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Mortgage Delinquency Rates in U.S. Lowest in Over a Decade

Mortgage Delinquency Rates in U.S. Lowest in Over a Decade

Nationally, 5 percent of U.S. mortgages were in some stage of delinquency (30 days or more past due including those in foreclosure) in September 2017. Read More »


Average Down Payment For U.S Home Purchase Reaches New High of $76,645

Average Down Payment For U.S Home Purchase Reaches New High of $76,645

The median down payment for single family homes and condos purchased with financing in the third quarter was $20,000. Read More »

 Mortgage Applications in U.S. Jump 12 Percent Annually in November

Mortgage Applications in U.S. Jump 12 Percent Annually in November

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. Read More »

Top 5 U.S. Housing Markets Buyers Most Likely to Move Revealed

Top 5 U.S. Housing Markets Buyers Most Likely to Move Revealed

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. Read More »


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Luxury 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 »


Regional Residential Real Estate News

Last Updated December 15, 2017 8:06 AM ET

North America

Nationally, 5 percent of U.S. mortgages were in some stage of delinquency (30 days or more past due including those in foreclosure) in September 2017.

The median down payment for single family homes and condos purchased with financing in the third quarter was $20,000.

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.

Last Updated January 10, 2017 8:07 AM ET

Latin America

According to InternationalLiving.com's recently released 2017 Global Retirement Index, the top retirement destination in the world this year now goes to Mexico.

According to InternationalLiving.com's 2017 Global Retirement Index, Mexico gets top marks as the best place to retire based on cost of living, retiree benefits, climate, healthcare, and more.

According to InternationalLiving.com, there has been a 160% surge in online searches for terms like "move overseas" and "expats overseas" post Trump election victory this week.

U.S. home builders just completed four days of talks with Chilean government, trade and industry officials that are geared toward increasing exports of softwood lumber and other wood products to America.

Economic growth has significantly moderated in Latin America's leading economies of Brazil, Mexico, Colombia, Peru and Chile.

In Cuba, 220 miles south of Miami, real estate is considered hotter than any other commodity on the world market today.

Last Updated December 12, 2017 8:00 AM ET

Europe

According to Ireland property portal Daft.ie, three-bed homes in Ireland near the new Luas cross-city stops saw their values increase by 15% over the last year, compared to a 6% increase in similar homes near other rail stations.

It's turning out that 2017 is becoming a very good year for Spain's property market, as JLL is now forecasting this year will be the eighth consecutive year of foreign buyer property growth.

According to the latest quarterly Rental Price Report by Ireland property website Daft.ie, residential rents in Ireland rose nationwide by an average of 13.4% in the year to March 2017.

According to the latest annual Knight Frank Wealth Report, London has beaten New York as the most important global city for ultra-high net worth individuals (UHNWIs) in 2017.

According to the latest quarterly Rental Report by Daft.ie, residential rents in Ireland rose nationwide by an average of 13.5% in the year to December 2016.

According to the latest Ireland House Price Report released by Daft.ie this week, home prices in Ireland rose by an average of 8% during 2016. The rate of inflation in Dublin was 5.1%, below the national average.

Last Updated December 11, 2017 8:27 AM ET

Asia Pacific

Hong Kong's private residential completed are forecasted to climb 52% from an average of 14,500 flats per year over the last four years.

Macau's gaming revenue recorded y-o-y growth for the 11th month in a row, driving A residential property market rebounded amid the robust primary sales, leading to strong price growth in some of the residential projects.

According to JLL's latest white paper - Up, Up and Away: The Rise and Rise of Hong Kong's Residential Market, JLL expects Hong Kong's housing prices to grow 15% in the coming 30 months given strong demand from owner-occupiers

Small-to-medium sized developers in Hong Kong are likely to lose their competitiveness in land market.

According to JLL's latest Land and Residential Market Review, Hong Kong residential prices are now as much as 75.9% higher than the market peak in 1997 after the city was handed back to China twenty years ago.

Hong Kong Monetary Authority's (HKMA) two-way squeeze to control an overheating property market is unlikely to have any material effect on still-upbeat sentiment for residential properties in Hong Kong.

Last Updated October 25, 2017 8:30 AM ET

Middle East and Africa Pacific

Oman's GDP growth is expected to rise to 5.2% next year, aided by the introduction of natural gas production at the Khazzan gas field and the opening of the new airport in Muscat.

According to the latest property report from Cluttons, as the UAE government pioneers fiscal adjustment in the region in response to declining oil prices, milestones such as Expo 2020 and the introduction of VAT will play a key role in boosting the country's property market.

According to the National Association of Realtors, existing-home sales rebounded in May following a notable decline in April, and low inventory levels helped propel the median sales price to a new high.

Weakening economic conditions, tapering off in demand for oil and gas, and an increase in real estate supply has led to increased pressure on the Bahrain real estate industry.

According to international real estate consultant Cluttons, values across Dubai's freehold residential areas slid by 8.8% in 2016, largely in line with Cluttons' original forecast for the year of -10%.

There is a change in ultra high net worth individuals (UHNWI) property investment patterns, driven by political uncertainty, cooling measures and barriers affect traditional markets.

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