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U.S. Mortgage Rates Increase After 5 Weeks of Declines

U.S. Mortgage Rates Increase After 5 Weeks of Declines

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. Read More »


U.S. Home Sales Jump 4.4 Percent in March

U.S. Home Sales Jump 4.4 Percent in March

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. Read More »

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 »


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Global Property Spotlight

Grand Tetons Wonderland - (Driggs, Idaho)

Grand Tetons Wonderland - (Driggs, Idaho)

Huntsman Springs is golf and club community developed by Jon Huntsman, Sr. A place of serenity and beauty in the hitherto undeveloped Teton Valley of Western Idaho. Read More »

Last Updated April 28, 2017 9:00 AM ET

Orlando Property News

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.

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.

Pending home sales rebounded sharply in February to their highest level in nearly a year and second-highest level in over a decade. All major regions saw a notable hike in contract activity last month.

Nationwide U.S. housing starts rose 3 percent in February from an upwardly revised January reading to a seasonally adjusted annual rate of 1.288 million units.

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).

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.

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.

According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes in the U.S. rose 12.2 percent annually in 2016 to 563,000 units, the highest yearly gain since 2007.

Global property consultant Cushman & Wakefield announced this week that the U.S. industrial market nationwide absorbed 63.6 million square feet (MSF) of space in the fourth quarter of 2016.

According to STR and Tourism Economics' first forecast of 2017, the U.S. hotel industry is projected to see slower but steady growth through 2018.

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.

U.S. commercial real estate executives are especially bullish on industrial, infrastructure and multi-family asset classes in 2017.

According to a group of panelists at the recent National Association of Home Builders International Builders' Show in Orlando last week, the U.S. multifamily housing market will further be tapping on the brakes in 2017.

The outlook in 2017 for U.S. commercial real estate capital markets continues to be favorable.

According to new consumer research by the National Association of Home Builders (NAHB), the average size of newly built homes decreased in 2016

Fueled by a growing economy, solid employment gains and rising household formations, single-family housing production in the U.S. will continue on a gradual, upward trajectory in 2017.

Home remodelers' average profit margins have increased since 2011, indicating they are running their businesses more efficiently as residential remodeling activity steadily improves.


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