by Jesse Williams | May 13, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Premier, Teams |
The U.S. rental market is as competitive as it’s been in decades, and renters are facing a variety of challenges. High demand is keeping vacancy rates near all-time lows and pushing rents up almost as quickly as home prices. Recent reports show rent prices shot...
by Jesse Williams | May 13, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Premier, Teams |
The average U.S. asking rent rose $15 in April to an all-time record $1,659, with year-over-year growth moderating by 50 basis points but remaining high at 14.3%, according to the latest Yardi® Matrix Multifamily Report released this week. “Although there are a few...
by Jesse Williams | May 13, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Premier, Teams |
Commercial and multifamily mortgage loan originations increased 72% in the first quarter of 2022 compared to the same period last year, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. In...
by Jesse Williams | May 12, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Premier, Teams |
Housing affordability posted a modest gain for average conditions in the first quarter of 2022, as a strong jump in national median income helped to offset a gradual rise in interest rates. However, home builders warn of current deteriorating conditions as a sharp...
by Jesse Williams | May 10, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Premier, Teams |
For the month of February, 3.2% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 2.5 percentage-point decrease compared to February 2021, when it was 5.7%, according to...
by Jesse Williams | May 10, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Premier, Teams |
April data suggests that the U.S. housing supply is readying to rebound, as active listings posted the smallest year-over-year decline (-12.2%) since December 2019, according to the Realtor.com® ‘s latest Monthly Housing Trends Report released this week. Inventory...