According to the Weekly Mortgage Applications Survey of Mortgage Bankers Association ending December 3, 2021, US mortgage applications increased by 2% from one week earlier. The market composite index, a measure of mortgage loan application volume increased by 2% on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the index increased … Read more
US homebuilders started home construction at a seasonally modified annual rate of 1.68 million in November. US Census Bureau represents that this is a nearly 12% increase from the previous month, where this is roughly up by 8%. The pace of authorizing for new housing units also increased in November. Permitting for new homes occurred … Read more
In a year of growing interest rates and prices, a lack of residential homes for sale is expected to be the real estate market’s biggest difficulty. According to an inaugural interval survey from Compass, a shortfall of the housing stock is set to be one of the biggest difficulties facing the US real estate market … Read more
As more and more people want to escape the big cities amid the Covid-19 pandemic, and many are working remotely, that dream home in Ocean City has become an evident reality. People love Ocean City and are a place to escape. This is a dry town and a family town. Many people speak of propulsive … Read more
As 3D house construction becomes reality, early prospects ate these houses might be built in half the time and for half the cost. The 3D-printed housing industry is still very recent in its development. Although new 3D houses are coming on the real estate market and being sold. You should foresee a lot of future … Read more
A slight rise in home sales moved higher in October despite the forecast they would do the opposite, underscoring the strong requirement for housing across the country. National Association of Realtors said this Monday, that there is a slight rise of 0.8% in home sales between September and October, thus hitting a seasonally-adjusted, annual rate … Read more
According to the latest trends by the National Association of Realtors in the third quarter. The median price of a single-family existing home rose nearly by 99% of 183 markets tracked. According to NAR’s quarterly home price report, the stratospheric deluge in prices has slowed a bit earlier this year. In comparison to the last … Read more
Apartment renters in Southland are in for a rude surprise over the next couple of years thanks to breathtaking market shifts triggered by the Covid-19 pandemic, in accordance with a USC Casden Economics Forecast released this week. One can expect the monthly rent to rise by hundreds of dollars in some southern regions of California. … Read more
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