Fewer Shreveport-Bossier City metro area residents taking out home loans

The number of home loans originating in the Shreveport-Bossier City metropolitan statistical area (MSA) during the second quarter declined 8 percent compared to the same period last year, the largest drop among Louisiana MSAs, according to a nationwide analysis by ATTOM Data Solutions.

The home loans tracked in the analysis were made up of loans for home purchases, refinance loans and new home equity credit lines. Shreveport-Bossier City home loans in the second quarter numbered 1,927, down from 2,098 in the second quarter of 2017.

Nationally, the loan volume of more than 2 million analyzed by the company in Q2 of this year was up by less than 1 percent from the same period a year ago, based on mortgage data from more than 1,700 counties/parishes.

“Rising mortgage rates are continuing to cool demand for refinance originations, which were down to their lowest level since 2014 – the last time we saw more than six consecutive months with average 30-year fixed mortgage rates above 4 percent,” said Daren Blomquist, senior vice president at ATTOM Data.

Home loan origination numbers by MSA

MSA Q2 2017 Loan Totals Q2 2018 Projected Loan Totals YoY % Change in Loan Totals
Salisbury, MD-DE 3,566 2,369 -34%
Manchester-Nashua, NH 3,423 2,570 -25%
Richmond, VA 9,990 7,788 -22%
Virginia Beach-Norfolk-Newport News, VA-NC 12,496 10,318 -17%
Lansing-East Lansing, MI 3,422 2,876 -16%
Salinas, CA 2,038 1,714 -16%
Lexington-Fayette, KY 4,060 3,485 -14%
Huntsville, AL 2,710 2,336 -14%
Stockton-Lodi, CA 5,236 4,544 -13%
Harrisburg-Carlisle, PA 4,497 3,929 -13%
Santa Maria-Santa Barbara, CA 2,315 2,024 -13%
Oxnard-Thousand Oaks-Ventura, CA 6,442 5,646 -12%
Vallejo-Fairfield, CA 3,872 3,402 -12%
Washington-Arlington-Alexandria, DC-VA-MD-WV 51,058 44,877 -12%
York-Hanover, PA 3,567 3,155 -12%
Kalamazoo-Portage, MI 2,673 2,369 -11%
Los Angeles-Long Beach-Anaheim, CA 78,676 69,984 -11%
San Diego-Carlsbad, CA 25,388 22,665 -11%
Bellingham, WA 1,866 1,668 -11%
Portland-Vancouver-Hillsboro, OR-WA 25,031 22,554 -10%
Salem, OR 3,235 2,926 -10%
Davenport-Moline-Rock Island, IA-IL 3,373 3,053 -9%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 42,251 38,344 -9%
Little Rock-North Little Rock-Conway, AR 5,195 4,729 -9%
Chicago-Naperville-Elgin, IL-IN-WI 61,800 56,332 -9%
Visalia-Porterville, CA 2,304 2,103 -9%
Evansville, IN-KY 2,542 2,322 -9%
San Francisco-Oakland-Hayward, CA 34,663 31,758 -8%
Shreveport-Bossier City, LA 2,098 1,927 -8%
Modesto, CA 3,765 3,467 -8%
Riverside-San Bernardino-Ontario, CA 34,427 31,880 -7%
Salt Lake City, UT 12,346 11,457 -7%
El Paso, TX 2,998 2,782 -7%
Austin-Round Rock, TX 15,241 14,153 -7%
Santa Cruz-Watsonville, CA 1,488 1,385 -7%
Bakersfield, CA 5,444 5,076 -7%
Fort Wayne, IN 3,286 3,066 -7%
Provo-Orem, UT 6,132 5,728 -7%
Wilmington, NC 2,661 2,488 -7%
Charlotte-Concord-Gastonia, NC-SC 21,770 20,435 -6%
Anchorage, AK 2,754 2,588 -6%
Dallas-Fort Worth-Arlington, TX 50,488 47,636 -6%
Columbus, OH 16,823 15,931 -5%
Birmingham-Hoover, AL 7,767 7,364 -5%
Durham-Chapel Hill, NC 3,850 3,651 -5%
Appleton, WI 2,157 2,048 -5%
Winston-Salem, NC 4,312 4,103 -5%
Fresno, CA 5,432 5,188 -4%
Spartanburg, SC 1,640 1,568 -4%
Reno, NV 4,560 4,362 -4%
McAllen-Edinburg-Mission, TX 2,123 2,031 -4%
Medford, OR 1,450 1,388 -4%
Flint, MI 3,124 2,991 -4%
Fayetteville-Springdale-Rogers, AR-MO 4,480 4,295 -4%
Columbia, SC 4,949 4,755 -4%
Akron, OH 5,199 5,021 -3%
San Antonio-New Braunfels, TX 13,807 13,347 -3%
Boulder, CO 3,543 3,429 -3%
San Jose-Sunnyvale-Santa Clara, CA 13,736 13,294 -3%
Peoria, IL 2,393 2,320 -3%
Phoenix-Mesa-Scottsdale, AZ 49,192 47,745 -3%
Yakima, WA 1,317 1,281 -3%
Tulsa, OK 6,181 6,011 -3%
Rockford, IL 2,013 1,958 -3%
Fargo, ND-MN 1,457 1,421 -2%
Seattle-Tacoma-Bellevue, WA 40,271 39,466 -2%
South Bend-Mishawaka, IN-MI 2,253 2,212 -2%
St. Louis, MO-IL 23,646 23,220 -2%
Baltimore-Columbia-Towson, MD 23,486 23,078 -2%
Baton Rouge, LA 4,586 4,513 -2%
Minneapolis-St. Paul-Bloomington, MN-WI 30,481 30,049 -1%
Louisville-Jefferson County, KY-IN 8,547 8,429 -1%
Spokane-Spokane Valley, WA 5,224 5,154 -1%
Detroit-Warren-Dearborn, MI 31,871 31,458 -1%
Mobile, AL 2,224 2,196 -1%
Dayton, OH 5,385 5,319 -1%
Greenville-Anderson-Mauldin, SC 6,353 6,276 -1%
Denver-Aurora-Lakewood, CO 38,421 38,082 -1%
Cincinnati, OH-KY-IN 15,697 15,623 0%
Lubbock, TX 1,891 1,888 0%
Johnson City, TN 1,364 1,362 0%
San Luis Obispo-Paso Robles-Arroyo Grande, CA 2,087 2,085 0%
Clarksville, TN-KY 2,493 2,492 0%
North Port-Sarasota-Bradenton, FL 7,617 7,623 0%
Santa Rosa, CA 3,963 3,967 0%
Urban Honolulu, HI 6,400 6,422 0%
Kennewick-Richland, WA 2,241 2,250 0%
Elkhart-Goshen, IN 1,290 1,296 0%
Omaha-Council Bluffs, NE-IA 9,051 9,110 1%
Champaign-Urbana, IL 1,495 1,508 1%
Atlanta-Sandy Springs-Roswell, GA 47,205 47,679 1%
Augusta-Richmond County, GA-SC 3,645 3,691 1%
Tallahassee, FL 2,055 2,084 1%
Oklahoma City, OK 10,529 10,692 2%
New Orleans-Metairie, LA 6,449 6,559 2%
Deltona-Daytona Beach-Ormond Beach, FL 5,569 5,670 2%
Bremerton-Silverdale, WA 2,357 2,411 2%
Nashville-Davidson–Murfreesboro–Franklin, TN 19,285 19,729 2%
Sacramento–Roseville–Arden-Arcade, CA 19,682 20,154 2%
Fort Collins, CO 4,487 4,602 3%

Source: ATTOM Data Solutions

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