Weekly Market Observations — September 13, 2023

Here’s Our Weekly Market Observations :

Mortgage applications drop to 27 year low

Multifamily permitting fell 32.2% YOY in July

eXp Realty remains profitable while legacy brokerages continue to stack losses

Anywhere settles two antitrust lawsuits for $83.5 million

Average 30-year fixed mortgage rates down slightly to 7.11%