United States
Real Estate News

California Home Sales Uptick in March, Median Prices Reach 8-Month High

California Home Sales Uptick in March, Median Prices Reach 8-Month High

California's housing market continued its momentum as seasonally adjusted, existing home sales rose both month to month and year to year in March 2018. Read More »


U.S. Remodeling Index Dips in Early 2018

U.S. Remodeling Index Dips in Early 2018

The National Association of Home Builders' Remodeling Market Index posted a reading of 57 in the first quarter of 2018, down three points from the previous quarter and back to the same level as the third quarter of 2017. Read More »

Orlando Home Prices Continue to Rises in March, Up 6 Percent Annually

Orlando Home Prices Continue to Rises in March, Up 6 Percent Annually

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. Read More »

Homes in U.S. Sold Faster than Ever in 2017, Says Zillow

Homes in U.S. Sold Faster than Ever in 2017, Says Zillow

According to data from Zillow, home shoppers should be prepared to move quickly when they find a home they want, as homes sold at their fastest pace on record in 2017. Read More »


Click here to search for International Property Listings in United States.

Global Property Spotlight

Harbor Place at Safety Harbor, The Jewel of Tampa Bay

Harbor Place at Safety Harbor, The Jewel of Tampa Bay

The town of Safety Harbor is a secret little hideaway known as the Jewel of Tampa Bay. Safety Harbor is neighbored by the major city of Clearwater, Florida. Read More »

Last Updated April 23, 2018 8:06 AM ET

United States Property News

A national rent increase of 2.8 percent in January 2018, compared to 2.6 percent in January 2017. Low rental home inventory fuels the growth of single-family rent prices.

According to new research from the Up for Growth National Coalition, ECONorthwest, and Holland Government Affairs, from 2000 to 2015, the U.S. fell 7.3 million units short of meeting housing demand.

Independent mortgage banks and mortgage subsidiaries of chartered banks in the U.S. made an average profit of $711 on each loan they originated in 2017, down from $1,346 per loan in 2016.

According the National Association of Home Builders, U.S. builder confidence in the market for newly built single-family homes edged down one point to a level of 69 in April 2018 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

U.S. commercial and multifamily mortgage bankers closed a record $530.1 billion of loans in 2017.

Mortgage applications for new home purchases in the U.S. decreased 2.6 percent compared to March 2017. Compared to February 2018, applications increased by 14 percent.

Over 64 million Americans live in multigenerational households, which is based on a report by the Pew Research Center, Washington, D.C.

Leasing activity totaled 6.39 million sq. ft. in Q1 2018, 6% below its five-year quarterly average. The availability rate was 11.8%, up 30 basis points (bps) from Q4 2017, and 20 bps from a year ago.

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.

According to CBRE, momentum for additional construction of U.S. warehouses is not likely to wane, because the vast majority of the country's warehouse stock is decades old and ill-suited for the demands of e-commerce.

Local home prices rose again in March 2018 while the local housing supply stayed tight. Median price for existing single-family homes sold in Southern Nevada during March was $280,000.

Health systems and hospitals can generate significant cost savings, secure capital to invest in technology and care delivery,

According to Freddie Mac's latest Primary Mortgage Market Survey, the average U.S. mortgage rate dropped for the second consecutive week in April 2018.

ATTOM Data Solutions released this week its 2017 property tax analysis for more than 86 million U.S. single family homes, which shows that property taxes levied on single family homes in 2017 totaled $293.4 billion

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending March 30, 2018, U.S. mortgage applications decreased 3.3 percent from one week earlier.

Based on new construction employment analysis from the National Association of Home Builders, over 9.8 million people worked in the U.S. construction industry in 2016, and more than 3.8 million of them worked in residential construction.

Median home prices in Q1 2018 were not affordable for average wage earners in 304 of 446 U.S. counties analyzed in the report (68 percent).

According to recent data from the Census Bureau, millennials are increasingly entering the housing market as first-time buyers, as the U.S. housing industry celebrates New Homes Month in April 2018.


Page
×
WORLD PROPERTY JOURNAL
 
Free News Alerts
 

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

GO