Substantial increase in sales dollar volume from Canadian buyers, foreign investment in U.S. residential real estate skyrocketed to a new record-high
According to new consumer spending analysis from the National Association of Home Builders, newly minted homeowners are helping drive a healthy U.S. economy. In their first year of ownership.
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.
This Independence Day a record-breaking 44.2 million Americans will travel 50 miles or more away from home, taking to the nation's roads, skies, rails and waterways to honor the red, white and blue.
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.
Delayed marriages, an aging population and international immigration are increasing a pressing need for new apartments in the U.S., to the tune of 4.6 million by 2030.
Investor appetite for seniors housing & care real estate continues to grow, with the majority of investors who specialize in the sector planning to increase the size of their portfolios in 2017.
According to the American Automobile Association, over 39.3 million Americans will travel 50 miles or more away from home this 2017 Memorial Day weekend.
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.
Changing demographics brought forth by immigration and growing interest from foreigners are positioned to bolster home sales activity and prices.
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.
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.
Despite a 12-point drop from the previous quarter, builder confidence in the single-family 55+ housing market remains in positive territory for the first quarter of 2017 with a reading of 55.
According to Freddie Mac's latest Primary Mortgage Market Survey (PMMS), the average U.S. mortgage rate rose for the first time in five weeks in late April 2017.
According to the National Association of Realtors, existing-home sales took off in March 2017 to their highest pace in over 10 years, and severe supply shortages resulted in the typical home coming off the market significantly faster than in February and a year ago.
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.
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.