continue clinging to their low existing mortgage rates, contributing to the ongoing lack of supply.

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