Reality Home Solutions

Community Associations in New Homes Started. According to data from the Census Bureau's Survey of Construction (SOC), 62.0 percent of all homes started in 2019 were built within a community or homeowner's association. A total of 545,000 homes with community associations were started in 2019, compared to 543,000 in 2018. The Census Bureau defines community or... More here - http://www.mortgagenewsdaily.com/aroundtheweb/961596.aspx

Lots of Similarity But Some Surprising Differences Between Rents and Home Prices. An analysis published on BlackKnight's blog indicates that rents and home prices don't always rise or fall intandem. The company says comparing trends between the two can sometimes be anapple and oranges situation; they are similar in some respect but vastlydifferent in others.In Orange County, California forexample, median sale prices... More here - http://www.mortgagenewsdaily.com/12032020_covid_19_impacts.

Home Purchase Activity up 9% Despite a Slow Holiday Week. Therewas the usual disruption to mortgage application activity during the Thanksgivingholiday week that ended November 27, although the volume, especially ofpurchase applications held up relatively well. The Mortgage Bankers Association(MBA) said its Market Composite Index, a measure of mortgage loan applicationvolume, eased back by 0.6 percent on a seasonally adjusted... More here - http://www.mortgagenewsdaily.com/12022020_applications_forb

Residential Sector Was Key to October Construction Spending Increase. Total construction spending in October was at aseasonally adjusted annual rate of $1.439 trillion according to U.S. CensusBureau estimates. This was an increase of 1.3 percent from the revisedSeptember estimate of $1.420 trillion and 3.7 percent higher than spending inOctober of 2019. While virtually all residential spending is privately funded,... More here - http://www.mortgagenewsdaily.com/12012020_construction_spen