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Real Estate News

 Mortgage Rates in U.S. Rise Again

Mortgage Rates in U.S. Rise Again

According to Freddie Mac's latest Primary Mortgage Market Survey, U.S. mortgage rates rose for the fourth consecutive week in late September 2018. The 30-year fixed-rate mortgage increased once again to its highest level since May. Read More »

Florida's Housing Market Delivers Strong Results in August

Florida's Housing Market Delivers Strong Results in August

According to a new report by the Florida Association of Realtors, Florida's housing market reported more sales, more new listings and higher median prices in August 2018 compared to a year ago, according to the latest housing data released by Florida Realtors. Read More »

Over 25 Percent of U.S. Home Sellers Dropped Asking Price Last Month

Over 25 Percent of U.S. Home Sellers Dropped Asking Price Last Month

According to new Redfin research, signs continue to point toward a changing market that's letting U.S. homebuyers be more selective as supply constraints begin to ease in the hottest markets. Read More »

U.S. Home Sales Remain Flat in August, Mixed Results Regionally

U.S. Home Sales Remain Flat in August, Mixed Results Regionally

According to the National Association of Realtors, U.S. home sales nationwide remained flat in August 2018 after four straight months of decline. Sales gains in the Northeast and Midwest canceled out downturns in the South and West. Read More »

Global Property Spotlight

Golfito Marina Village & Resort - (Costa Rica)

Golfito Marina Village & Resort - (Costa Rica)

Costa Rica's Newest Luxury Superyacht Destination Now Under Construction Read More »

Last Updated September 24, 2018 9:00 AM ET

United States Property News

Median home prices in cities with the top 80th percentile for natural hazard housing risk have appreciated 40% on average over the last 10 years

According to the U.S. Department of Housing and Urban Development and the Commerce Department, total U.S. housing starts increased 9.2 percent in August 2018 to a seasonally adjusted annual rate of 1.28 million units.

U.S. mortgage applications for new home purchases decreased 4.6 percent compared to August 2017. Compared to July 2018, applications decreased by two percent. This change does not include any adjustment for typical seasonal patterns.

The California Association of Realtors reported this week that California's housing market dropped below the 400,000-level sales benchmark for the first time in more than two years as high home prices and eroding affordability combined to cut into housing demand.

According to the Orlando Regional Realtor Association, year-over-year median price for Orlando homes sold during the month of August 2018 continued on its years-long upward trajectory.

According to the recently released CBRE U.S. Seniors Housing & Care Investor Survey, the appetite for senior housing acquisitions in the U.S. remains strong, with nearly two-thirds of investors planning to increase the size of their portfolios over the next 12 months.

Home values have more than recovered in most of the U.S.'s largest markets. The markets with the highest gains above the mid-2000s bubble are primarily in the West and Southwest.

According to the Real Estate Board of New York's recently released Investment Sales Report, in the first half of 2018, New York City's investment sales market showed signs of improvement from a slow second half of 2017.

According to Freddie Mac latest Primary Mortgage Market Survey for the first week of September 2018, U.S. mortgage rates jumped over the past week to a level not seen in over a month.

Hurricane-driven storm surge can cause significant property damage when high winds and low pressure cause water to amass inside the storm.

More than 1.5 million (1,527,433) loans secured by residential property were originated in Q2 2018, down 16 percent from the previous quarter.

According to a new report by CBRE, the rapid growth of e-commerce is forecast to create demand for another 452,000 warehouse and distribution workers in the U.S. this year and next, signaling an acceleration of job growth in the already labor-strapped industry.

According to CoreLogic's latest Mortgage Fraud Report, there was a 12.4 percent year-over-year increase in fraud risk at the end of the second quarter of 2018, as measured by the CoreLogic Mortgage Application Fraud Risk Index.

According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending August 31, 2018, U.S. mortgage applications decreased 0.1 percent from one week earlier.

Home Flipping Report, homes flipped in the second quarter of 2018 yielded an average gross return on investment of 44.3 percent, down from 47.8 percent in the previous quarter and down from 50.0 percent in Q2 2017 to the lowest average gross flipping ROI since Q3 2014.

Based on a new report by Redfin, U.S. homeowners in white, minority and mixed-race neighborhoods posted substantial gains in home equity from 2012 to 2018.

According to new U.S. housing market research by Zillow, the combination of rising home prices and interest rates creates a doubly challenging environment for would-be home buyers, making monthly mortgage payments on even modestly priced homes more of a financial burden.

Based on Freddie Mac's latest Primary Mortgage Market Survey, U.S. mortgage rates increased marginally in the first week of September 2018 over the past week. The 30-year fixed-rate mortgage inched higher for the second straight week.

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