CoreLogic's latest Home Price Index is reporting this week that U.S. home prices increased 8.2% in November 2020, compared with November 2019, marking the largest annual appreciation since March 2014.
According to ATTOM Data Solutions latest U.S. Home Affordability Report, median home prices of single-family homes and condos in the fourth quarter of 2020 were less affordable than historical averages in 55 percent of counties.
According to the National Association of Realtors, pending home sales in the U.S. declined in November 2020. Month-over-month contract activity fell in each of the four major U.S. regions. However, compared to a year ago.
Property broker Redfin is reporting that November was the most affordable month in the U.S. housing market to buy a home in 2020.
Living near a Trader Joe's, a Whole Foods or an ALDI might positively affect a home's value - as a homebuyer based on home price appreciation and home equity, or as an investor looking for the best home flipping returns and home seller ROI.
The Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending December 18, 2020, reports U.S. mortgage applications increased 0.8 percent from one week earlier.
In this joyous season amidst a not-so-joyous year - and all the emotions all of us may be feeling right now - I find myself humming several of my favorite Christmas songs throughout the day.
Redfin is reporting this week that U.S. luxury home sales have surged 60.7 percent year over year during the three months ending November 2020, the biggest jump since at least 2013.
New home sales in the U.S. dipped in November, but remained at a solid level as builders struggled to meet demand and gain access to building materials.
According to the National Association of Realtors, existing-home sales in the U.S. fell in November 2020, snapping a five-month streak of month-over-month gains.
According to the Miami Association of Realtors, Miami-Dade County total home sales surged in November 2020 as strong pent-up demand and record-low mortgage rates fueled transactions.
U.S. property broker Redfin reports that 24.3 percent of homes sold so far this year were bought with cash, down from 25.3 percent in 2019 and the smallest share since 2007. All-cash home purchases peaked in 2013.
Commercial property broker Lee & Associates is reporting this week the sale of 16.5 acres to Amazon in downtown Santa Ana.
The pandemic has fueled a new sense of urgency for retailers to design stores of the future that support shopping in-person, online or by mobile device.
Single-family starts in the U.S. flattened in November 2020, as builders struggled to meet demand, while overall housing starts increased 1.2 percent to a seasonally adjusted annual rate of 1.55 million units.
Public health concerns and travel guidance are influencing their decisions not to travel over the year-end holidays, a period that typically sees high demand for vacations.
According to ATTOM Data Solutions third-quarter 2020 U.S. Home Flipping Report, 57,155 single-family homes and condominiums in the United States were flipped in the third quarter of 2020.
National property broker Redfin is reporting this week that 53.6 percent of U.S. home offers written by Redfin agents nationwide faced competition in November 2020. While that's down from a revised rate of 58.5 percent in October
The Mortgage Bankers Association's most recent Commercial/Multifamily Mortgage Debt Outstanding quarterly report shows the level of commercial/multifamily mortgage debt in the U.S. outstanding rose by $57.0 billion (1.5 percent) in the third quarter of 2020.
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending December 11, 2020, U.S. mortgage applications increased 1.1 percent from one week earlier.