New Orleans Real Estate News
New Orleans
U.S. Home Builders Express Optimism for 2025
Builder sentiment remained consistent at the close of 2024, as elevated home prices and mortgage rates balanced builders' optimism about a potential improvement in the regulatory business environment by 2025.
Older Americans More Likely to Buy Disaster-Prone Homes
According to a new Redfin report, older Americans are more likely to buy homes in areas with significant climate risk compared to younger Americans.
U.S. Mortgage Delinquencies Continue to Rise in September
Based on CoreLogic's latest Loan Performance Insights Report for September 2024, approximately 3 percent of all U.S. mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure), up 0.2% year over year from September 2023.
U.S. Mortgage Rates Tick Down in Early December
Based on Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 6.69 percent as of December 5, 2024.
