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Real Estate News

Home Mortgage Originations in U.S. Down to a 4-Year Low in Q2

Home Mortgage Originations in U.S. Down to a 4-Year Low in Q2

More than 1.5 million (1,527,433) loans secured by residential property were originated in Q2 2018, down 16 percent from the previous quarter. Read More »


Mortgage Fraud on the Rise Again in the U.S.

Mortgage Fraud on the Rise Again in the U.S.

According to CoreLogic's latest Mortgage Fraud Report, there was a 12.4 percent year-over-year increase in fraud risk at the end of the second quarter of 2018, as measured by the CoreLogic Mortgage Application Fraud Risk Index. Read More »

Home Flipping in U.S. Dips to 4-Year Low

Home Flipping in U.S. Dips to 4-Year Low

Home Flipping Report, homes flipped in the second quarter of 2018 yielded an average gross return on investment of 44.3 percent, down from 47.8 percent in the previous quarter and down from 50.0 percent in Q2 2017 to the lowest average gross flipping ROI since Q3 2014. Read More »

Home Values Grow Faster in U.S. Markets with Strictest Land-Use Regulations

Home Values Grow Faster in U.S. Markets with Strictest Land-Use Regulations

U.S. markets where residential land use has the strictest regulations, and which often struggle to accommodate new housing, strong job growth, is also associated with a much larger increase in home values. Read More »


Global Property Spotlight

Harbor Place at Safety Harbor, The Jewel of Tampa Bay

Harbor Place at Safety Harbor, The Jewel of Tampa Bay

The town of Safety Harbor is a secret little hideaway known as the Jewel of Tampa Bay. Safety Harbor is neighbored by the major city of Clearwater, Florida. Read More »

Last Updated September 13, 2018 8:00 AM ET

Irvine Property News

U.S. single family homes and condos sold for a median price of $255,000 in the second quarter, up 6.3 percent from a year ago to a new all-time high but the slowest annual appreciation since Q2 2016.

According to ATTOM Data Solutions recent analysis of what California's housing market would look like if the state is split into three new states per a proposal that has qualified for the state's November 2018 ballot.

362,275 U.S. Foreclosure Filings Reported in First Half of 2018. down 15 percent from the same period a year ago and down 78 percent from a peak of 1,654,634 in the first six months of 2010.

According to a new report from the Mortgage Bankers Association, U.S. mortgage credit availability increased in June 2018. A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of loosening credit.

According to ATTOM Data Solutions Q2 2018 U.S. Home Affordability Report, U.S. home prices in the first quarter were at the least affordable level since Q3 2008.

Irvine, Ca-based Ten-X Commercial announced this week that they have handled over $20 billion in commercial real estate transactions since the platform's inception.

According to the California Association of Realtors, California's median home price reached a new high in May 2018, while home sales retreated both on a monthly and annual basis, wiping out most of the gains posted for the year.

According to CoreLogic's latest Single-Family Rent Index, which analyzes single-family rent price changes nationally and among 20 U.S. metropolitan areas, a national rent increase of 2.7 percent, which mirrors the rent increase for March 2017 when it was also 2.7 percent.

More than 1.8 million (1,813,691) loans secured by residential property (1 to 4 units) were originated in Q1 2018, down 5 percent from the previous quarter and down 3 percent from a year ago.

4.3 percent of U.S. residential mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) in March 2018, representing a 0.1 percentage point decline in the overall delinquency rate, compared with March 2017 when it was 4.4 percent.

Based on CoreLogic's latest Home Equity Report for the first quarter of 2018, U.S. homeowners with mortgages (which account for roughly 63 percent of all properties) have seen their equity increase 13.3 percent year over year.

At the end of the first quarter of 2018, more than 5.2 million (5,206,446) U.S. properties were seriously underwater, down by more than 291,000 properties from a year ago.

A national rent increase of 2.8 percent in January 2018, compared to 2.6 percent in January 2017. Low rental home inventory fuels the growth of single-family rent prices.

ATTOM Data Solutions released this week its 2017 property tax analysis for more than 86 million U.S. single family homes, which shows that property taxes levied on single family homes in 2017 totaled $293.4 billion

Median home prices in Q1 2018 were not affordable for average wage earners in 304 of 446 U.S. counties analyzed in the report (68 percent).

Independent mortgage banks and mortgage subsidiaries of chartered banks in the U.S. reported a net gain of $237 on each loan they originated in the fourth quarter of 2017, down from a reported gain of $929 per loan in the third quarter of 2017.

ATTOM Data Solutions has just released this week their Q1 2018 Single Family Rental Market Report, which ranks the best U.S. markets for buying single family rental properties in 2018.

According to the California Association of Realtors, led by the San Francisco Bay region, California home sales registered healthy gains in February 2018 on both a monthly and annual basis after January's weak start.


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