The recent 7.1 magnitude earthquake that stunned Mexico City (and surrounding states of Mexico, Morelos and Puebla) is now having a strong impact on Mexico's commercial real estate market.
According to Freddie Mac's latest Primary Mortgage Market Survey, showing the average 30-year fixed mortgage rate unchanged from the previous week in late September 2017.
Total U.S. commercial and multifamily mortgage debt outstanding rose to $3.06 trillion at the end of the second quarter of 2017, as three of the four major investor groups increased their holdings.
According to Zillow, millennials poured some $514 billion into the U.S. housing market over the last year as the largest generation of homebuyers.
Granger MacDonald, chairman of the National Association of Home Builders (NAHB), today issued the following statement on the tax plan put forth by the White House and GOP congressional leaders:
U.S. sales of newly built, single-family homes in August 2017 fell 3.4 percent to a seasonally adjusted annual rate of 560,000 units from an upwardly revised July 2017 reading.
This week the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index -- covering all nine U.S. census divisions reported a 5.9% annual gain in July 2017.
Existing homes sales in the U.S. have retreated in four of the past five months, but a new survey from the National Association of Realtors finds this slowdown is not because of a lack of confidence from consumers
With the recent passing of Hurricane Irma over Florida, the State's commercial property sector managed to escape significant damage given the scale and strength of the storm.
According to a new report by Zillow, U.S. median home values are reaching new peaks in more than half of the nation's largest housing markets, but a closer look at which homes are regaining value reveals an uneven recovery in the biggest markets.
The Central Business District office market of Moscow contains a hidden imbalance, which is represented by a shortage of large offices. This will raise landlord confidence and stimulate rental rents growth in the near future.
According to Freddie Mac's latest Primary Mortgage Market Survey for mid-September 2017, the average 30-year fixed mortgage rate increased for the first time in seven weeks.
The median home price in U.S. cities in the 80th percentile for natural hazard risk (top 20 percent with highest risk) have increased more than twice.
According to the National Association of Realtors, U.S. home sales stumbled in August 2017 for the fourth time in five months as strained supply levels continue to subdue overall activity. Sales gains in the Northeast and Midwest were outpaced by declines in the South and West.
Preliminary property loss estimates in Florida from Hurricane Irma, total insured and uninsured loss for both residential and commercial properties, including damage from both flood and wind, is estimated to be between $42.5 billion and $65 billion.
Despite being in the prime years to buy their first home in the U.S., an overwhelming majority of millennials with student debt currently do not own a home and believe this debt is to blame.
The National Association of Home Builders is reporting this week that U.S. home builder confidence in the market for newly-built single-family homes fell three points to a level of 64 in September 2017.
According to ATTOM Data Solutions' Q2 2017 U.S. Home Flipping Report, 53,638 single-family homes and condos were flipped nationwide in the second quarter of 2017, a home flipping rate of 5.6 percent of all home sales during the quarter.
According to Freddie Mac's latest Primary Mortgage Market Survey, the average U.S. mortgage rate remaining largely unchanged from last week's year-to-date low.