Multifamily Developer Confidence Weakens in Second Quarter
August 06 2026 | |
“It is clear that supply-side headwinds continue to weigh on multifamily developer sentiment,” said NAHB Chief Economist Robert Dietz “In addition to relatively high interest rates and other financing issues, developers are finding it difficult to obtain approvals and utility connections in some parts of the country. High material prices and shortages of skilled labor also remain significant impediments.”
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Mortgage Applications Decrease in Latest MBA Weekly Survey
August 05 2026 | |
“In the wake of the July FOMC meeting, longer-term rates increased, with mortgage rates reaching their highest level in more than a year, with the 30-year fixed mortgage rate rising to 6.81 percent,” said Mike Fratantoni, MBA’s SVP and Chief Economist. “Application volume for both refinance and purchase loans declined for the week, and are now running behind last year’s pace, indicating that higher mortgage rates have weakened overall demand.”
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Home Prices Increased in 80% of Metro Areas in Second Quarter of 2026
August 04 2026 | |
“Home sales increased despite mortgage rates rising. This testifies to the potential housing demand building up from steady job and income gains,” said NAR Chief Economist Dr. Lawrence Yun. “Sales rose in three of the four major regions, with the South leading the way due to faster job growth. The Northeast was the exception, held back partly by slower job growth and faster-appreciating home prices, which hurt affordability.”
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Hopdox Opens eRecording in Glades County, Florida, Advancing Mission to Bring eRecording to Every County Nationwide
August 04 2026 | |
“One of the reasons I founded Hopdox was because I believe every county should have access to the benefits of eRecording, regardless of size or location,” said Paul Clifford, founder of Hopdox. “Being the first live eRecording vendor in Glades County is incredibly meaningful because it demonstrates the trust counties are placing in Hopdox and our team. We are proud to help bring eRecording to Glades County for the first time and remain committed to expanding access to modern recording technology across the nation.
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