Home-value growth in the U.S. is slowing, home price cuts are more common and for-sale inventory is up. Sounds like relief is imminent for home buyers, right? Not so fast. Mortgage rates have been steadily climbing for the past two years.
According to international property consultant Knight Frank, the annual change in prices in prime regional housing markets in England and Wales fell for the first time in 18 months in 2018, according to Knight Frank figures.
Based on a new report by the California Association of Realtors, California home sales remained on a downward trend for the seventh consecutive month in November 2018 as prospective buyers continued to wait out the market.
Total Miami-Dade County Florida home sales increased 7 percent year-over-year in November 2018, marking the market's fifth consecutive month of year-over-year transaction gains.
According to a new housing market report by the New York State Association of Realtors, statewide in New York, the median home sales price continues to trend on a positive note, rising sharply in November 2018.
Andy Williams, the great singer (and a number of other great singers, in their times), said it best. This truly is the Hap-Happiest Time of the Year! Christmas is a time for friends, family...and the friends who are more like family.
According to Zillow's November Real Estate Market Report, after nearly four years of annual declines in inventory, the number of homes for sale has now increased year-over-year for three straight months.
A record-breaking 112.5 million travelers, or 1-in-3 US citizens, are taking to the nation's runways, roads and rails for the year-end holidays represents a 4.4 percent increase over last year.
According to the National Association of Realtors, Existing-home sales in the U.S. increased in November 2018 for the second month in a row. Three of four major U.S. regions also saw gains in sales activity last month.
Commercial real estate investors in the U.S. are feeling more confident this week after the Federal Reserves' fourth interest rate hike in 2018, according to global real estate consultant CBRE.
According to a new survey by the National Association of Realtors show that despite a favorable view on the economy and the direction of U.S. home prices, the sentiment on home buying continued to diminish at the close of 2018.
According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending December 14, 2018, U.S. mortgage applications decreased 5.8 percent from one week earlier.
The National Association of Home Builders is reporting this week that U.S. home builder confidence for newly-built single-family homes fell four points to 56 in December 2018, based on the National Association of Home Builders/Wells Fargo Housing Market Index.
The inventory of homes available for purchase in the Orlando area has experienced its first year-over-year increase since July of 2015. The overall inventory in November 2018 is 1.7 percent higher than in November 2017.
According to Daft.ie's 2018 Wealth Report, the number of homeowners in Ireland whose property is worth €1m or more - making them "property millionaires" - has surpassed 5,000. The total number of property millionaires now stands at 5,305, a change of 452 or 9% since June of this year.
According to new Zillow research, forty-three percent of U.S. homebuyers nationally put down 20 percent or more. Atlanta and Phoenix had the smallest share of buyers -- at just over 30 percent -- putting that much down.
According to International property consultant Knight Frank, the average value of residential property across 57 countries and territories worldwide increased by 4.9% in the year to September 2018, the index's lowest annual rate of growth for two years.
According to Freddie Mac's latest Primary Mortgage Market Survey for the second week of December 2018, U.S. mortgage rates dropped significantly after several weeks of moderating.
681,455 refinance mortgages in the U.S. secured by residential property (1 to 4 units) were originated in the third quarter, down 15 percent from the previous quarter and down 21 percent from a year ago to the lowest level as far back as data is available -- Q1 2000.
According to the U.S. Department of Housing and Urban Development, sales of newly built, single-family homes in the U.S. fell to a seasonally adjusted annual rate of 544,000 units in October 2018, after an upwardly revised September report.