Full-year rent growth strong, but cooling apartment demand catches up to end 2022
Reading Time: 2 minutesWith 2022 now in the books, last year’s apartment rent-growth story is one of strength on a 12-month… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Home purchase sentiment claws upward but remains mired near record low
Reading Time: 2 minutesDecember saw a small uptick in home purchase sentiment, but overall consumer perceptions are still h… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Apartment demand trends negative for first time in more than a decade
Reading Time: 2 minutesFor the first time since 2009, net demand for apartments has fallen to a negative level, according t… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Rate locks continue to dwindle as December activity drops by nearly 20%
Reading Time: 2 minutesOverall mortgage rate-lock activity fell by nearly 20% month over month in December, according to th… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Industry Watch: Judge dismisses parts of suit against UWM, new credit program at Rocket and more
Reading Time: < 1 minuteA federal judge in Michigan granted a motion filed by United Wholesale Mortgage (UWM) to dismiss par… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
December jobs report fuels optimism for Fed’s targeted ‘soft landing’
Reading Time: 2 minutesEven as the U.S. economy continues to trend downward, the labor market has shown in resilience and n… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Notable mortgage industry hires and promotions, Jan. 2-6
Reading Time: 2 minutesRocket Mortgage announced that Austin Niemiec, previously the company’s executive vice presiden… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
New loan limits move millions of homes out of jumbo status
Reading Time: < 1 minuteThanks to the Federal Housing Finance Agency (FHFA) increasing its conforming loan limits in 2023, m… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
40% of small businesses couldn’t pay December rent on time
Reading Time: 2 minutesForty percent of U.S. small-business owners couldn’t afford to pay their full rent on time in Decemb… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Luxury home sales post largest annual drop in a decade
Reading Time: 2 minutesLuxury home sales nationwide plummeted by 38.1% annually in the three months ending Nov. 30, marking… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
