Pending home sales in California soared in February 2015 to record the first double-digit annual gain in nearly three years
According to Auction.com's February 2015 Real Estate Investor Activity Report, there is a growing preference by investors in the U.S. to flip properties over a hold-to-rent strategy, even as rental rates climb in many markets.
Manhattan office leasing totaled 2.25 million square feet during February 2015, 4% higher than the five-year monthly average of 2.18 million sq. ft.
Existing U.S. home sales increased modestly in February 2015, but constrained inventory levels pushed price growth to its fastest pace in a year.
Mortgage Bankers Association (MBA) released its annual ranking of top commercial and multifamily mortgage firms by loan originations.Wells Fargo leading the way.
According to the Miami Association of Realtors own website stats, Brazil topped the list of foreign countries conducting online searches in January 2015.
The average fixed mortgage rate moved down across the board. The average 30-year fixed mortgage rate continues its run below 4 percent
Propensity to rent, improving job economy and new development deliveries in the U.S. combined to drive the largest full-year multifamily investment since 2007.
According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending March 13, 2015, mortgage applications decreased 3.9 percent from one week earlier.
According to newly released data from the U.S. Commerce Department, housing starts nationwide dropped 17 percent to a seasonally adjusted annual rate of 897,000 units in February 2015.
Total commercial and multifamily debt outstanding in the U.S. stood at $2.64 trillion in the fourth quarter of 2014, an increase of $48.9 billion.
The gap between rental costs and household income is widening to unsustainable levels in many parts of the country.
The California Association of Realtors reports this week that slowing home price appreciation and improving inventory combined to boost California's housing market in February.
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