Nashville
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 »


Mortgage Applications in U.S. Uptick in Late May

Mortgage Applications in U.S. Uptick in Late May

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending May 22, 2020, U.S. mortgage applications increased 2.7 percent from one week earlier. Read More »

Coronavirus Lockdown Severely Felt by California's Housing Market

Coronavirus Lockdown Severely Felt by California's Housing Market

California home sales dropped sharply in April 2020 from both the previous month and year as the housing market began to feel the full impact of the coronavirus outbreak and the state's stay-at-home order. Read More »

Rental Home Price Growth in U.S. Slowed to 5-Year Low From Coronavirus

Rental Home Price Growth in U.S. Slowed to 5-Year Low From Coronavirus

Home rental prices slowed more than they had in at least five years when the coronavirus pandemic hit. But the for-sale market continues to heat up after a slower early April. Read More »


Click here to search for Property Listings in Nashville.

Global Property Spotlight

Golfito Marina Village & Resort - (Costa Rica)

Golfito Marina Village & Resort - (Costa Rica)

Costa Rica's Newest Luxury Superyacht Destination Now Under Construction Read More »

Last Updated May 29, 2020 8:00 AM ET

Nashville Property News

In a new COVID-19 world we now find ourselves all living in, this Memorial Day weekend has become the unofficial start of 2020's new "homecation" season.

Existing-home sales dropped in April 2020, continuing what is now a two-month skid in sales brought on by the coronavirus pandemic.

According to new data this week from The American Institute of Architects (AIA), demand for design services in April 2020 saw its steepest decline on record.

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.

U.S. builder confidence in the market for newly-built single-family homes increased seven points to 37 in May 2020. The rise follows the largest single monthly decline in the history of the index in April 2020.

Property broker Redfin is reporting between mid-March and mid-April 2020, the new supply of homes for sale over $1 million fell 29 points from the year prior.

Based on CoreLogic's latest Home Price Index (HPI) for March 2020, U.S. home prices increased nationally by 4.5% from March 2019.

U.S. builder confidence in the single-family 55+ housing market dropped 30 points to 38 in the first quarter of 2020.

The Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending April 24, 2020 is reporting a dip in U.S. mortgage applications.

According to the latest National Association of Home Builders / Wells Fargo Housing Market Index (HMI) released this week, U.S. builder confidence in the market for newly-built single-family homes plunged 42 points in April to an HIMI reading of 30 points.

According to a new report by CBRE, the COVID-19 pandemic is creating massive disruption in the food industry, which will result in increased demand for industrial cold storage space in the U.S.

The Northeast has the largest concentration of the most at-risk counties, with clusters in New Jersey and Florida, while the West and Midwest have the smallest.

Liquidity to mortgage servicers needing additional capacity to support homeowners and renters impacted by COVID-19.

There were a total of 48,004 U.S. properties with foreclosure filings, default notices, scheduled auctions or bank repossessions.

Affordable East Coast and Midwest cities have the lowest overall economic risk in the 2020 recession that began in March 2020.

Sales of newly built, single-family homes fell 4.4 percent to a seasonally adjusted annual rate of 765,000 units in February 2020, coming off a sharp upward revision in January 2020.

RENTCafe.com is reporting this week that the number of sessions decreased by approximately 25% in the week of March 11-17, 2020

According to the National Association of Realtors, U.S. existing-home sales climbed substantially in February 2020 after a slight decline in January.


Page
×
WORLD PROPERTY JOURNAL
 
Free Weekly Newsletter
 

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

GO