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Millennial Homeownership in U.S. Delayed 7 Years From Student Debt

Millennial Homeownership in U.S. Delayed 7 Years From Student Debt

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. Read More »


Hurricanes Cause U.S. Home Builder Confidence to Dip in September

Hurricanes Cause U.S. Home Builder Confidence to Dip in September

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. Read More »

Home Flipping Profits in U.S. Continue to Dip in 2017

Home Flipping Profits in U.S. Continue to Dip in 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. Read More »

Mortgage Rates in U.S. Remain Near Record Lows

Mortgage Rates in U.S. Remain Near Record Lows

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. Read More »


Luxury 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 September 19, 2017 9:18 AM ET

Asia Pacific Real Estate News

All across America, there are places giving new meaning to the phrase "Bed & Breakfast." Places where the proprietors go above and beyond what's expected.

Global real estate consultant Knight Frank is reporting since the UK's vote to leave the EU in June 2016, there has been widespread concern that jobs might leave the UK, or firms will delay recruitment.

Hong Kong is once again the world's highest-priced office market according to CBRE's semi-annual Global Prime Office Rents survey.

According to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending September 8, 2017, U.S. mortgage applications increased 9.9 percent from one week earlier. This week's results included an adjustment for the Labor Day holiday.

According to a new CBRE thought leadership paper, circa $300 billion worth of Australian residential assets could be owned by institutional investors within the next couple of decades if the multifamily sector evolves in the same vein as the US.

According to Zillow, rental houses in the U.S. have been in high demand since the housing market crashed, but a lack of supply has made renting those homes more expensive.

According to a new survey commissioned by Freddie Mac, a significant majority of the U.S. multifamily industry believes the rental housing market will continue to grow, fueled by increasing demand and a growing population.

More than 2 million (2,033,296) loans were originated on U.S. residential properties (1 to 4 units) in the second quarter of 2017, up 27 percent from a three-year low in the previous quarter but still down 12 percent from Q2 2016.

Hurricane Harvey's impact on Houston's commercial real estate market was significant. . Houston's commercial real estate market is resilient after weathering Hurricane Harvey and the largest rainfall the area has recorded in decades.

According to Freddie Mac's latest Primary Mortgage Market Survey, the U.S. 30-year fixed mortgage rate dropped to a year-to-date low for the third consecutive week in 2017. The 10-year Treasury yield fell 9 basis points this week, reaching a new 2017-low for a second consecutive week.

According to Irvine, Ca-based CoreLogic, an estimated 8,456,455 residential and commercial properties in Florida are at either "Extreme," "Very High" or "High" risk of wind damage from Hurricane Irma.

According to Zillow, holding onto your home for a long period of time over the last decade meant a serious return on investment, especially in some of the nation's hottest housing markets.

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending September 1, 2017, U.S. mortgage applications increased 3.3 percent from one week earlier.

Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued the following statement.

According to the latest property report from Cluttons, as the UAE government pioneers fiscal adjustment in the region in response to declining oil prices, milestones such as Expo 2020 and the introduction of VAT will play a key role in boosting the country's property market.

U.S. home prices are up strongly both year over year and month over month. Home prices nationally increased year over year by 6.7 percent from July 2016 to July 2017, and on a month-over-month basis, home prices increased by 0.9 percent in July 2017.

According to the Greater Las Vegas Association of Realtors, local Las Vegas home sales continued to rise while home prices started to level off in August 2017. The median price of existing single-family homes sold during August through its Multiple Listing Service (MLS) was $260,000

According to CBRE, Australia's commercial real estate remains an attractive asset class for offshore capital, with foreign investors accounting for 33% of all transaction activity in the first half of 2017.

A dip of 5.0 percent was recorded from its all-time high of 130 in June 2017 to 124 in July 2017. Still, the Demand Index was up 29.7 percent year over year. The Demand Index is adjusted for Redfin's market share growth.

Michael Gerrity has been at the forefront of real estate for more than 30 years. First, the Orlando native had a stellar real estate brokerage career, selling and leasing nearly $300 million worth of commercial office transactions.

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