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55+ Housing Market Ends 2017 on Record High in U.S.

55+ Housing Market Ends 2017 on Record High in U.S.

U.S. builder confidence in the single-family 55+ housing market remained strong in the fourth quarter of 2017 with a reading of 71, up 12 points from the previous quarter. This is the highest reading since the inception of the index in 2008. Read More »


Inventory at Crisis Level in Many Top U.S. Housing Markets

Inventory at Crisis Level in Many Top U.S. Housing Markets

According to Zillow's December 2017 Real Estate Market Report, U.S. home shoppers looking to buy in 2018 will have 10 percent fewer homes to choose from than a year ago. Read More »

Availability, Affordability Hamstring Potential U.S. Home Buyers in 2018

Availability, Affordability Hamstring Potential U.S. Home Buyers in 2018

The lack of affordable, buildable lots and the scarcity of labor affected home production in 2017. While starts increased by 9 percent over 2016, the characteristics of these new homes stayed largely the same. Read More »

U.S. Consumer Spending on Home Remodeling Projects to Uptick in 2018

U.S. Consumer Spending on Home Remodeling Projects to Uptick in 2018

Spending on residential remodels will continue to grow at a modest pace in the next two years. Professional remodelers from around the country agreed with the forecast, citing increased consumer confidence. 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 February 2, 2018 3:39 PM ET

Orlando Property News

The National Association of Home Builders is reporting that U.S. builder confidence in the market for newly-built single-family homes increased five points to a level of 74 in December 2017

According to the American Automobile Association, this year Americans are traveling in record numbers during the Holiday Season.

The American Automobile Association (AAA) is estimating that 50.9 million Americans will journey 50 miles or more away from home this Thanksgiving, a 3.3 percent increase over last year.

In the U.S., home builder confidence rose two points to a level of 70 in November 2017 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). This was the highest report since March, and the second highest on record since July 2005.

Sparked by steady job gains, record low mortgage rates and higher rents, the severe drought in housing supply in much of the country over the past year accelerated price growth and kept many first-time home buyers out of the market.

Nearly 1.4 million (1,367,793) U.S. residential properties (1 to 4 units) were vacant as of the end of the third quarter of 2017 -- representing 1.58 percent of all U.S. residential properties.

According to the National Association of Home Builders/Wells Fargo Housing Market Index, U.S. builder confidence in the market for newly-built single-family homes rose four points to a level of 68 in October 2017. This was the highest reading since May 2017.

According to Zillow, rental houses in the U.S. have been in high demand since the housing market crashed, but a lack of supply has made renting those homes more expensive.

According to a new survey commissioned by Freddie Mac, a significant majority of the U.S. multifamily industry believes the rental housing market will continue to grow, fueled by increasing demand and a growing population.

Michael Gerrity has been at the forefront of real estate for more than 30 years. First, the Orlando native had a stellar real estate brokerage career, selling and leasing nearly $300 million worth of commercial office transactions.

According to the National Association of Realtors, pending U.S. homes sales stumbled in July for the fourth time in five months as only the West saw an increase in contract activity. The Pending Home Sales Index (PHSI) decreased 0.8 percent to 109.1 in July from a downwardly revised 110.0 in June.

According to Zillow, nearly one in 20 residential ZIP codes in the U.S. meets the definition of a $1 Million Neighborhood, meaning at least 10 percent of the homes there are worth seven figures or more.

According to the National Association of Home Builders/First American Leading Markets Index, nearly 300 U.S. housing markets posted an increase in economic and housing activity.

U.S. home builder confidence in the single-family 55+ housing market strengthened in the second quarter of 2017 with a reading of 66, up 11 points from the previous quarter.

According to Freddie Mac's latest Primary Mortgage Market Survey, the average U.S. mortgage rate dropped in mid-July, after two straight weeks of increases.

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.


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