Home remodelers' average profit margins have increased since 2011, indicating they are running their businesses more efficiently as residential remodeling activity steadily improves.
According to global commercial real estate consultant Cushman & Wakefield's latest U.S. Macro Forecast; following a turbulent year in 2016, the U.S. economy and commercial property markets are positioned to perform well in 2017.
U.S. mortgage applications decreased 12 percent from two weeks earlier. The Refinance Index decreased 22 percent from two weeks ago.
According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending December 16, 2016, mortgage applications increased 2.5 percent from one week earlier.
According to Freddie Mac's latest Primary Mortgage Market Survey, the average U.S. fixed mortgage rate moved higher for the eighth consecutive week in late December 2016.
More than 103 million Americans--the most on record--are expected to travel for the year-end holidays. This represents a 1.5 percent increase.
According to the National Association of Realtors, a big surge in the Northeast and a smaller gain in the South pushed U.S. existing-home sales up in November 2016 for the third consecutive month.
A sharp decline in multifamily starts pushed overall housing production down 18.7 percent in November to a seasonally adjusted annual rate of 1.09 million units.
The impact of the Federal Reserve's decision this week to raise the Federal Funds Rate by 0.25 percent on all U.S. real estate markets and sectors could be significant in 2017.
According to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending December 9, 2016, mortgage applications in the U.S. decreased 4.0 percent from one week earlier.
Existing-home sales in the U.S. are forecast to muster only a small gain in 2017 because of increasing mortgage rates and shrinking consumer confidence that now is a good time to buy a home.
Mortgage applications for new home purchases in the U.S. increased 12 percent relative to November 2015.
According to the Mortgage Bankers Association's Commercial/Multifamily Delinquency Report, delinquency rates for commercial and multifamily mortgage loans remained low in the third quarter of 2016.
According to Freddie Mac's latest Primary Mortgage Market Survey, the average U.S. fixed mortgage rate moved higher for the sixth consecutive week. The 10-year Treasury yield dipped this week following the release of the Job Openings and Labor Turnover Survey.
Mortgage applications decreased 0.7 percent from one week earlier. The prior week's results included an adjustment for the Thanksgiving holiday. The Market Composite Index, a measure of mortgage loan application volume, decreased 0.7 percent
On the heels of President-elect Donald Trump nominating Dr. Ben Carson this week as the next Department of Housing and Urban Development Secretary.
According to Freddie Mac's latest Primary Mortgage Market Survey, the average U.S. fixed mortgage rate moved higher for the fifth consecutive week in late November 2016. The 10-year Treasury yield remained flat despite an upward revision to third quarter GDP.