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May 1 Weekly Recap
- 30-year fixed mortgage rates climbed to a two-week high, hovering in the mid‑6% range.
- MBA data showed total applications down 1.6%, but purchase demand rose 1% and is 21% above last year.
- HousingWire says the national market feels like 2017 as inventory and new listings climb and absorption stays healthy.
- North Carolina’s HB 1056 proposes an investor cap, by-right zoning in commercial areas, and $120M for housing programs.
- Riverside and Singerman outlined a $200M redevelopment at 301 South Tryon with 275 apartments and a 200-room hotel.
- Google’s Rowan County supply‑chain hub and Keith Corp.’s 1.7M‑sf industrial project signal continued regional growth
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By plaraway12- 30-year fixed mortgage rates climbed to a two-week high, hovering in the mid‑6% range.
- MBA data showed total applications down 1.6%, but purchase demand rose 1% and is 21% above last year.
- HousingWire says the national market feels like 2017 as inventory and new listings climb and absorption stays healthy.
- North Carolina’s HB 1056 proposes an investor cap, by-right zoning in commercial areas, and $120M for housing programs.
- Riverside and Singerman outlined a $200M redevelopment at 301 South Tryon with 275 apartments and a 200-room hotel.
- Google’s Rowan County supply‑chain hub and Keith Corp.’s 1.7M‑sf industrial project signal continued regional growth