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Real Estate News

California Home Sales Rebound in February, Says C.A.R.

California Home Sales Rebound in February, Says C.A.R.

California home sales bounced back in February 2019, after hitting the lowest sales level in more than 10 years the previous month. February's annual sales level were the highest in six months. Read More »


Top U.S. Markets for Buying Single Family Rentals in 2019 Revealed

Top U.S. Markets for Buying Single Family Rentals in 2019 Revealed

The average annual gross rental yield in the U.S. (annualized gross rent income divided by median purchase price of single-family homes) among the 432 counties was 8.8 percent for 2019, up from an average of 8.7 percent in 2018. Read More »

Power is Shifting To Buyers in Most California Housing Markets in 2019

Power is Shifting To Buyers in Most California Housing Markets in 2019

Zillow is reporting this week that a limited U.S. housing inventory and rapid price appreciation have kept sellers firmly in the driver's seat for several years as the United States recovered from the housing market collapse in 2008. Read More »

Home Flipping in U.S. Drops to 7-Year Low

Home Flipping in U.S. Drops to 7-Year Low

According to ATTOM Data Solutions newly released Q4 and Year-End 2018 U.S. Home Flipping Report, 207,957 U.S. single family homes and condos were flipped in 2018, down 4 percent from the 216,537 home flips in 2017. 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 March 20, 2019 9:01 AM ET

Irvine Property News

According to ATTOM Data Solution's Year-End 2018 U.S. Home Equity & Underwater Report, in the fourth quarter of 2018 over 14.5 million U.S. properties were equity rich -- where the combined estimated amount of loans secured by the property was 50 percent or less of the property's estimated market value.

U.S. home sellers realized an average home price gain since purchase of $61,000 in 2018, up from $50,000 last year and up from $39,500 two years ago in 2016 to the highest level since 2006.

According to ATTOM Data Solutions new 2019 Rental Affordability Report, renting a three-bedroom property in the U.S. is more affordable than buying a median-priced home in 442 of 755 U.S. counties analyzed for the report -- 59 percent.

Based on a new report by the California Association of Realtors, California home sales remained on a downward trend for the seventh consecutive month in November 2018 as prospective buyers continued to wait out the market.

681,455 refinance mortgages in the U.S. secured by residential property (1 to 4 units) were originated in the third quarter, down 15 percent from the previous quarter and down 21 percent from a year ago to the lowest level as far back as data is available -- Q1 2000.

According to ATTOM Data Solutions, nearly one in 10 U.S. homes sold so far in 2018 by the nation's two leading iBuyers -- Opendoor and Offerpad -- were purchased by institutional investor entities buying at least 10 homes.

According to a consumer survey released by the California Association of Realtors, despite affordability challenges, California renters continue to hold homeownership in high regard and aspire to purchase a home eventually.

According to new research by ATTOM Data Solutions, the 10 best days of the year to buy a home in the U.S. are primarily in December (7 days), and one day in each in the months of October, November and February.

According to ATTOM Data Solutions' 2018 Vacant Property and Zombie Foreclosure Report, nearly 1.5 million (1,447,906) U.S. single family homes and condos were vacant at the end of Q3 2018, representing 1.52 percent of all homes nationwide -- down from 1.58 percent in 2017.

A total of 177,146 U.S. properties with foreclosure filings in the third quarter of 2018, down 6 percent from the previous quarter and down 8 percent from a year ago to the lowest level since Q4 2005.

Based on ATTOM Data Solutions newly released Q3 2018 U.S. Home Affordability Report, U.S. home prices in the third quarter of 2018 were at the least affordable level since Q3 2008 -- a 10-year low.

There were 70,166 U.S. properties with foreclosure filings in August 2018, up 9 percent from July but still down 7 percent from a year ago. Nationally one in every 1,910 U.S. properties had a foreclosure filing in August 2018.

More than 1.5 million loans secured by residential property were originated in Q2 2018, down 16 percent from the previous quarter and down 27 percent from a year ago to the lowest level since Q1 2014.

Median home prices in cities with the top 80th percentile for natural hazard housing risk have appreciated 40% on average over the last 10 years

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.

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.

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.

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.


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