New York City
Real Estate News

Housing Rents in U.S. Dip for First Time in 2 Years

Housing Rents in U.S. Dip for First Time in 2 Years

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. Read More »


Residential, Commercial Properties Close to Public Transit Enjoy Increase Values

Residential, Commercial Properties Close to Public Transit Enjoy Increase Values

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. Read More »

Single Family Rents Rise 3 Percent Annually in August

Single Family Rents Rise 3 Percent Annually in August

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. Read More »

Rising Financial Wealth Drives Increased Demand for Vacation Homes in U.S.

Rising Financial Wealth Drives Increased Demand for Vacation Homes in U.S.

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. Read More »


Click here to search for Property Listings in New York City.

Global Property Spotlight

The Landings - (St. Lucia, West Indies)

The Landings - (St. Lucia, West Indies)

While investors in Sunbelt real estate have watched their property values slip and slide over the past year, those who discovered the tiny island of St. Lucia have smiles on their faces. Read More »

Last Updated October 16, 2019 8:30 AM ET

New York City Property News

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.

The 30-year fixed-rate mortgage in the U.S. averaged 3.64 percent. September 2019 has been the most volatile month since March, in terms of the 30-year fixed-rate mortgage, averaging a weekly movement of 11 basis points.

According to global real estate consultant CBRE, there were 1,531 small U.S. property acquisitions in H1 2019, representing 36.7% of all multifamily asset purchases and revealing the scope of small asset buying.

U.S. Environmental Protection Agency Administrator and Department of the Army for Civil Works are repealing a 2015 rule that impermissibly expanded the definition of "waters of the United States" (WOTUS) under the Clean Water Act.

Finishing school, joining the workforce and moving out on your own is a rite of passage for many young people. Today's young adults are taking longer to make this transition.

According to the Mortgage Bankers Association's latest Commercial/Multifamily Delinquency Report, commercial and multifamily mortgage delinquencies in the U.S. remained low in the second quarter of 2019.

According to Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 3.73 percent. This week's 30-year fixed mortgage rate increase is the largest week-to-week uptick since October 2018.

According to Zillow's August Real Estate Market Report, home value growth returned to a steady pace in August 2019 after a slowdown in the first half of the year. Quarter-over-quarter growth reached an annualized rate of 3.4%, up from 0.4% in May.

According to the National Association of Realtors, U.S. existing-home sales inched up in August 2019, marking two consecutive months of growth. Three of the four major regions reported a rise in sales, while the West recorded a decline last month.

According to a new report from CBRE, the flexible office space footprint in Manhattan has tripled to 15 million square feet over the last five years as providers' offerings have evolved, new players entered the market and new flexible space models have arisen.

According to ATTOM Data Solutions, there were 53,007 U.S. properties with foreclosure filings in August 2019, up 4 percent from July 2019 but down 24 percent from a year ago. Nationally, one in every 2,554 U.S. properties received a foreclosure filing during the month of August.

Global real estate consultant CBRE is reporting this week that rising global economic uncertainty has dampened commercial real estate capital flows both into and out of the U.S. in the first half of 2019.

80 percent of American households believe the nation is suffering a housing affordability crisis and at least 75 percent report this is a problem at the state and local level as well.

While home values have recovered since the Great Recession and, in many cases, surpassed their pre-recession peaks, single-family home construction activity has continued to languish.

U.S. net-lease investment is outpacing the broader commercial real estate market in 2019, with increasing demand from both foreign and domestic investors for office and industrial assets.


Page
×
WORLD PROPERTY JOURNAL
 
Free News Alerts
 

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

GO