Page 3 - David Arbit News Today

A top ranked economics and finance blog with a focus on the housing market

A top ranked economics and finance blog with a focus on the housing market

A top ranked economics and finance blog with a focus on the housing market

A top ranked economics and finance blog with a focus on the housing market

As packages of mortgage servicing rights continue to hit the market, and some wonder at the high multiples, know that the percentage of borrowers current on their mortgage payments increased to almost 95 percent, 350 basis points higher than one year ago. Other stats show that foreclosure starts jumped in February. The MBA’s monthly Loan Monitoring Survey also revealed that the total number of loans now in forbearance decreased by 12 basis points to 1.18 percent of servicers’ por...

By: Lolla Nur, UpTake Fellow The House Local Government Division Committee met on Feb. 23 at 8:30am to discuss HF3256 Legalizing Affordable Housing Act (Rep Steve Elkins DFL). The purpose was to go over information about how Minnesota’s 2021 increased housing demand, labor and supplies costs, coupled with a historic supplies shortage, have all impacted […]

By: Lolla Nur, UpTake Fellow The House Local Government Division Committee met on Feb. 23 at 8:30am to discuss HF3256 Legalizing Affordable Housing Act (Rep Steve Elkins DFL). The purpose was to go over information about how Minnesota’s 2021 increased housing demand, labor and supplies costs, coupled with a historic supplies shortage, have all impacted […]

Once again predictions that the luxury condo market would take off as new projects open their doors remain just that — predictions. For the third year in a row, top prices have remained steady, consistent, even boring.

Last month ended with 43% fewer homes on the market than a year ago, suggesting a challenging 2021 for buyers.