Miami luxury developer Château Group and FENDI, the Italian luxury house, have created a partnership to develop FENDI Château Residences, a new and exclusive 12-story waterfront condominium building located in Miami.
According to CoreLogic's June 2014 National Foreclosure Report, there were 49,000 completed foreclosures nationally, down from 54,000 in June 2013.
According to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending July 25, 2014, mortgage applications decreased 2.2 percent from one week earlier.
A survey of the nation's leading construction forecasters is projecting that spending will see a 4.9% increase in 2014 - down from the previous estimate of 5.8%, with next year's projection holding at 8%.
According to STR, the U.S. hotel industry reported increases in all three key performance metrics for the second quarter 2014 in year-over-year measurements.
According to the NAHB, the latest National Association of Home Builders' Remodeling Market Index (RMI) rose three points to 56 in the second quarter of 2014, regaining the momentum built in 2013. This is the fifth consecutive quarter for an RMI reading above 50.
New York City's tech sector continued its usual growth trajectory in May 2014. Tech employment in Manhattan increased by 5.8 percent year-over-year, again marking the largest industry growth among all major sectors.
According to the National Association of Realtors (NAR), pending home sales slowed modestly in June. This occurs on the heels of three consecutive months of gains.
The average fixed mortgage rate remained largely flat for the week, hovering just above their lows for 2014 and helping to support homebuyer affordability.
Miami recently found out how strong global investor demand is for developable waterfront sites when a 1.25-acre parcel on the Miami River in downtown Miami sold for a record setting $125 million to a wealthy Argentinian family in Mid-July.
Bahrain's retail market remains the best performing sector in the commercial market.
According to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending July 18, 2014, mortgage applications increased 2.4 percent from one week earlier.
Equity-positive home sales posted their highest level since the housing crisis began, reaching more than 90 percent of all home sales.