U.S. mortgage applications for new home purchases increased 12.2 percent compared to November 2016. Compared to October 2017, applications decreased by 6 percent relative to the previous month.
The U.S. housing markets with the highest pre-mover indices during the third quarter of 2017 were Colorado Springs, Colorado; Manchester-Nashua, New Hampshire; Chicago, Illinois; Washington, D.C.; and Nashville, Tennessee.
U.S. homeowners with mortgages (roughly 63 percent of all homeowners) have collectively seen their equity increase 11.8 percent year over year, representing a gain of $870.6 billion since Q3 2016.
A total of 86,242 homes in Ventura and Los Angeles counties with a combined reconstruction cost value (RCV) of $27.7 billion are at some level of risk from the Thomas, Rye and Creek Wildfires.
According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending December 1, 2017, U.S. mortgage applications increased 4.7 percent from one week earlier. The prior week's results included an adjustment for the Thanksgiving holiday.
The Greater Las Vegas Association of Realtors is reporting this week that local home prices continued to cool down heading into the holidays, though home prices and sales are still up from one year ago.
According to CoreLogic's latest U.S. Home Price Index and Forecast for October 2017, home prices nationwide are up both year over year and month over month.
According to Zillow, rising U.S. housing rents are eating up an increasingly large share of American incomes, costing the typical renter $2,000 per year.
Shopping centers of the future will become just 'centers' by reinventing themselves as mixed-use destinations and adding healthcare, educational and leisure uses.
According to Freddie Mac's latest Primary Mortgage Market Survey, the average 30-year fixed mortgage rate inched lower in the U.S> in late November 2017. The 30-year fixed mortgage rate fell two basis points to 3.9 percent in this week's survey.
pending U.S. home sales rebounded strongly in October 2017 following three straight months of diminishing activity, but still continued their recent slide of falling behind year ago levels. All major regions except for the West saw an increase in contract signings last month.
According to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 24, 2017, U.S. mortgage applications decreased 3.1 percent from one week earlier.
U.S. housing inventory constraints have fueled a sharp rise in prices and made it difficult for buyers to gain a foothold in the market. But that is expected to change next year as part of broader and continued housing market improvements.
Sales of newly built, single-family U.S. homes in October 2017 rose 6.2 percent to a seasonally adjusted annual rate of 685,000 units from a downwardly revised September 2017 reading.
The U.S. delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 4.88 percent of all loans outstanding at the end of the third quarter of 2017.
The American Automobile Association (AAA) is estimating that 50.9 million Americans will journey 50 miles or more away from home this Thanksgiving, a 3.3 percent increase over last year.
According to the National Association of Realtors, existing-home sales in the U.S. increased in October 2017 to their strongest pace since earlier this summer, but continual supply shortages led to fewer closings on an annual basis for the second straight month.
Nationwide U.S. housing starts rose 13.7 percent in October 2017 to a seasonally adjusted annual rate of 1.29 million units after a slight upward revision to the September reading.