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Author Archives: Demetria Lester

Demetria C. Lester is a reporter for DS News and MReport magazines with more than eight years of writing experience. She has served as content coordinator and copy editor for the Los Angeles Daily News and the Orange County Register, in addition to 11 other Southern California publications. A former editor-in-chief at Northlake College and staff writer at her alma mater, the University of Texas at Arlington, she has covered events such as the Byron Nelson and Pac-12 Conferences, progressing into her freelance work with the Dallas Wings and D Magazine. Currently located in Dallas, Texas, Lester is an avid jazz lover and likes to read. She can be reached at [email protected].

Single-Family Housing Completions Up 12% YoY

“Single-family completions have outpaced housing starts since July 2022, and that will likely put some downward pressure on the numbers of single-family homes under construction in the months ahead,” said First American Deputy Chief Economist Odeta Kushi.

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Rent Growth Slows to 2% in January

As rent growth experienced the smallest increase since May 2021 and the lowest level in nearly a year, a new report from Redfin revealed January marked the eighth straight month in which annual rent growth slowed.

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Mortgage Credit Availability on the Decline

“Similar to December 2022, the availability of credit has been driven lower by declining originations and shrinking industry capacity as lenders have streamlined their operations to cope with lower volumes,” said Joel Kan, MBA’s VP and Deputy Chief Economist.

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