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U.S. Mortgage Rates Increase After 5 Weeks of Declines

U.S. Mortgage Rates Increase After 5 Weeks of Declines

According to Freddie Mac's latest Primary Mortgage Market Survey (PMMS), the average U.S. mortgage rate rose for the first time in five weeks in late April 2017. Read More »


Pending Home Sales in U.S. Dip in March

Pending Home Sales in U.S. Dip in March

According to according to the National Association of Realtors, U.S. pending home sales in March 2017 maintained their recent high level, but momentum slackened slightly in most of the country as dearth supply weighed on activity. Read More »

Remodeling Index in U.S. Upticks in March

Remodeling Index in U.S. Upticks in March

The National Association of Home Builders' Remodeling Market Index (RMI) rose to 58 in the first quarter of 2017, an increase of five points from the fourth quarter of 2016 and the highest reading since 2015. Read More »

U.S. Home Sales Jump 4.4 Percent in March

U.S. Home Sales Jump 4.4 Percent in March

According to the National Association of Realtors, existing-home sales took off in March 2017 to their highest pace in over 10 years, and severe supply shortages resulted in the typical home coming off the market significantly faster than in February and a year ago. Read More »


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Global Property Spotlight

Brand New Residences Bring Modern Luxury Living to Paradise Island Bahamas

Brand New Residences Bring Modern Luxury Living to Paradise Island Bahamas

In the heart of breathtaking Paradise Island adjacent to Nassau, Bahamas, a very rare residential opportunity will soon be available. Opportunities like this are extremely limited on this 685 acre island paradise. Read More »

Last Updated April 28, 2017 9:00 AM ET

North America Residential News Property News

Residential rents across the country rose 0.7 percent from last March 2016, the slowest rate of appreciation since November 2012.

According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending April 14, 2017, U.S. mortgage applications decreased 1.8 percent from one week earlier.

Following an elevated February 2017 reading, nationwide housing starts fell 6.8 percent in March to a seasonally adjusted annual rate of 1.22 million units

Deregulation. Or less regulation. That's the magic wand President Donald J. Trump, a homebuilder by birth, is waving over the nation's real estate industry today.

U.S. homebuilder confidence dipped three points in April 2017 to a level of 68 on the National Association of Home Builders/Wells Fargo Housing Market Index,

Independent mortgage banks and mortgage subsidiaries of chartered banks in the U.S. made an average profit of $1,346 on each loan they originated in 2016, up from $1,189 per loan in 2015.

Mortgage applications for new home purchases increased 6.7 percent compared to March 2016. Compared to February 2017, applications increased by 23 percent relative to the previous month.

According to Freddie Mac's latest Primary Mortgage Market Survey released April 13, 2017, the 30-year mortgage rate in the U.S. dropped for the fourth consecutive week and hitting a new low for 2017.

According to ATTOM Data Solutions' Q1 and March 2017 U.S. Foreclosure Market Report, which shows first quarter foreclosure activity was below pre-recession levels nationwide and in 102 out of 216 metropolitan statistical areas (47 percent) analyzed in the report.

According to Freddie Mac, more U.S. home renters are optimistic about their financial situations and expect to stay where they are even if their rents increased.

The soft hiring seen in March is not too concerning and likely a single month aberration. The recent high levels of voluntary quitting, presumably because of better job opportunities elsewhere, will lead to strengthening wage growth.

According to the Greater Las Vegas Association of Realtors, the recent trend of rising home prices and sales in Southern Nevada continued through March 2017.

According to Freddie Mac's latest Primary Mortgage Market Survey, the 30-year mortgage rate in the U.S. dropped for the third consecutive week and closing in on the 2017 low.

According to ATTOM Data Solutions' Q1 2017 U.S. Home Affordability Index, one in every four county U.S. housing markets analyzed for the report were less affordable than their historic affordability averages in the first quarter of 2017.

According to Freddie Mac's latest Primary Mortgage Market Survey, the average mortgage rate in the U.S. dropped for the second consecutive week.

According to Zillow, monthly housing rent is a bigger financial burden for people living in predominantly black or Hispanic neighborhoods than it is in white neighborhoods.

Pending home sales rebounded sharply in February to their highest level in nearly a year and second-highest level in over a decade. All major regions saw a notable hike in contract activity last month.

ATTOM Data Solutions has just released its Q1 2017 Single Family Rental Market Report, which ranks the best U.S. markets for buying single-family rental properties in 2017.


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