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Housing Rents in U.S. Dip for First Time in 2 Years

Housing Rents in U.S. Dip for First Time in 2 Years

According to Yardi Matrix, as part of a seasonal respite, the national average residential rent in the U.S. decreased for the first time since February 2017, dipping by -0.1% ($1) from last month to $1,471. Read More »


Residential, Commercial Properties Close to Public Transit Enjoy Increase Values

Residential, Commercial Properties Close to Public Transit Enjoy Increase Values

According to a new report by the American Public Transportation Association and the National Association of Realtors, neighborhoods located within a half mile of public transit services outperformed those in areas farther from public transit based on a number of factors. Read More »

Single Family Rents Rise 3 Percent Annually in August

Single Family Rents Rise 3 Percent Annually in August

According to CoreLogic's latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and among 20 metropolitan areas, shows a national rent increase of 3% in August 2019. Read More »

Rising Financial Wealth Drives Increased Demand for Vacation Homes in U.S.

Rising Financial Wealth Drives Increased Demand for Vacation Homes in U.S.

According to the National Association of Realtors' newly released 2019 U.S. Vacation Home Counties Report, increased financial wealth and low mortgage rates boosted the demand for and price of vacation homes. Read More »


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Global Property Spotlight

Brand New Residences Bring Modern Luxury Living to Paradise Island Bahamas

Brand New Residences Bring Modern Luxury Living to Paradise Island Bahamas

In the heart of breathtaking Paradise Island adjacent to Nassau, Bahamas, a very rare residential opportunity will soon be available. Opportunities like this are extremely limited on this 685 acre island paradise. Read More »

Last Updated October 16, 2019 8:30 AM ET

Chicago Property News

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending October 4, 2019, mortgage applications increased 5.2 percent from one week earlier.

U.S. homeowners who decide to undergo a home improvement project, whether it be interior or exterior modifications, often find that the task was worth the investment and time.

Freddie Mac's latest Primary Mortgage Market Survey shows that the 30-year fixed-rate mortgage in the U.S. averaged 3.65 percent, a slight increase from last week. Overall mortgage demand remained very strong, rising over fifty percent from a year ago.

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending September 27, 2019, U.S. mortgage applications increased 8.1 percent from one week earlier.

The 30-year fixed-rate mortgage in the U.S. averaged 3.64 percent. September 2019 has been the most volatile month since March, in terms of the 30-year fixed-rate mortgage, averaging a weekly movement of 11 basis points.

According to global real estate consultant CBRE, there were 1,531 small U.S. property acquisitions in H1 2019, representing 36.7% of all multifamily asset purchases and revealing the scope of small asset buying.

Finishing school, joining the workforce and moving out on your own is a rite of passage for many young people. Today's young adults are taking longer to make this transition.

According to the Mortgage Bankers Association's latest Commercial/Multifamily Delinquency Report, commercial and multifamily mortgage delinquencies in the U.S. remained low in the second quarter of 2019.

According to the National Association of Realtors, U.S. existing-home sales inched up in August 2019, marking two consecutive months of growth. Three of the four major regions reported a rise in sales, while the West recorded a decline last month.

Led by a surge in multifamily production, total housing starts rose 12.3 percent in August 2019 to a seasonally adjusted annual rate of 1.36 million units from an upwardly revised reading in July 2019. This is the highest level since May 2007.

Based on the latest results of the National Association of Home Builders' Multifamily Market Survey, U.S. builder confidence for new multifamily housing improved in the second quarter of 2019.

Knight Franks' latest Prime Global Cities Index, which tracks the movement in luxury residential prices across 46 International cities, increased by 1.4% in the year to June 2019, up marginally from 1.3% in March 2019 but still significantly lower than its four-year average of 3.8%.

According to the National Association of Realtors, pending home sales in the U.S. continued to ascend in June 2019, marking two consecutive months of growth. Each of the four major regions recorded a rise in contract activity, with the West experiencing the highest surge.

U.S. mortgage applications for new home purchases increased 20.1 percent compared from a year ago. Compared to April 2019, applications increased by 0.1 percent.

Nearly 43 million Americans will start their 2019 summer season with a Memorial Day weekend getaway. Orlando top vacation destination, followed by New York City and Las Vegas

According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes fell 6.7 percent to a seasonally adjusted annual rate of 673,000 units in April 2019 after a sharp upwardly revised March 2019 report.

Total U.S. housing starts rose 5.7 percent in April 2019 to a seasonally adjusted annual rate of 1.24 million units from an upwardly revised reading in March 2019.

Global proptech and real estate listings database company Global Listings, Inc., through its public online MLS platform GlobalListings.com, has just announced this week the launch of its new CORPORATE PRIME listings service for real estate businesses worldwide.


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