According to Black Knight’s “first look” report for November, 2020, mortgage delinquencies improved for the 6th consecutive month in November, falling to 6.33% from 6.44% in October. In addition, Black Knight says while early-stage delinquencies have fallen back below pre-pandemic levels, seriously past-due (90+ days) mortgages remain 1.8 million above their pre-pandemic level. Continue reading HERE...
The NAHB’s Eye on Housing says the prices of goods used in residential construction increased 19.4%, year-over-year. Citing data from the Producer Price Index they point out that building materials (
A recent report from Breitbart says the average national price for manufactured homes rose nearly 50% over the course of the pandemic, from $82,900 to $123,200. They say manufactured homes have long
The U.S. government is reporting that privately‐owned housing starts in May were at a seasonally adjusted annual rate of 1,549,000, which is 14.4% lower than April’s revised number and 3.5% lower than