National Industry News – Up, Up, and Away…

Posted on | September 20, 2016

Up – Household Earnings

A US Census Bureau report shows an earnings increase greater than any in the past 17 years. Read more in this article from Builder.

Up – Mortgage Applications

Total mortgage applications for home purchases and refinances increased 4.2 percent. Read the full report from Mortgage Bankers Association here: Mortgage Applications Increase in Latest MBA Weekly Survey

Up – Home Prices

NAR has released its Q3 Homeownership Opportunities and Market Experience (HOME) Survey. Dive into this information to better understand consumer sentiment about the housing market.  One noted item in this robust report is that the rise in home prices along with the continued shortage of inventory are beginning to show some softening in consumer confidence.

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