- As mortgage rates have risen, demand has softened. Total application volume dropped 10% and purchase apps fell 5% for the week.
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- NAHB reports around 47% of U.S. housing stock was built before 1980. Owner-occupied homes have a median age of 42 years.
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- The number of home flips hit a 4-year low in 2025, dropping 4% year over year, per Realtor.com. Gross profits fell from 32% to 25%.
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