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Builder Confidence in U.S. Dips in April

Builder Confidence in U.S. Dips in April

U.S. homebuilder confidence dipped three points in April 2017 to a level of 68 on the National Association of Home Builders/Wells Fargo Housing Market Index, Read More »


Profits Jumped in 2016 for Independent Mortgage Bankers in U.S.

Profits Jumped in 2016 for Independent Mortgage Bankers in U.S.

Independent mortgage banks and mortgage subsidiaries of chartered banks in the U.S. made an average profit of $1,346 on each loan they originated in 2016, up from $1,189 per loan in 2015. Read More »

Downtown Manhattan Enjoys Significant Surge of Office Leasing in Early 2017

Downtown Manhattan Enjoys Significant Surge of Office Leasing in Early 2017

According to JLL, lower Manhattan recorded more than 2.3 million square feet in leasing transactions in the first quarter of 2017. Read More »

New Home Mortgage Applications in U.S. Jump in March

New Home Mortgage Applications in U.S. Jump in March

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. Read More »


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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 April 18, 2017 8:00 AM ET

New York City Property News

According to ATTOM Data Solutions' Q1 and March 2017 U.S. Foreclosure Market Report, which shows first quarter foreclosure activity was below pre-recession levels nationwide and in 102 out of 216 metropolitan statistical areas (47 percent) analyzed in the report.

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.

According to the Mortgage Bankers Association's 2016 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation, U.S. commercial and multifamily mortgage bankers closed $490.6 billion of loans in 2016.

According to the Mortgage Bankers Association's latest fourth quarter 2016 Commercial-Multifamily DataBook report released this week:

According to CBRE's new released Global Investor Intentions Survey for 2017, stronger economic growth, the availability of debt capital, and a more positive outlook from investors is expected to drive global capital flows in 2017.

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).

According to the Mortgage Bankers Association's most recent Commercial/Multifamily Delinquency Report, delinquency rates for commercial and multifamily mortgage loans remained low in the fourth quarter of 2016.

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.

According to STR, the Baird/STR Hotel Stock Index increased 0.7% in February 2017, closing the month at 3,750. Through the first two months of 2017, the index was up 1.3%. Hotel stocks underperformed the broader indices in February as industry trends remained sluggish.

Ten percent, or $175.9 billion, of $1.7 trillion of outstanding commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2017.

According to CommercialCafe -- a nationwide commercial real estate search website -- investment in the New York City office market dipped in 2016, as the total office sales volume in amounted to $21.1 billion.

The U.S. Apartment and Condominium index posted a gain of two points to 55 in the fourth quarter of 2016. The MPI has been at 50 or above for five straight years.

According to the latest research from CBRE Group, Inc., capitalization rates on U.S. commercial real estate remained largely stable in the second half of 2016, as prices softened slightly.

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.

The music streaming service will now lease 387,243 square feet of office space at the Class A, 2.3 million-square-foot commercial office building.

Commercial real estate lending volume in the U.S. finished the year on a strong note as loan closings surged in November and December 2016.

According to CBRE Group latest Manhattan Retail MarketView for fourth quarter 2016, New York City's retail market has hit a tipping point. Following a tremendous run-up in rents over the past four years, average-asking rents eased in 2016.

2017 started with only the second rise in federal interest rates since 2006 and the start of a new presidential administration that is already showing itself to be very disruptive on many fronts.


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