With mortgage rates still up about 80% since 2022, the typical U.S. homeowner pays nearly $700 more each month—and, in some markets, an additional $1,000 or more . The 2025 edition of Construction Coverage’s U.S. Cities Most Impacted b…
According to a recent press release, Freddie Mac (OTCQB: FMCC) has released the results of its Primary Mortgage Market Survey ® (PMMS ® ), showing the 30-year fixed-rate mortgage (FRM) averaged 6.81%. “Mortgage rates moved lowe…
According to a recent item on Global News Wire, Freddie Mac (OTCQB: FMCC) released the results of its Primary Mortgage Market Survey ® (PMMS) on May 15 showing the 30-year fixed-rate mortgage (FRM) averaged 6.81%. "The 30-year fix…
The 2025 edition of Construction Coverage’s Cities With the Highest Home Price-to-Income Ratios report examines the cities and states where housing affordability has taken the biggest hit. Key Takeaways Home Prices Far Outpace Income…
Even with new home sales rising thanks to builder incentives and a shift toward lower-priced homes, sky-high prices and economic instability continue to suppress overall housing market activity, according to a recent report in The Wal…
According to the latest analysis from consulting firm Construction Coverage, 2025 is shaping up to be a year of renewed momentum in real estate: despite elevated mortgage rates and home prices, demand is rebounding—and some markets are emer…
Construction Coverage just released the newest edition of its U.S. Cities With the Most Mortgage Refinances report, with data specific to the New York-Newark-Jersey City, NY-NJ metro. While mortgage refinances declined nationally by ne…
One of the lingering effects of the pandemic is the availability of new - often less expensive - condominium units for sale in buildings that experienced major construction delays and foreclosures during the crisis. While these otherwise we…
While the economy has largely recovered from the unprecedented uncertainty and instability brought on by the COVID-19 pandemic, the 2024 release of a report on mortgage delinquency rates by U.S. city and state conducted by Construction …
When buying an apartment, be it a condo or a co-op, among the soundest advice for any purchaser is caveat emptor - buyer beware. In most buildings (especially older ones), it’s inevitable that there will be occasional and sometimes leng…