Irvine
Real Estate News

Potential Oroville Dam Failure Puts Over 50,000 Homes at Risk

Potential Oroville Dam Failure Puts Over 50,000 Homes at Risk

50,047 single- and multi-family residential homes in the U.S. could be damaged with an estimated reconstruction cost value (RCV) of $13.3 billion. Read More »


Steep Decline: 21,000 Completed U.S. Home Foreclosures in December

Steep Decline: 21,000 Completed U.S. Home Foreclosures in December

U.S. foreclosure inventory declined by 30 percent and completed foreclosures declined by 40 percent compared with December 2015. Read More »

U.S. Home Prices Up 7.2 Percent in 2016, Forecasted to Rise 4.7 Percent in 2017

U.S. Home Prices Up 7.2 Percent in 2016, Forecasted to Rise 4.7 Percent in 2017

According to CoreLogic's latest Home Price Index for December 2016, U.S. home prices are up both year over year and month over month. Read More »

Distressed Home Sales in U.S. Back to Pre-Crisis 2007 Levels

Distressed Home Sales in U.S. Back to Pre-Crisis 2007 Levels

According to CoreLogic, cash home sales in the U.S. accounted for 31.8 percent of total home sales in October 2016, down 2.7 percentage points year over year from October 2015. Read More »


Global 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 February 21, 2017 8:00 AM ET

Irvine

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.

China has hit a record of $33 billion in overseas commercial and residential property investment in 2016, an increase of nearly 53 percent year-on-year.

U.S. foreclosure filings were down 14 percent from 2015 to the lowest level since 2006, when there were 717,522 U.S. properties with foreclosure filings.

Real estate tech startup Global Listings, Inc. has just announced the launch its global online real estate listings search platform, GlobalListings.com.

According to ATTOM Data Solutions' 2017 Rental Affordability Report, buying a home is more affordable than renting in 66 percent of U.S. housing markets.

According to CoreLogic's latest Home Price Index for November 2016, U.S. home prices are up both year over year and month over month.

According to CoreLogic, cash sales accounted for 31.7 percent of total U.S. home sales in September 2016, down 1.3 percentage points year over year from September 2015.

According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. sales of newly built, single-family homes rose 5.2 percent in November to a seasonally adjusted annual rate of 592,000 units.

According to ATTOM Data Solutions' Q4 2016 Home Affordability Index, the U.S. national affordability index in the fourth quarter was at its lowest level since Q4 2008.

California pending home sales dropped from both the previous month and last year in November 2015, indicating that the robust sales registered in November will likely not be repeated in the months ahead.

According to ATTOM Data Solutions' Q3 2016 U.S. Home Flipping Report, a total of 45,718 single family U.S. home and condo sales were flips in the third quarter of 2016, representing 5.1 percent of all single family and condo sales during the quarter.

According to CoreLogic's October 2016 National Foreclosure Report, U.S. foreclosure inventory declined by 31.5 percent and completed foreclosures declined by 24.9 percent compared with October 2015.

Existing-home sales in the U.S. are forecast to muster only a small gain in 2017 because of increasing mortgage rates and shrinking consumer confidence that now is a good time to buy a home.

According to CoreLogic, cash sales in the U.S. accounted for 31.1 percent of total home sales in August 2016, down 1.5-percentage points year over year from August 2015.

According to CoreLogic's September 2016 National Foreclosure Report, U.S. foreclosure inventory declined by 31.1 percent and completed foreclosures declined by 7.0 percent compared with September 2015.

According to Freddie Mac's latest Primary Mortgage Market Survey, the average U.S. fixed mortgage rate moved higher in early November.

According to CoreLogic's September 2016 National Foreclosure Report, U.S. foreclosure inventory declined by 31.1 percent and completed foreclosures declined by 7.0 percent compared with September 2015.

According to CoreLogic's latest Home Price Index for September 2016 shows that U.S. home prices are up both year over year and month over month.


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