Today, the new home sales data perfectly explains why housing permits are near cycle lows and why we can’t get any traction on building more homes in America, as we have been basically stuck in one sales range for 10 years. If I take away the surge in new home sales early in COVID and […]
Why homebuilders aren’t building more homes Read More »
Miami Realtors + RWorld has completed its second merger in just over two months, joining with Martin County Realtors of the Treasure Coast to create a single association and multiple listing (MLS) service spanning five counties in southeast Florida. The merger expands the organization to approximately 94,000 members across Miami-Dade, Broward, Palm Beach, Martin and
Miami Realtors + RWorld expands with new merger Read More »
New mortgage default activity remained stable in June, with new defaults among Federal Housing Administration (FHA) borrowers falling 15% from a year earlier, marking the largest annual decline in more than four years. That’s according to Intercontinental Exchange’s (ICE) latest First Look Mortgage Performance report, which observed that overall mortgage performance remained strong during the
Mortgage defaults level off in June, FHA new defaults down 15% Read More »