On the heels of Amazon's surprise announcement to cancel its plan to build a new headquarters facility in New York's Long Island City due to Democratic political opposition, both the local real estate market and the Governor's office were stunned.
According to Knight Frank's latest Global Outlook Report, Hong Kong will retain its title as the world's most expensive office market despite rents being forecast to decrease in 2019.
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending February 8, 2019, U.S. mortgage applications decreased 3.7 percent from one week earlier.
According to the National Association of Realtors, U.S. housing inventory increased and metro market prices rose at a slower pace in the fourth quarter of 2018. The national median existing single-family home price in the quarter was $257,600, up 4.0 percent from the fourth quarter of 2017 ($247,800).
According to the Mortgage Bankers Association's newly released its year-end ranking of commercial and multifamily mortgage servicers' volumes (as of December 31, 2018); Wells Fargo leads the national rankings, again.
According to ATTOM Data Solution's Year-End 2018 U.S. Home Equity & Underwater Report, in the fourth quarter of 2018 over 14.5 million U.S. properties were equity rich -- where the combined estimated amount of loans secured by the property was 50 percent or less of the property's estimated market value.
Steady U.S. commercial real estate markets, along with equity and debt availability, are expected to keep commercial and multifamily mortgage originations roughly on par with the volumes seen the last two years.
Based on Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage in the U.S. fell to a 10-month low in early February 2019.
According to Daft.ie's latest quarterly Ireland Rental Report, while residential rents rose nationwide by an average of 9.8% in the year to December 2018.
Valentine's Day is one of the sweetest holidays of the year...both figuratively and literally It's the second-biggest candy holiday of the year, second only to Easter. And candy sales for Valentine's Day are approaching $3 billion
According to Knight Frank's London Report, London retained its title as the world's top destination for investment in commercial real estate in 2018.
According to the Mortgage Bankers Association, U.S. mortgage credit availability increased in January 2019, based on their latest Mortgage Credit Availability Index (MCAI). The MCAI rose 2.3 percent to 179.0 in January.
According to Redfin, the average sale price for U.S. luxury homes nationwide rose 4.7 percent annually to an average of $1,772,000 in the fourth quarter of 2018. That's on par with the annual growth seen in the second quarter of last year and up from a 3.2 percent growth rate in the third quarter.
According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending January 18, 2019, U.S. mortgage applications decreased 2.7 percent from one week earlier.
Despite rising global uncertainty impacting Q4 investment, 2018 was the best year since 2007 for global commercial real estate markets, with volumes hitting $733 billion.
Based on a new report by the Greater Las Vegas Association of Realtors, the median price for existing single-family homes sold in Southern Nevada during January 2019 was an even $300,000.
According to CBRE, commercial lending activity in the U.S. was strong in the final quarter of 2018, despite recent equity market volatility.
Redfin is reporting this week that St. Louis is now the most affordable U.S. metro for millennials as of the end of 2018.
U.S. home sellers realized an average home price gain since purchase of $61,000 in 2018, up from $50,000 last year and up from $39,500 two years ago in 2016 to the highest level since 2006.