According to the National Association of Realtors®’ 2017 National Housing Pulse Survey, concerns over housing affordability show clear demographic divides especially among unmarried and non-white Americans. More than five out of 10 unmarried and non-white Americans view the lack of available affordable housing as a big problem, compared to only 40 percent of married and white Americans. …
Tag Archives: real estate news USA
MIAMI Realtors : Colombians lead all global consumers searching South Florida real estate
Colombia continues to be the top foreign country searching for South Florida real estate on the MIAMI Association of REALTORS® (MIAMI) website, according to new statistics from the nation’s largest local Realtor group. Colombia registered the most South Florida property searches among all countries on MIAMI’s portal, www.MiamiRealtors.com, in May 2017. Colombia has led the …
U.S mortgage applications decrease in latest MBA weekly survey
Mortgage applications decreased 6.2 percent from one week earlier, according to data from the Mortgage Bankers Association‘s (MBA) Weekly Mortgage Applications Survey for the week ending June 23, 2017. The Market Composite Index, a measure of mortgage loan application volume, decreased 6.2 percent on a seasonally adjusted basis from one week earlier. On an unadjusted …
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Seattle, Portland and Dallas reports the highest year-over-year gains in the U.S : S&P CoreLogic Case-Shiller Indices
S&P Dow Jones Indices has released the latest results for the S&P CoreLogic Case-Shiller Indices for March 2017 shows that home prices continued their rise across the country over the last 12 months. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.8% annual gain in March, …
U.S mortgage rates drop again to 2017 low mark
Freddie Mac has released the results of its Primary Mortgage Market Survey, showing average mortgage rates hitting their lowest mark of the year. 30-year fixed-rate mortgage (FRM) averaged 3.95 percent with an average 0.5 point for the week ending May 25, 2017, down from last week when it averaged 4.02 percent. A year ago at this …
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U.S mortgage rates drop to lowest of 2017 : Freddie Mac
Freddie Mac has released the results of its Primary Mortgage Market Survey, showing average mortgage rates hitting their lowest mark of the year. 30-year fixed-rate mortgage (FRM) averaged 3.95 percent with an average 0.5 point for the week ending May 25, 2017, down from last week when it averaged 4.02 percent. A year ago at this …
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Freddie Mac : U.S mortgage rates edge down
Freddie Mac has released the results of its Primary Mortgage Market Survey, showing the 30-year fixed mortgage rate remaining around four percent for the fifth consecutive week. 30-year fixed-rate mortgage (FRM) averaged 4.02 percent with an average 0.5 point for the week ending May 18, 2017, down from last week when it averaged 4.05 percent. A year …
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U.S builder confidence continues on upward trend
In a further sign that the housing market continues to strengthen, builder confidence in the market for newly-built single-family homes rose two points in May to a level of 70 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). This is the second highest HMI reading since the downturn. “This report shows …
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U.S metro home prices rise 6.9 percent in Q1 : NAR
The strongest quarterly sales pace in exactly a decade put significant downward pressure on inventory levels and caused price growth to further accelerate during the first three months of 2017, according to the latest quarterly report by the National Association of Realtors®. Metro home prices have now accelerated for three consecutive quarters. The national median …
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Ivanhoé Cambridge and Callahan Capital Properties acquire office tower in Chicago for $145 million
Ivanhoé Cambridge and its partner Callahan Capital Properties announced that they have closed on the acquisition of 125 South Wacker Drive in downtown Chicago, for approximately US$145 million. Arthur Lloyd, President, Office, North America, Ivanhoé Cambridge said, “125 South Wacker Drive is an excellent complement to our Chicago office portfolio, composed of premier properties located …