Pressure on lot supply eased last year: Zonda

Thanks to a slower rate of housing starts, there were more lots available in the fourth quarter of 2023 compared to a year earlier, according to Zonda’s New Home Lot Supply Index. Lot inventory tightened on a quarterly basis, however, a signal of rising builder activity. Year over year, the index ro
Read MoreMortgage credit availability increased in January: MBA

The availability of mortgage credit increased in January, according to a report issued by the Mortgage Bankers Association (MBA) based on data sourced from ICE Mortgage Technology.The MBA’s Mortgage Credit Availability Index (MCAI) increased in January to 92.7, or by 0.7% over December’s figure, bas
Read MoreReverse mortgage originators report good starts to 2024 business

Last year was a challenging one for reverse mortgage business activity, and it likely hit no one harder than the industry’s front-line loan originators. After enduring challenges stemming from higher interest rates, stricter qualifications and broader industry consolidation, loan officers seem to be
Read MoreCalifornia’s high costs aren’t deterring Gen Z from moving there: Zillow

A Zillow analysis of U.S. Census Bureau data released Friday shows that the youngest group of prospective homebuyers, Generation Z, are bucking a larger trend by moving to California.Even as California lost nearly 215,000 residents to net migration in 2022, census data also shows that the Golden Sta
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