According to online broker Redfin, U.S. home prices rose higher in December 2015 than they did in the 22 months prior, posting an 8.8 percent year-over-year increase.
The combined loan amount secured by the property is at least 25 percent higher than the property's estimated market value -- representing 11.5 percent of all properties with a mortgage.
Freddie Mac's latest Primary Mortgage Market Survey (PMMS) is reporting this week that mortgage rates have moved lower for the fourth consecutive week.
Pending home sales were mostly unchanged in December, but inched forward slightly, fueled by a large increase in the Northeast that outpaced declines in the other three major regions.
According to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 22, 2016, mortgage applications in the U.S. increased 8.8 percent from one week earlier.
Industrial and supply chain real estate occupiers and investors alike experienced a record-breaking year in 2015 and should expect this trend to continue well into 2016.
According to global real estate consultant JLL, Midtown Manhattan office leasing activity outperformed the rest of the New York office market this year.
The improving U.S. economy and corresponding increase in office demand has resulted in a diminishing number of available large blocks of office space in many markets across the U.S.
Office tenants overwhelmingly preferred to locate their businesses within Northern and Central New Jersey, fueling nearly 1.4 million square feet in positive absorption of Class A product for the year.
Foreign real estate buyers continue to strengthen the Miami and South Florida real estate market, accounting for 36 percent or $6.1 billion of total sales volume.
A shift in lender expectations suggests that financiers of U.S. hotels expect the current period of growth in hotel asset values to peak within the next year.
According to the California Association of Realtors, pending home sales in California continued to improve from a year ago with solid gains, which will position the market for a modest increase in home sales in 2016.
Innovation, liveability and the capacity to reinvent characterize the most dynamic cities in their third annual City Momentum Index (CMI).
According to the Mortgage Bankers Association's Builder Application Survey for December 2015, U.S. mortgage applications for new home purchases decreased by 5 percent relative to the previous month.
Based on Freddie Mac's latest Primary Mortgage Market Survey, mortgage rates moved lower for the third consecutive week amid another week of market turbulence.
Based on newly released figures from HUD and the U.S. Commerce Department. Single-family starts posted a yearly gain of 10.4 percent to 715,000 units. Nationwide housing starts increased 10.8 percent.