Nationwide pending home sales declined in November 2015 for the third time in four months as buyers continue to battle both rising home prices and limited homes available for sale.
According to the California Association of Realtors, California pending home sales retreated in November 2015 primarily due to seasonal factors and delayed escrow closings caused by new loan disclosure rules.
Distressed sales, which include real estate-owned properties (REOs) and short sales, accounted for 10.2 percent of total home sales nationally in October 2015
According to international property adviser Savills, prime London house prices fell by an average of -0.8% in the final quarter of 2015 to leave them a marginal 0.5 per cent above the levels seen at the beginning of the year.
According to HUD and the U.S. Census Bureau, sales of newly built, single-family homes in the U.S. rose 4.3 percent to a seasonally adjusted annual rate of 490,000 units in November 2015.
According to Freddie Mac's latest Primary Mortgage Market Survey (PMMS), U.S. fixed mortgage rates largely remained unchanged heading into the holiday weekend.
According to CBRE Research's semi-annual Global Prime Office Occupancy Costs Survey, London's West End was the world's highest-priced office market for the second straight year.
Commercial and multifamily mortgage debt outstanding continued to climb in the third quarter.
The rise of apartment living is changing communities, driving new development and raising the expectations for the amenities and services offered to the 38 million people in the U.S. who call an apartment home.
For 2016, the UK commercial property market should be ready for some landscape changes. That according to James Roberts, Chief Economist of London-based Knight Frank.
According to the National Association of Realtors, existing-home sales dropped off considerably in November 2015 to the slowest pace in 19 months.
According to CoreLogic, cash home sales in the U.S. accounted for 32.5 percent of total home sales in September 2015, down 3.4 percentage points from 35.9 percent in September 2014.
According to the National Association of Home Builders (NAHB), U.S. home builder confidence in the market for newly constructed single-family homes remained relatively flat in December.
Buckle up, it's going to be the busiest holiday travel season ever recorded in the U.S. this year.
According to CBRE Research's semi-annual Global Prime Office Occupancy Costs survey, London's West End was the world's highest-priced office market for the second straight year.
Santa Rosa, California - The wine country of California is big business, and getting bigger. This year, more than 1,200 California wineries will gross over $24 billion. The wine region is the second biggest visitor draw in the state after Disneyland.
This week the Federal Open Market Committee (FOMC) raised U.S. interest rates for the first time since 2006. The 25-basis-point (bps) increase to the target federal funds rate was widely anticipated.
Although only half of surveyed households believe the economy is currently improving, nearly all young renters eventually want to buy a home.
According to the U.S. Department of Housing and Urban Development and the Commerce Department, U.S. housing starts nationwide rose 10.5 percent to a seasonally adjusted annual rate of 1.173 million units in November.