Dallas
Real Estate News

U.S. Mortgage Credit Increased in June

U.S. Mortgage Credit Increased in June

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. Read More »


U.S. Buyers Continue to Search for Homes Despite Rising Mortgage Rates

U.S. Buyers Continue to Search for Homes Despite Rising Mortgage Rates

According to U.S. brokerage firm Redfin, few homebuyers are halting their searches in the wake of rising mortgage rates. Read More »

As Mid-term Elections Approach, U.S. Economy Builds Steam

As Mid-term Elections Approach, U.S. Economy Builds Steam

Based on Transwestern's latest edition of THE BRIEFING, the U.S. economy has continued to thrive throughout the second quarter of 2018, a theme that will continue to play heavily during midterm elections. Read More »

41.5 Million Americans to Travel Memorial Day Weekend

41.5 Million Americans to Travel Memorial Day Weekend

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. Read More »


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Global Property Spotlight

The Landings - (St. Lucia, West Indies)

The Landings - (St. Lucia, West Indies)

While investors in Sunbelt real estate have watched their property values slip and slide over the past year, those who discovered the tiny island of St. Lucia have smiles on their faces. Read More »

Last Updated July 11, 2018 8:00 AM ET

Dallas Property News

According to the U.S. Department of Housing and Urban Development and the Commerce Department, total U.S. housing production fell 3.7 percent in April 2018 to a seasonally adjusted annual rate of 1.29 million units.

A strong rising demand for U.S. net-lease real estate led to $57.8 billion in investment volume in 2017 -- the second-highest annual total since CBRE began tracking 2002.

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.

Investment in the U.S. data center sector reached record levels in 2017. Total investment in 2017 totaled more than $20 billion (inclusive of all single asset, portfolio and entity-level/M&A transactions), surpassing the volume for the three previous years combined.

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.

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending February 16, 2018, mortgage applications in the U.S. decreased 6.6 percent from one week earlier.

The U.S. office market's nationwide December 2017 vacancy rate of 11.5 percent was the lowest reported in 10 years.

According to CBRE's 2018 U.S. Real Estate Market Outlook, despite record-setting wholesale absorption levels for three consecutive years, ever-increasing data consumption and the rapid evolution of technology will fuel strong demand for data center space in 2018.

U.S. builder confidence in the single-family 55+ housing market remained strong in the fourth quarter of 2017 with a reading of 71, up 12 points from the previous quarter. This is the highest reading since the inception of the index in 2008.

The National Association of Home Builders reported this past week their NAHB Remodeling Market Index posted a reading of 60 in the fourth quarter of 2017, up three points from the previous quarter and only the second time since 2001 the reading has reached 60.

According to data from CBRE, vacant office space in the U.S. increased slightly by 10 basis points (bps) during the fourth quarter of 2017 (Q4 2017) to 13 percent. For the year, vacancy inched up 10 bps, marking the first year-over-year increase in vacancy since 2010.

According to Zillow, the total value of all homes in the United States in early January 2018 is now $31.8 trillion after gaining $2 trillion in 2017. The cumulative value of the U.S. housing market grew at its fastest annual pace.

After growing at a relatively slow pace for much of the 2017, rental prices have started to tick back up again, driven mainly by an increase in single-family rental prices.

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.

Third quarter 2017 commercial and multifamily mortgage loan originations were 21 percent higher than during the same period last year and 8 percent higher than the second quarter of 2017.


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