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U.S. Home Prices Forecasted to Increase 5.4 Percent in 2020

U.S. Home Prices Forecasted to Increase 5.4 Percent in 2020

According to CoreLogic's latest Home Price Index for October 2019, U.S. home prices rose both year over year and month over month. Home prices increased nationally by 3.5% from October 2018. On a month-over-month basis, prices increased by 0.5% in October 2019. Read More »


Restaurant Occupied Retail Properties Being Reshaped by 8 New Industry Trends

Restaurant Occupied Retail Properties Being Reshaped by 8 New Industry Trends

U.S. restaurant industry and the retail real estate it occupies are being reshaped by fundamental industry shifts including the rapid growth of third-party, meal-delivery services, increasing adoption of in-store automation, and the ongoing proliferation of fast-casual concepts. Read More »

U.S. Mortgage Rates Dip in Late November

U.S. Mortgage Rates Dip in Late November

The housing market continues to steadily gain momentum with rising homebuyer demand and increased construction due to the strong job market, ebullient market sentiment and low mortgage rates Read More »

U.S. Home Sales Uptick in October, Says NAR

U.S. Home Sales Uptick in October, Says NAR

According to the National Association of Realtors, existing-home sales rose in October 2019. The four major U.S. regions were split last month, with the Midwest and the South seeing growth, and the Northeast and the West both reporting a drop in sales. 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 December 3, 2019 7:55 AM ET

Denver Property News

According to Redfin, U.S. home-sale prices increased 5.4% year over year in October to a median of $313,200. The increase was the largest since July 2018, although current strength may be overstated given the weakening housing market a year ago.

According to Redfin, new-home sales prices in the U.S. dropped 1.5 percent year over year to a median of $370,300 in the third quarter. This marks the biggest decline since at least 2012 and the third consecutive quarter of declines.

The delinquency rate for mortgage loans on one-to-four unit residential properties decreased to a seasonally adjusted rate of 3.97 percent of all loans outstanding at the end of the third quarter of 2019.

According to a new report from Redfin, the typical American homeowner has spent 13 years in their home, up from eight years in 2010.

The average sale price for luxury homes in the U.S. rose 0.3 percent year over year to $1.6 million in the third quarter of 2019. It marks the first time luxury prices did not drop after three straight quarters of decline.

According to Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage in the U.S. averaged 3.78 percent in late October 2019. Purchase activity continues to show strength, indicating obvious homebuyer demand.

According to ATTOM Data Solutions' Q4 2019 Vacant Property and Zombie Foreclosure Report, over 1.5 million (1,527,142) U.S. single family homes and condos, representing 1.5 percent of all homes, were vacant in the fourth quarter of 2019.

According to Zillow latest Real Estate Market Report for September 2019, the gains from a modest buildup of inventory earlier this year were more than erased during the 2019 home shopping season.

According to real estate data provider Yardi Matrix, regionally across the U.S., the areas of growth were relatively distinct. Urban areas in the Pacific Northwest grew by nearly 32%, adding a total 112 properties and 19.8 million square feet.

According to a new report from the U.S. Housing and Urban Development and Commerce Department, due to a decline in multifamily housing starts, total housing starts fell 9.4 percent in September to a seasonally adjusted annual rate of 1.26 million units.

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.

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.

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.

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.

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.


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