Single-Family Starts Edge Slightly Higher

Housing starts increased 5.2% in July but affordability remains a challenge. Combined single- and multifamily starts fell 2.4% in the South YTD.

July New Home Mortgage Applications Increase

Mortgage applications jumped by 6.8% YoY in July and 7% from June, driven by slightly lower mortgage rates and more newly built inventory.

Great Gifts for New Homeowners

Agents can strengthen customer connections after closing with thoughtful gifts that include kitchen gadgets, cozy decor and practical household items.

Adjustable-Rate Mortgages Making Comeback

About 10% of mortgage applications are now for adjustable-rate mortgages, above the 2010s levels, with longer intro rates and tighter borrower screening.