The Norris Group Real Estate News Roundup 5/19/10
NAHB is forecasting 552,000 single-family starts in 2010. The MBA reports mortgage loan application volume decreased by 1.5 percent from last week. The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 10.06 percent in Q1 2010. U.S. commercial real estate values fell in March by 0.5 percent.