Home Purchases

Cotality, a property information, analytics, and data-enabled solutions provider, released its latest findings on the housing and mortgage markets. Amid the economic and political uncertainty, the housing market is benefiting from increased inventory and slower price growth, which could give potential homebuyers an advantage. However, buyers are still encountering high prices, which is deterring some from completing their purchase offers.

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for May 2025 shows mortgage applications for new home purchases decreased 4.5 percent compared from a year ago. Compared to April 2025, applications decreased by 9 percent. This change does not include any adjustment for typical seasonal patterns.

Intercontinental Exchange, Inc. (NYSE: ICE), a provider of technology and data, released its May 2025 Mortgage Monitor Report, which delves into the rising share of first-time and Gen Z homebuyer participation in the mortgage market. Notably, first-time homebuyers (FTHBs) accounted for a record share of agency purchase lending in Q1 2025 as higher interest rates continued to dampen repeat buyer participation in the market.

ATTOM released its annual analysis of the best days of the year to sell a home, which shows that based on home sales over the past 10 years, the months of May, February and April offer the highest seller premiums – making this month the time to sell your home.

A new report released today from ServiceLink revealed that Gen Z remains eager and ready to buy a home this year. But high interest rates and home prices could deter them from crossing the finish line as their tolerance is waning. The annual survey analyzes generational trends among recent and prospective homebuyers, revealing their sentiment about the current housing market and their intentions to purchase, refinance or leverage home equity this year.

ATTOM released its fourth-quarter 2024 U.S. Residential Property Mortgage Origination Report, which shows that 1.64 million mortgages secured by residential property (1 to 4 units) were issued in the United States during the fourth quarter. That was down 3 percent quarterly but up 14 percent from a year earlier.

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for October 2024 shows mortgage applications for new home purchases increased 8.2 percent compared from a year ago. Compared to September 2024, applications increased by 3 percent. This change does not include any adjustment for typical seasonal patterns.

LenderLogix, a provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, released the Homebuyer Intelligence Report, a quarterly summary of insights into borrower behavior during the home-buying process based on data collected by the LenderLogix suite of tools. The latest report covers data collected during the pre-approval and borrower application process in the third quarter (Q3) of 2024. Here’s what the report said:

Calque, a fintech company specializing in innovative solutions for established lenders, has launched its newest ‘buy before you sell’ program, the Contingency Buster. The Contingency Buster is designed for homeowners who want to quickly remove home sale contingencies and debt-to-income constraints at any point in the home-buying process.

LenderLogix, a provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, released the latest Homebuyer Intelligence Report, a quarterly summary of insights into borrower behavior during the home buying process based on data collected by the LenderLogix suite of tools. The latest report covers data collected during the pre-approval and borrower application process during the second quarter (Q2) of 2024. Here’s what they found: