Tag: migration

Measuring the Severity of the National Housing Shortage

There is a severe housing shortage as a result of record-high home prices and rents in addition to record-low for-sale inventories and vacancies, according to a new analysis from the… Read more »

Office Space to Living Space: Conversions to Skyrocket in Major U.S. Cities

According to a new RentCafe report, over the past four years, there has been extraordinary growth in the conversion of office buildings into living spaces, with an estimated 12,100 apartments… Read more »

New Home Purchase Mortgage Applications Decrease in January

The Mortgage Bankers Association‘s (MBA) Builder Application Survey (BAS) data for January 2023 shows that mortgage applications for new home purchases decreased 3.5% compared to a year ago. Compared to December 2022, applications increased by 42%. This change does not include any adjustment for… Read more »

Mortgage Monitor: Prices Offset by Stagnant Levels of Inventory

The latest Mortgage Monitor Report published by Black Knight’s Data and Analytics division revealed that despite home price correction occurring in many markets nationwide, the pace of declines has slowed… Read more »