Memphis
Real Estate News

U.S. Foreclosures Down to Lowest Levels Since 2008

U.S. Foreclosures Down to Lowest Levels Since 2008

A total of 161,875 U.S. properties with a foreclosure filing during the first quarter of 2019, down 23 percent from the previous quarter and down 15 percent from a year ago to the lowest level since Q1 2008. Read More »


Multifamily Demand Rising From Rising Age of First Marriages in U.S.

Multifamily Demand Rising From Rising Age of First Marriages in U.S.

According to new research from CBRE, the average age of U.S. adults at their first marriages has risen to historical highs. Read More »

U.S. Home Sales Roar Back in February, Up 11.8 Percent

U.S. Home Sales Roar Back in February, Up 11.8 Percent

According to the National Association of Realtors, existing-home sales in the U.S. rebounded strongly in February 2019, experiencing the largest month-over-month gain since December 2015. Read More »

Builder Confidence in U.S. Holds Steady in March

Builder Confidence in U.S. Holds Steady in March

According to the latest National Association of Home Builders/Wells Fargo Housing Market Index, U.S. builder confidence in the market for newly-built single-family homes held steady at 62 in March 2019. Read More »


Click here to search for Property Listings in Memphis.

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 April 11, 2019 9:00 AM ET

Memphis Property News

Sales of new homes in all four major U.S. regions significantly declined in the last two months of 2018. The year-over-year trend was especially drastic in the Northeast, where new-home sales fell by 16.1 percent in December.

According to the U.S. Department of Housing and Urban Development, sales of newly built, single-family homes in the U.S. fell to a seasonally adjusted annual rate of 544,000 units in October 2018, after an upwardly revised September report.

According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending November 9, 2018, U.S. mortgage applications decreased 3.2 percent from one week earlier.

According to Freddie Mac's most recent Primary Mortgage Market Survey for November 2018, U.S. mortgage rates dropping slightly after last week's increases.

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.

According to Freddie Mac latest Primary Mortgage Market Survey for the first week of September 2018, U.S. mortgage rates jumped over the past week to a level not seen in over a month.

More than 1.5 million (1,527,433) loans secured by residential property were originated in Q2 2018, down 16 percent from the previous quarter.

According to new U.S. housing market research by Zillow, the combination of rising home prices and interest rates creates a doubly challenging environment for would-be home buyers, making monthly mortgage payments on even modestly priced homes more of a financial burden.

Sales of newly built, single-family homes inched down 1.7 percent in July to a seasonally adjusted annual rate of 627,000 units after an upwardly revised June report. On a year-to-date basis, sales are up 7.2 percent from this time last year.

According to CBRE's latest U.S. Data Center Trends Report, demand from large cloud users has set the U.S. data center market on pace to break 2017's record leasing activity.

According to a new report from the Mortgage Bankers Association, U.S. mortgage credit availability increased in June 2018. A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of loosening credit.

According to U.S. brokerage firm Redfin, few homebuyers are halting their searches in the wake of rising mortgage rates.

According to AAA, more than 41.5 million Americans will travel this 2018 Memorial Day weekend, nearly 5 percent more than last year and the most in more than a dozen years.

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.

The National Association of Home Builders reported this past week their NAHB Remodeling Market Index posted a reading of 60 in the fourth quarter of 2017, up three points from the previous quarter and only the second time since 2001 the reading has reached 60.


Page
×
WORLD PROPERTY JOURNAL
 
Free News Alerts
 

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

GO