Columbus
Real Estate News

U.S. Pending Home Sales Slide 22 Percent in April

U.S. Pending Home Sales Slide 22 Percent in April

The National Association of Realtors is reporting this week U.S. pending home sales decreased in April 2020, making two straight months of declines caused by the Coronavirus outbreak. Every major region experienced a drop in month-over-month contract activity. Read More »


Residential Construction in U.S. Sees Broad Declines in April

Residential Construction in U.S. Sees Broad Declines in April

In a sign of the growing economic toll from the coronavirus pandemic, total housing starts decreased 30.2 percent in April 2020 to a seasonally adjusted annual rate of 891,000 units. Read More »

Over 14 Million Residential Properties in U.S. are Equity-Rich in Q1

Over 14 Million Residential Properties in U.S. are Equity-Rich in Q1

The combined estimated amount of loans secured by those properties was 50 percent or less of their estimated market value. 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

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 May 29, 2020 8:00 AM ET

Columbus Property News

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.

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.

U.S. commercial and multifamily mortgage bankers closed a record $530.1 billion of loans in 2017.

According to Zillow, U.S. home values have been appreciating more per working hour than local minimum wage pays in about half of the nation's 50 largest cities.

Median home prices in U.S. zip codes in the highest 20 percent for environmental hazard risk appreciated at a faster pace than the overall U.S housing market over the past year.

U.S. builder confidence in the single-family 55+ housing market remained strong in the fourth quarter of 2017 with a reading of 71, up 12 points from the previous quarter. This is the highest reading since the inception of the index in 2008.

Nearly 1.4 million (1,367,793) U.S. residential properties (1 to 4 units) were vacant as of the end of the third quarter of 2017 -- representing 1.58 percent of all U.S. residential properties.

According to new consumer spending analysis from the National Association of Home Builders, newly minted homeowners are helping drive a healthy U.S. economy. In their first year of ownership.

According to Freddie Mac's latest Primary Mortgage Market Survey, the average 30-year fixed mortgage rate in the U.S. dropped to a new 2017 low in late June.

According to Zillow, first-time homebuyers in the U.S. will have better luck in the Southeast if they are looking for a more affordable home.

U.S. homebuilder confidence dipped three points in April 2017 to a level of 68 on the National Association of Home Builders/Wells Fargo Housing Market Index,

Excessive regulations, rising mortgage interest rates and ongoing home price appreciation pushed housing affordability in the fourth quarter of 2016 to its lowest point since the third quarter of 2008.

U.S. commercial real estate executives are especially bullish on industrial, infrastructure and multi-family asset classes in 2017.

More than 103 million Americans--the most on record--are expected to travel for the year-end holidays. This represents a 1.5 percent increase.

The National Association of Home Builders is reporting this week that U.S. builder confidence in the market for newly built single-family homes held steady in November 2016.

The Baird/STR Hotel Stock Index decreased 0.8% in October 2016 to close the month at 3,108. Year to date, the index remains up 0.4%. Hotel stocks outperformed in October amid low investor expectations and rising interest rates.

Nearly 1.4 million (1,361,188) U.S. residential properties (1 to 4 units) representing 1.6 percent of all residential properties were vacant as of the end of Q3 2016..

STR is reporting this week that their Baird/STR Hotel Stock Index increased 0.9% in August to close the month at 3,349. Year to date, the index is up 8.2%. The Hotel Brand sub-index reported a 1.5% increase to 4,366 in August.


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