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.
Based on a new report by the Orlando Regional Realtor Association, the inventory of homes available for purchase in the Orlando area in July 2018 displayed its greatest percentage of decrease yet in 2018
U.S. homebuilder confidence in the single-family 55+ housing market continued to be in positive territory in the second quarter of 2018.The HMI index increased one point to 67.
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.
The Orlando Regional Realtor Association is reporting the inventory of homes available for purchase in the Orlando area dropped to its lowest point this year in May 2018.
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.
Orlando's median home price jumped more than 10 percent in April 2018 (when compared to April 2017), while sales likewise saw an increase of more than 8 percent. Inventory declined by nearly 11 percent compared to this time last year.
According to Metrostudy's 1Q18 survey of the housing market in the Orlando CBSA - including Lake, Orange, Osceola, and Seminole counties - 3,419 single-family housing units were started in the quarter, up 10.7% compared to 1Q17.
Orlando's median home price rose 6 percent in March 2018 when compared to March of last year while sales held steady with a slight 1 percent increase.
U.S. commercial and multifamily mortgage bankers closed a record $530.1 billion of loans in 2017.
Over 64 million Americans live in multigenerational households, which is based on a report by the Pew Research Center, Washington, D.C.
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.
Orlando's median home price rose 10 percent in February 2018 when compared to February 2017, while sales held steady with a 1 percent increase. Inventory declined by nearly 9 percent compared to this time last year.
First-time buyers in the U.S. looking for an affordable home may have the best luck in Florida.
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.