United States
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Despite Political Uncertainty, U.S. Mortgage Rates Stay Low

Despite Political Uncertainty, U.S. Mortgage Rates Stay Low

According to Freddie Mac's latest Primary Mortgage Market Survey for June 2017, the average U.S. mortgage rate continuing to hold at year-to-date lows amidst ongoing economic uncertainty. Read More »


Miami Home Sales Enjoy Best May in History

Miami Home Sales Enjoy Best May in History

According to the Miami Association of Realtors, May 2017 saw 1,344 single-family home sales in the greater Miami area, the most in any May in Miami real estate history, and a 9.9 percent jump from the 1,223 homes sold a year ago. Read More »

Mortgage Applications Increase in U.S. in June

Mortgage Applications Increase in U.S. in June

According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending June 16, 2017, mortgage applications in the U.S. increased 0.6 percent from one week earlier. Read More »

Median Home Sales Price in U.S. Hits New Record High in May

Median Home Sales Price in U.S. Hits New Record High in May

According to the National Association of Realtors, existing-home sales rebounded in May following a notable decline in April, and low inventory levels helped propel the median sales price to a new high. Read More »


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Global Property Spotlight

Cap Maison Resort - (St. Lucia, West Indies)

Cap Maison Resort - (St. Lucia, West Indies)

On the Caribbean island of St.Lucia, known worldwide for its natural beauty, Cap Maison is in a truly breathtaking location in one of St.Lucia's most desirable areas. Read More »

Last Updated June 23, 2017 8:00 AM ET

United States Property News

CoreLogic's Q1 2017 CoreLogic Housing Credit Index is now reporting a relative increase in credit risk for new home loan originations in the U.S. compared to prior periods.

According to the Mortgage Bankers Association, U.S. mortgage credit availability decreased in May 2017. The Mortgage Credit Availability Index (MCAI) decreased 1.1 percent to 181.0 in May.

Led by a decline in multifamily production, nationwide housing starts fell 5.5 percent in May to a seasonally adjusted annual rate of 1.09 million units. Multifamily starts fell 9.7 percent to a seasonally adjusted annual rate of 289,000 units.

What could be better for Dad - and for you, if you're a Dad! - than a genuine getaway from the daily routine of working, paying bills, meetings, trying to squeeze a lot of life into a little free time, etc., etc., etc.?

Mortgage applications for new home purchases increased 15 percent compared to May 2016. Compared to April 2017, applications increased by 4 percent relative to the previous month.

According to the Mortgage Bankers Association, the total commercial/multifamily debt outstanding in the U.S. rose to $3.01 trillion at the end of the first quarter of 2017, the first time it has broken the $3 trillion mark.

Amidst rising occupancy costs, companies are tasked with creating a user experience, in part through technology, that makes employees more efficient and effective, and that makes the office the preferred place to work.

U.S. Homeownership rate is stuck near a 50-year low because of a perverse mix of affordability challenges, student loan debt, tight credit conditions and housing supply shortages.

Nationally, 4.4 percent of mortgages were in some stage of delinquency (30 days or more past due including those in foreclosure) in March 2017.

Delayed marriages, an aging population and international immigration are increasing a pressing need for new apartments in the U.S., to the tune of 4.6 million by 2030.

The Greater Las Vegas Association of Realtors (GLVAR) reported this week that despite a shrinking housing supply, local home prices and sales continued to rise in May 2017.

According to Zillow analysis, buying the typical U.S. home listed for sale in more than half of the nation's 35 largest markets will require a greater share of income than the median-valued home required historically.

U.S. homeowners with mortgages (roughly 63 percent of all homeowners) have seen their equity increase by a total of $766.4 billion since Q1 2016, an increase of 11.2 percent.

According to Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed mortgage rate dropped for the fourth consecutive week and hitting its lowest level in nearly seven months.

Home flips in Q1 2017 accounted for 6.7 percent of all single family home and condo sales during the quarter, up from 5.8 percent in the previous quarter and unchanged from a year ago.

Investor appetite for seniors housing & care real estate continues to grow, with the majority of investors who specialize in the sector planning to increase the size of their portfolios in 2017.

Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $224 on each loan they originated in the first quarter of 2017, down from a reported gain of $575 per loan in the fourth quarter of 2016.

Nearly 6.9 million U.S. homes along the Atlantic and Gulf coasts are at potential risk of damage from hurricane storm surge inundation in 2017 with a total reconstruction cost value (RCV) of more than $1.5 trillion.


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