According to Freddie Mac's latest Primary Mortgage Market Survey, the average 30-year fixed mortgage rate in the U.S. dropped to a new 2017 low in late June.
According to the National Association of Realtors, the ongoing supply shortages that are propping up U.S. home prices in many metro areas has caused pending home sales in May 2017 to slump for the third consecutive month.
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 Freddie Mac's latest Primary Mortgage Market Survey, the average mortgage rates hitting their lowest mark of the year in Mid-May 2017. 30-year mortgage rate fell 7 basis points this week.
Renters are starting to look for cheaper housing options outside downtown cores, prompting rent payments to rise faster in the suburbs than in urban areas.
Despite breathless media headlines about various big-box retailers closing stores, others in that category are opening hundreds of stores.
According to Zillow, first-time homebuyers in the U.S. will have better luck in the Southeast if they are looking for a more affordable home.
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, more U.S. home renters are optimistic about their financial situations and expect to stay where they are even if their rents increased.
With the migration of many millennials to urban environments, some commercial real estate industry observers are less than bullish when it comes to suburban office product.
The NAHB is reporting this week that U.S. home builder confidence in the market for newly-built single-family homes jumped six points to a level of 71 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
The prospect of increased U.S. economic growth combined with less regulation, means that investor sentiment for commercial real estate investment is marginally more positive than last year.
Not only was Super Bowl 51 a big win for Tom Brady and the New England Patriots, it was a big win for the city of Houston itself.
Excessive regulations, rising mortgage interest rates and ongoing home price appreciation pushed housing affordability in the fourth quarter of 2016 to its lowest point since the third quarter of 2008.
According to Freddie Mac's latest Primary Mortgage Market Survey, the average 30-year and 15-year fixed mortgage rates rising for the first time in 2017.
According to JLL's new 2017 Data Center Outlook, the public's obsession with online video binge-watching is just one of the factors helping the data center industry flourish worldwide.
According to the National Association of Realtors, existing-home sales closed out 2016 as the best year in a decade, even as sales declined in December as the result of ongoing affordability tensions and historically low supply levels.