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Real Estate News

New Home Sales in U.S. Dive 9 Percent in October

New Home Sales in U.S. Dive 9 Percent in October

According to the U.S. Department of Housing and Urban Development, sales of newly built, single-family homes in the U.S. fell to a seasonally adjusted annual rate of 544,000 units in October 2018, after an upwardly revised September report. Read More »


Orlando is Second Most Desired Florida City for Foreign Homebuyers

Orlando is Second Most Desired Florida City for Foreign Homebuyers

Orlando held steady in 2018 as the #2 destination of choice for Florida's international homebuyers. Nine percent of all of Florida's international homebuyers opted to purchase a property in Orlando. Read More »

Median Home Prices in Florida Rise for 82 Consecutive Months

Median Home Prices in Florida Rise for 82 Consecutive Months

Florida's housing market reported more closed sales, rising median prices and more new listings in October 2018 compared to a year ago. Sales of single-family homes statewide totaled 22,272 last month, up 8.5 percent compared to October 2017. Read More »

Mortgage Applications Dip in Mid-November

Mortgage Applications Dip in Mid-November

According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending November 9, 2018, U.S. mortgage applications decreased 3.2 percent from one week earlier. Read More »


Global Property Spotlight

Golfito Marina Village & Resort - (Costa Rica)

Golfito Marina Village & Resort - (Costa Rica)

Costa Rica's Newest Luxury Superyacht Destination Now Under Construction Read More »

Last Updated December 13, 2018 8:12 AM ET

Tampa Property News

According to Freddie Mac's most recent Primary Mortgage Market Survey for November 2018, U.S. mortgage rates dropping slightly after last week's increases.

Florida's housing market had more sales, higher median prices, more pending sales and more new listings in 3Q 2018. Closed sales of single-family homes statewide totaled 72,843 in 3Q 2018.

Global real estate consultant CBRE is reporting this week a 9.3% drop in permitting activity in U.S. for multifamily units last month is a favorable sign for future market balance due to slower construction activity.

Over 57,002 homes in the Florida Gulf Coast with a reconstruction cost value (RCV) of approximately $13.4 billion are at potential risk of storm surge damage from Hurricane Michael.

According to a new report by the Florida Association of Realtors, Florida's housing market reported more sales, more new listings and higher median prices in August 2018 compared to a year ago, according to the latest housing data released by Florida Realtors.

According to the U.S. Department of Housing and Urban Development and the Commerce Department, total U.S. housing starts increased 9.2 percent in August 2018 to a seasonally adjusted annual rate of 1.28 million units.

According to the recently released CBRE U.S. Seniors Housing & Care Investor Survey, the appetite for senior housing acquisitions in the U.S. remains strong, with nearly two-thirds of investors planning to increase the size of their portfolios over the next 12 months.

According to Freddie Mac latest Primary Mortgage Market Survey for the first week of September 2018, U.S. mortgage rates jumped over the past week to a level not seen in over a month.

More than 1.5 million (1,527,433) loans secured by residential property were originated in Q2 2018, down 16 percent from the previous quarter.

According to new U.S. housing market research by Zillow, the combination of rising home prices and interest rates creates a doubly challenging environment for would-be home buyers, making monthly mortgage payments on even modestly priced homes more of a financial burden.

Layers of excessive regulation translate into higher rents, reduced affordability for consumers and on average, account for almost one-third of a multifamily project's development and building costs.

Sales of newly built, single-family homes inched down 1.7 percent in July to a seasonally adjusted annual rate of 627,000 units after an upwardly revised June report. On a year-to-date basis, sales are up 7.2 percent from this time last year.

According to CBRE's latest U.S. Data Center Trends Report, demand from large cloud users has set the U.S. data center market on pace to break 2017's record leasing activity.

South Florida luxury property developer BH3 is now benefitting from one of the US housing market's most significant real estate trends in 2018 -- wealthy tax reform refugees from the northeast seeking residences in Florida's luxury home market.

According to Florida Realtors, the second-quarter of 2018 saw increased sales, higher median prices and more new listings across a number of Florida's housing markets.

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.

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

According to Florida Realtors, in April 2018, Florida's housing sector reported more closed sales, higher median prices and more new listings from owners ready to enter the market.


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