According to new research by Zillow, Baby Boomers in the U.S. are set to leave their homes at record levels in the coming years, freeing inventory in what has been an increasingly tight market since the economic recovery began.
The National Association of Realtors is reporting this week that pending home sales in the U.S. retreated in October 2019, taking a slight step back after two prior months of increases.
More than 55 million U.S. travelers are making plans to kick off the holiday season with a trip of 50 miles or more away from home.
According to a new report from CBRE, new trends are in store for retailers and shoppers this shortened holiday retail season include an earlier start to holiday promotions, new collaborations to shorten delivery windows and pare their cost.
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.
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
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.
According to new data from the U.S. Housing and Urban Development and Commerce Department, total housing starts increased 3.8 percent in October 2019 to a seasonally adjusted annual rate of 1.31 million units.
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.
A year has passed since Amazon announced they had chosen its new HQ2 cities, and one burning question remains: Has the news had any noticeable effect on the Washington, D.C. housing market?
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.
Builder confidence in the single-family 55+ housing market rose one point in the third quarter of 2019, returning to its record-high reading of 72. This is the highest reading since the inception of the index in 2008.
According to CoreLogic's latest Home Price Index for September 2019, U.S. home prices rose both year over year and month over month. Home prices increased nationally by 3.5% from September 2018. On a month-over-month basis, prices increased by 0.4% in September 2019.
According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending October 25, 2019, mortgage applications increased 0.6 percent from one week earlier.