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Financials

Mortgage Rates Drop, But Not Enough to Boost Mortgage Applications

Mortgage application volume, refinancing applications, and mortgage rates took a hit last week compared to the previous week, reports CNBC.…

Market Data + Trends

Existing Home Sales Fall for Third Consecutive Month

Existing single-family home sales dropped in April for the third consecutive month as a result of historically low inventory, reports MarketWatch…

Financials

Mortgage Demand Pulls Back as Average Mortgage Passes $400,000

Higher home prices mean higher mortgages and buyers today are now applying for $411,400 mortgages on average, the highest since February. But a…

Market Data + Trends

Bidding Wars are Top Reason Keeping Buyers From Purchasing

More active homebuyers are struggling to purchase due to bidding wars and less due to affordability. The National Association of Home Builders…

Construction

Regulatory Costs Account for 23.8% of New-Home Prices

Housing regulations during development and construction account for $93,870 or 23.8% of the total median sales price of a new home, according to a…

Housing Policy + Finance

How Capital Gains Tax Reform Could Help Struggling Buyers

The current housing market continues to spiral with few homes for sale and hungry buyers, pushing home prices up and buyer hopes down, but one…

Financials

The Resmark Companies Wants to Buy Your Model Homes

On this installment of The Weekly, learn how The Resmark Companies' new model home sale-leaseback program works for large volume builders, freeing…

Market Data + Trends

Homebuyers Are Paying More for Existing Homes Than New Ones

Limited housing stock and insatiable demand are causing homebuyers to pay more for existing homes than newly built ones. This marks the first year…

Market Data + Trends

Consumers Grow Fearful of a Housing Crash

Concern about the fierce housing market and a potential bubble appears to be rising amongst consumers. Google searches for, “When is the housing…

Market Data + Trends

Is It Better to Invest in Stocks or Housing? Americans Say Housing

A new study from the Federal Reserve Bank of New York found 90% of Americans prefer owning their primary residence than investing in the stock…

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