Mortgage applications for home purchases ticked up last week as mortgage rates dropped to their lowest level since June, the Mortgage Bankers Association reported.
The inventory problem that has plagued many parts of the country over the past year is showing signs of improving.
Institutional investor purchases hit an all-time high last month as demand skyrockets among firms looking to add residential properties to their portfolios.
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Third quarter fundamentals in REALTOR® commercial markets maintained a positive trajectory, despite headwinds from the government shutdown and budget debate.