Los Angeles
Real Estate News

U.S. Architectural Billings Moderate in September

U.S. Architectural Billings Moderate in September

According to a new report from the American Institute of Architects, a slight improvement in business conditions has led to fewer architecture firms reporting declining billings. Read More »


California Population Exit May Contribute 51,000 New Democratic Votes for Arizona Swing State

California Population Exit May Contribute 51,000 New Democratic Votes for Arizona Swing State

While wealthy retirees moving to Florida and North Carolina contributing to increased Republicans in those swing states Read More »

Mortgage Applications Decrease in U.S. in Mid October

Mortgage Applications Decrease in U.S. in Mid October

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. Read More »

Single-Family Rents Uptick in August, Despite COVID Outbreak

Single-Family Rents Uptick in August, Despite COVID Outbreak

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. Read More »


Click here to search for Property Listings in Los Angeles.

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 October 26, 2020 9:00 AM ET

Los Angeles Property News

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.

The total number of loans now in forbearance decreased by 6 basis points from 6.87% of servicers' portfolio volume in the prior week to 6.81% as of September 27, 2020.

Los Angeles metro area tops the list of metropolitan areas with the greatest single-family residences at wildfire risk, followed Riverside and San Diego metro areas.

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.

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.

CoreLogic's latest Single-Family Rent Index (SFRI) for July 2020 shows a national residential rent increase of 1.7% year over year, down from a 2.9% year-over-year increase in July 2019.

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.

Forsyth County, Georgia, ranks as the top "Work from Home" county in the United States. Two Colorado counties - Douglas and Broomfield - appear in the top 10 at second and ninth, respectively.

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).

Net-lease investment in the U.S. fell significantly in Q2 2020, but comprised the highest share of total volume on record amid a sharp decline in commercial real estate investment activity.

California's housing market continued to recover as home sales climbed to their highest level in more than two and a half years in July 2020, while setting another record-high median home price.

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.

The Mortgage Bankers Association's latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance remained unchanged relative to the prior week at 7.20% as of August 23, 2020.


Page
×
WORLD PROPERTY JOURNAL
 
Free Weekly Newsletter
 

Sign up now to receive the latest local & global real estate news in your inbox.

GO