New York City Real Estate News
New York City
Growing E-Commerce Sales Drives Warehouse Leasing in U.S.
2020 tenant expansion outpaced last year's total after a fourth-quarter surge in demand by companies seeking additional warehouse and distribution space to improve supply-chain efficiencies.
Despite 2020 COVID Outbreak, U.S. Home Sales Enjoyed Most Activity Since 2006
Existing U.S. home sales rose in December, with total home sales in 2020 reaching their highest level since 2006. Activity in the major regions was mixed on a month-over-month basis, but each of the four areas recorded double-digit year-over-year growth in December.
Austin Predicted to be Hottest U.S. Housing Market of 2021
Zillow research is predicting that Austin, Texas will be America's hottest housing market in 2021, leading a list of mostly Sun Belt cities expected to continue heating up faster than the nation's large coastal markets.
U.S. Mortgage Loans in Forbearance Dips to 5.37 Percent in January
The Mortgage Bankers Association's latest Forbearance and Call Volume Survey revealed this week that the total number of loans now in forbearance decreased from 5.46% of servicers' portfolio volume in the prior week to 5.37% as of January 10, 2021.
