Salt Lake City
Real Estate News

Fixed Mortgage Rates in U.S. Hits New 2017 Low

Fixed Mortgage Rates in U.S. Hits New 2017 Low

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. Read More »


Foreclosure Activity in Half U.S. Markets Now Below Pre-Market Crash Levels

Foreclosure Activity in Half U.S. Markets Now Below Pre-Market Crash Levels

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. Read More »

U.S. Home Builder Confidence Spikes in March, Hits 12-Year High

U.S. Home Builder Confidence Spikes in March, Hits 12-Year High

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). Read More »

Distressed Sales Account for 8 Percent of U.S. Homes Sold

Distressed Sales Account for 8 Percent of U.S. Homes Sold

According to CoreLogic, distressed home sales in the U.S., which include REO and short sales, accounted for 7.8 percent of total home sales nationally in June 2016. Read More »


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 July 3, 2017 7:57 AM ET

Salt Lake City Property News

STR is reporting this week that their Baird/STR Hotel Stock Index increased 0.9% in August to close the month at 3,349. Year to date, the index is up 8.2%. The Hotel Brand sub-index reported a 1.5% increase to 4,366 in August.

According to the National Association of Realtors, U.S. pending home sales expanded in most of the country in July 2016, and reached their second highest reading in over a decade. Only the Midwest saw a dip in contract activity last month.

Sales of newly built, single-family homes in the U.S. rose 3.5 percent in June 2016 from an upwardly revised May 2016 reading to a seasonally adjusted annual rate of 592,000 units.

The American Institute of Architects is reporting this week that buoyed by increasing levels of demand across all project types, the Architecture Billings Index (ABI) was positive in June 2016 for the fifth consecutive month.

Based on Freddie Mac's latest Primary Mortgage Market Survey, average fixed mortgage rates in the U.S. dropped to new 2016 lows in the wake of the Brexit vote.

According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending June 24, 2016, U.S. mortgage applications decreased 2.6 percent from one week earlier.

268,000 U.S. homeowners regained positive equity in Q1 2016, bringing the total number of mortgaged residential properties with equity at the end of Q1 2016 to approximately 46.7 million.

According to research by the National Association of Realtors, a flurry of financial obstacles and lifestyle choices are stalling the journey to homeownership for many young adults

According to Irvine, Ca-based RealtyTrac's First Quarter 2016 U.S. Foreclosure Market Report, foreclosure activity in the U.S. was below pre-recession levels in 78 out of 216 U.S. metropolitan statistical areas (36 percent).

Technology firms and start-ups aren't just exploring new U.S. markets, and they're starting to plant roots.

U.S. foreclosure inventory declined by 27.9 percent and completed foreclosures declined by 24.4 percent since July 2014.

According to RealtyTrac's Q1 2015 U.S. Residential Loan Origination Report, 551,865 loans were originated on single family homes and condos in the first quarter.

Markets in 63 of the approximately 350 U.S. metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity

The U.S. commercial real estate market strengthened strongly across all property types in the third quarter of 2014

×
WORLD PROPERTY JOURNAL
 
Free News Alerts
 

Sign up now to receive the latest local & global real estate news in your inbox.

GO