Phoenix Real Estate News
Phoenix
U.S. Mortgage Credit Availability Increased in October
According to the Mortgage Credit Availability Index (MCAI) report by the Mortgage Bankers Association, which analyzes data from ICE Mortgage Technology, U.S. mortgage credit availability increased in October 2024.
Tech, AI Industries Drive Largest Share of Office Leasing Activity in U.S.
CBRE's latest Tech-30 report shows that the tech industry boosted its share of U.S. office leasing to 18% in the first three quarters of this year, partly fueled by companies involved in artificial intelligence (AI).
Market Share of First Time Home Buyers Hit Historic Low in U.S.
The National Association of Realtors' newly released 2024 Profile of Home Buyers and Sellers report reveals a historic low in first-time U.S. homebuyer market share, which dropped to 24% from 32% last year.
U.S. Multifamily Market Begins Recovery in Q3
Based on CBRE's latest research, the U.S. multifamily market is showing signs of recovery as the vacancy rate fell in the third quarter of 2024 for the first time in more than two years and renter demand outpaced record new supply deliveries.
Phoenix Property News
One in Five Americans Had a Political Disagreement with a Neighbor in 2024
Posted on October 25, 2024
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