North America Residential
Real Estate News

U.S. Mortgage Rates Remain Flat in Mid-May

U.S. Mortgage Rates Remain Flat in Mid-May

According to Freddie Mac's latest Primary Mortgage Market Survey for Mid-May, the average fixed mortgage rate moved just slightly lower following three consecutive weeks of increases. Read More »


Miami Home Prices, Sales Uptick in April

Miami Home Prices, Sales Uptick in April

Miami's single-family home market registered its most robust sales month since December, and median sales prices for all housing types rose in April 2015. Read More »

U.S. Home Sales Lose Momentum in April, Says NAR

U.S. Home Sales Lose Momentum in April, Says NAR

According to the National Association of Realtors (NAR), despite properties typically selling faster than at any time since mid-2013, existing-home sales slowed in April 2015. Read More »

$67 Million Estate Home Hits the Miami Market

$67 Million Estate Home Hits the Miami Market

Coldwell Banker's top worldwide sales team called 'The Jills' (Jill Hertzberg and Jill Eber), have just listed the second-most expensive residential property on the market in Miami-Dade County. Read More »


Global Property Spotlight

Grand Tetons Wonderland - (Driggs, Idaho)

Grand Tetons Wonderland - (Driggs, Idaho)

Huntsman Springs is golf and club community developed by Jon Huntsman, Sr. A place of serenity and beauty in the hitherto undeveloped Teton Valley of Western Idaho. Read More »

Last Updated May 22, 2015 9:00 AM ET

North America Residential News

U.S. foreclosure filings were reported on 125,875 U.S. properties in April of 2015, up 3 percent from the previous month.

According the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 15, 2015, mortgage applications decreased 1.5 percent from one week earlier.

According to the U.S. Commerce Department, nationwide U.S. housing starts rose 20.2 percent to a seasonally adjusted annual rate of 1.135 million units in April.

The NAHB reports that U.S. builder confidence in the market for newly built, single-family homes in May 2015 dropped two points to a level of 54 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released this week.

California's housing market accelerated in April 2015 as the spring home-buying season kicked off with both higher home sales and prices for the third straight month.

Existing-home sales are expected to finish the year at their highest pace since 2006, but accelerating price growth and rising mortgage rates have the potential to slow sales.

Lower interest rates and home prices contributed to a solid boost in nationwide affordability in the first quarter of 2015.

According to Freddie Mac's Primary Mortgage Market Survey, the average fixed mortgage rate followed 10-year Treasury yields higher and rising for the third consecutive week.

According to RealtyTrac's Q1 2015 U.S. Residential Loan Origination Report, 551,865 loans were originated on single family homes and condos in the first quarter.

According to CoreLogic, cash sales made up 37.9 percent of total home sales nationally in February 2015, down from 40.6 percent in February 2014.

Legislation passed that would prevent the Environmental Protection Agency and U.S. Army Corps of Engineers from increasing federal jurisdiction over the nation's waterways

According to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 8, 2015, mortgage applications decreased 3.5 percent from one week earlier.

According to the Miami Association of Realtors, increasing demand from domestic and international buyers helped carry the Miami real estate market to a robust first quarter.

According to CoreLogic's March 2015 National Foreclosure Report, the foreclosure inventory declined by 25.7 percent and completed foreclosures declined by 15.5 percent from March 2014.

According to the Mortgage Credit Availability Index (MCAI), mortgage credit availability in the U.S. increased in April 2015.

Stronger demand amidst lagging inventory levels caused home prices to accelerate in many metro areas during the first quarter of 2015.

According to a California Association of Realtors, more investors are shifting to investing in multifamily properties and away from single-family homes.

The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 5.54 percent of all loans outstanding.


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