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Mortgage Applications in U.S. Dip in Late November

Mortgage Applications in U.S. Dip in Late November

According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending November 29, 2019, mortgage applications decreased 9.2 percent from one week earlier. This week's results include an adjustment for the Thanksgiving holiday. Read More »


Black Friday, Weekend Shopper Traffic Better Than Last Year in Many U.S. Malls

Black Friday, Weekend Shopper Traffic Better Than Last Year in Many U.S. Malls

According to a new survey by CBRE of personnel at 14 of the major U.S. malls and large-format retail centers that CBRE manages found the following regarding results from this Thanksgiving weekend's holiday shopping season: Read More »

U.S. Home Prices Forecasted to Increase 5.4 Percent in 2020

U.S. Home Prices Forecasted to Increase 5.4 Percent in 2020

According to CoreLogic's latest Home Price Index for October 2019, U.S. home prices rose both year over year and month over month. Home prices increased nationally by 3.5% from October 2018. On a month-over-month basis, prices increased by 0.5% in October 2019. Read More »

Coming Silver Tsunami to Create a Boom of Available Homes in U.S.

Coming Silver Tsunami to Create a Boom of Available Homes in U.S.

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. Read More »


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Global Property Spotlight

Grand Tetons Wonderland - (Driggs, Idaho)

Grand Tetons Wonderland - (Driggs, Idaho)

Huntsman Springs is golf and club community developed by Jon Huntsman, Sr. A place of serenity and beauty in the hitherto undeveloped Teton Valley of Western Idaho. Read More »

Last Updated December 5, 2019 8:06 AM ET

Washington D.C. Property News

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?

According to a new report from Redfin, the typical American homeowner has spent 13 years in their home, up from eight years in 2010.

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.

Credit Risk Transfer (CRT) program transferred approximately $2.5 billion of credit risk on $69 billion of single-family mortgages from U.S. taxpayers to the private sector in Q3 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.

According to Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage in the U.S. averaged 3.78 percent in late October 2019. Purchase activity continues to show strength, indicating obvious homebuyer demand.

According to ATTOM Data Solutions' Q4 2019 Vacant Property and Zombie Foreclosure Report, over 1.5 million (1,527,142) U.S. single family homes and condos, representing 1.5 percent of all homes, were vacant in the fourth quarter of 2019.

U.S. pending home sales grew in September 2019, marking two consecutive months of increases. The four major regions were split last month, as the Midwest and South recorded gains but the Northeast and West reported declines in month-over-month contract activity.


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