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Real Estate News

51 Million Americans to Travel This Thanksgiving Weekend, Most in 12 Years

51 Million Americans to Travel This Thanksgiving Weekend, Most in 12 Years

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. Read More »


Home Builder Confidence Rises to 8 Month High in November

Home Builder Confidence Rises to 8 Month High in November

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. Read More »

Millennial Buyers Struggle With Low Housing Supply, Affordability in U.S.

Millennial Buyers Struggle With Low Housing Supply, Affordability in U.S.

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. Read More »

Three of Four Vacant Residential Properties in U.S. are Investment Homes

Three of Four Vacant Residential Properties in U.S. are Investment Homes

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. 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 November 22, 2017 8:50 AM ET

Orlando Property News

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.

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.


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