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Thanksgiving Travel in U.S. to Dip 10 Percent, Largest Decrease Since 2008 Recession

Thanksgiving Travel in U.S. to Dip 10 Percent, Largest Decrease Since 2008 Recession

According to AAA Travel, Thanksgiving will be on the lighter side when it comes to the typical number of travelers on U.S. roads and airports. Read More »


Mortgage Applications Increase in Mid-November

Mortgage Applications Increase in Mid-November

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending November 20, 2020, U.S. Mortgage applications increased 3.9 percent from one week earlier. Read More »

Slowed Commercial Acquisitions in U.S. Dampens Lending Activity in Q3

Slowed Commercial Acquisitions in U.S. Dampens Lending Activity in Q3

While sluggish commercial real estate investment activity has caused loan closings to slow in Q3 2020, a rise in loan applications in recent weeks is a promising sign for higher year-end closings. Read More »

U.S. Foreclosure Filings on the Rise as COVID Remains an Economic Threat

U.S. Foreclosure Filings on the Rise as COVID Remains an Economic Threat

There were a total of 11,673 U.S. properties with foreclosure filings -- default notices, scheduled auctions or bank repossessions -- in October 2020. Read More »


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Global Property Spotlight

Cap Maison Resort - (St. Lucia, West Indies)

Cap Maison Resort - (St. Lucia, West Indies)

On the Caribbean island of St.Lucia, known worldwide for its natural beauty, Cap Maison is in a truly breathtaking location in one of St.Lucia's most desirable areas. Read More »

Last Updated November 25, 2020 9:00 AM ET

Boston Property News

U.S. home prices increased 6.7% in September 2020, compared with September 2019, marking the fastest annual acceleration since May 2014. On a month-over-month basis, home prices increased by 1.1% compared to August 2020.

National nonresidential construction spending fell 1.6% in September 2020. On a seasonally adjusted annualized basis, monthly spending totaled $794.3 billion.

A gradual recovery has begun in commercial real estate investment. Worldwide property sales grew 23% quarter-over-quarter in Q3 to US$147 billion

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending October 23, 2020, mortgage applications increased 1.7 percent from one week earlier.

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending October 16, 2020, U.S. Mortgage applications decreased 0.6 percent from one week earlier.

According to CoreLogic's latest Single-Family Rent Index for August, national rent increased 2.1% year over year, down from a 2.9% year-over-year increase in August 2019.

About 18% of the U.S. population identifies as Latin, yet they have accounted for more than 60% of new U.S. homeowner gains over the past decade.

According to new research by Redfin, 22 percent of U.S. homebuyers and sellers said the upcoming presidential election is impacting their plans to buy or sell a home.

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending October 2, 2020, U.S. mortgage applications increased 4.6 percent from one week earlier.

According to the Mortgage Bankers Association's latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report, the level of commercial/multifamily mortgage debt outstanding rose by $43.6 billion (1.2 percent) in the second quarter of 2020.

The median home prices of single-family homes and condos in the third quarter of 2020 are less affordable than historical averages in 63 percent of counties with enough data to analyze, up from 54 percent a year ago.

According to a new housing report by Redfin, median U.S. home sales prices increased 14% from 2019 to $319,978 in August 2020 -- the highest on record. The 14% year-over-year increase was the largest since August 2013.

According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes in August 2020 topped the 1 million mark and reached their highest pace since September 2006.

Fastest home sales are in swing counties, a reflection of rising interest in the suburbs as the pandemic drives homebuyers to prioritize space

According to a new report by Redfin, U.S. median home sale prices increased 13% from August 2019 to $319,178--the highest on record. This 13% year-over-year increase was the largest since October 2013.

The Mortgage Bankers Association is reporting this week that U. S. mortgage credit availability decreased in August 2020. Mortgage credit supply fell to its lowest level since March 2014, driven by a reduction in supply from both conventional and government segments of the market.

CoreLogic's latest monthly Loan Performance Insights Report for June 2020 says 7.1% of U.S. mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure).

A widespread group of mostly-impoverished, densely-packed urban neighborhoods across the U.S. offer some of the most attractive opportunities in the nation for housing developers to take advantage of federal reinvestment tax benefits.


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