The WPJ

Nashville

Architecture Industry Sees Mixed Signals as 2025 Approaches

While the AIA/Deltek Architecture Billings Index (ABI) dipped slightly below 50 in November 2024, the score hovered near the threshold, reflecting an almost equal split between firms reporting increases and decreases in billings.

U.S. Mortgage Rates Rise in Early 2025, Reach 6-Month High

Based on Freddie Mac's first Primary Mortgage Market Survey (PMMS) of 2025, the 30-year fixed-rate mortgage (FRM) averaged 6.91 percent as of January 2, 2025.

More Americans Opting for Renting Over Homeownership in 2024

According to new research by CBRE, the rising cost of homeownership is prompting more Americans to opt for renting. On average, monthly mortgage payments for new homes are currently 35% higher than apartment rents, creating a significant affordability gap.

Small Investors Quietly Reshaping the U.S. Housing Market in Late 2024

Recent research from CoreLogic in Q3 of 2024 underscores the prominent role of smaller investors, commonly referred to as mom-and-pop landlords, who typically own three to ten properties.

Nashville Property News












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