Category: Business » Real Estate

Foreign Buyers And Immigration Expected To Drive Future Demand For U.S. Housing

22 May 11:14 | U.S. News

U.S. real estate markets are increasingly becoming international, and changing demographics brought forth by immigration and growing interest from foreigners are positioned to bolster home sales activity and prices, according to experts.read more »

Mortgage Rates Slide To 5-Month Low

19 May 11:02 | Business

With a flurry of news breaking in Washington, mortgage rates moved to the downside with the benchmark 30-year fixed mortgage rate falling to a five-month low of 4.15 percent, according to Bankrate.com's weekly national survey.read more »

April Home Sales Cooler Than Typical Spring Season

17 May 11:05 | Business

The brisk start to the 2017 home-selling season slowed down in April with home sales dropping 4.1% below March and 4.5% below the previous April, according to this month's RE/MAX National Housing Report. read more »

Mortgage Rates Rebound Slightly

12 May 2017 | Business

After barely moving in the past 3 weeks, mortgage rates moved slightly higher this week, with the benchmark 30-year fixed mortgage rate now 4.22 percent, according to Bankrate.com's weekly national survey. read more »

Mortgage Rates Dawdle Leading Up To Fed Announcement

5 May 2017 | Business

Mortgage rates were little changed leading up to this week's Federal Reserve announcement, with the benchmark 30-year fixed mortgage rate inching lower to 4.18 percent, according to Bankrate.com's weekly national survey. read more »

Mortgage Rates Show Slight Rebound

28 Apr 2017 | Business

After falling for three consecutive weeks, mortgage rates reversed course this week, with the benchmark 30-year fixed mortgage rate now 4.19 percent, according to Bankrate.com's weekly national survey. read more »

Existing-Home Sales Jumped 4.4% In March

24 Apr 2017 | Business

Existing-home sales took off in March to their highest pace in over 10 years, and severe supply shortages resulted in the typical home coming off the market significantly faster than in February and a year ago, according to the National Association of Realtors. read more »

Real Estate Economists Predict Moderate Growth Through 2019

21 Apr 2017 | Business

The U.S. economy and commercial real estate industry are, in general, expected to experience moderate growth through much of 2019, according to a new three-year economic forecast from the Urban Land Institute (ULI) Center for Capital Markets and Real Estate.read more »

Spring Homebuying Season Kicks Off Strongly As Prices And Sales Propel Higher

18 Apr 2017 | U.S. News

California's spring housing market posted a strong start to the year as existing home sales and median price registered healthy gains in March on both a monthly and annual basis, as did every major region in the state, the California Association of Realtors said.read more »

Immigrants' Strong Desire For Homeownership Will Shape U.S. Housing Markets

12 Apr 2017 | Business

The housing and neighborhood location choices of immigrants will have a significant impact on urban growth in the U.S. for decades to come, particularly as more foreign-born residents seek to own homes in suburban communities, according to new research from the Urban Land Institute's Terwilliger Center for Housing.read more »

Mortgage Rates Lowest Since Mid-January

7 Apr 2017 | Business

Mortgage rates fell to the lowest levels in nearly three months, with the benchmark 30-year fixed mortgage rate now 4.24 percent, according to Bankrate.com's weekly national survey. read more »

Airbnb Fans And Critics Both Correct In Home-Sharing Debate, Says Study

5 Apr 2017 | Business

Most Airbnb hosts in Manhattan make less than $10,000 a year, but hosts who rent out their homes for more than 90 days each year make $20,000 or more, generating 80 percent of the revenue, says a new study by Columbia University researchers.read more »

Fed Rate Hikes Affecting Homeowners

4 Apr 2017 | Business

Although the Fed's recent interest rate hike signals renewed confidence in our economy and job market, many homeowners and home equity line of credit (HELOC) borrowers are questioning how this increase will impact their loans. read more »

Mortgage Rates Show Little Change

31 Mar 2017 | Business

Mortgage rates were only slightly changed this week, with the benchmark 30-year fixed mortgage rate inching higher to 4.30 percent, according to Bankrate.com's weekly national survey. read more »

Home Prices Indices Set 31-Month High

29 Mar 2017 | U.S. News

The S&P Dow Jones Indices for January 2017 shows that home prices continued their rise across the country over the past 12 months. read more »

Mortgage Rates Reverse Course

24 Mar 2017 | Business

Mortgage rates slipped lower this week, with the benchmark 30-year fixed mortgage rate dropping to 4.29 percent, according to Bankrate.com's weekly national survey. read more »

Existing-Home Sales Stumble In February

23 Mar 2017 | Business

After starting the year at the fastest pace in almost a decade, existing-home sales slid in February but remained above year ago levels both nationally and in all major regions, according to the National Association of Realtors.read more »

Home Prices at New High in February Amid Record Low Inventory

20 Mar 2017 | U.S. News

February home prices reached a new high as steady demand combined with record low inventory drove prices up, according to this month's RE/MAX National Housing Report that surveys 53 metro areas.read more »

Mortgage Rates Hit Multi-Year Highs

17 Mar 2017 | Business

Mortgage rates increased for a third consecutive week, with the benchmark 30-year fixed mortgage rate rising to 4.44 percent, according to Bankrate.com's weekly national survey. read more »

Mortgage Rates Jump To Nearly 3-Year High

10 Mar 2017 | Business

Mortgage rates increased for a second week in a row, with the benchmark 30-year fixed mortgage rate rising to the highest level since April 2014 at 4.38 percent, according to Bankrate.com's weekly national survey.read more »

Mortgage Rates Rebound Following President's Speech

3 Mar 2017 | Business

Mortgage rates moved up slightly from one week ago, with the benchmark 30-year fixed mortgage rate nosing higher to 4.31 percent, according to Bankrate.com's weekly national survey. read more »

Pending Home Sales Weaken In January

28 Feb 2017 | Business

Insufficient supply levels led to a lull in contract activity in the Midwest and West, which dragged down pending home sales in January to their lowest level in a year, according to the National Association of Realtors.read more »

Mortgage Rates Slide Back

24 Feb 2017 | Business

Mortgage rates pulled back this week, with the benchmark 30-year fixed mortgage rate retreating to 4.29 percent, according to Bankrate.com's weekly national survey. read more »

Existing-Home Sales Jump In January

23 Feb 2017 | Business

Existing-home sales stepped out to a fast start in 2017, surpassing a recent cyclical high and increasing in January to the fastest pace in almost a decade, according to the National Association of Realtors. read more »

When Home Buying, Selling And Renovating, It's An Animal House, Say Realtors

14 Feb 2017 | U.S. News

When making decisions about buying, selling or renovating their homes, Americans, by and large, take their pets' needs into account, according to a new report from the National Association of Realtors. read more »

Surrounding Real Estate Shows Increase In Value If Near Transit Station

13 Feb 2017 | U.S. News

A national meta-analysis led by a UTA researcher shows that single-family property increases only about 2.3 percent when located next to a transit station.read more »

Mortgage Rates Pull Back On Political Uncertainty

10 Feb 2017 | Business

Mortgage rates shifted into reverse this week, with the benchmark 30-year fixed mortgage rate sliding to 4.27 percent, according to Bankrate.com's weekly national survey. read more »

Mortgage Rates Slightly Changed As Fed Holds Steady

3 Feb 2017 | Business

Mortgage rates were only slightly changed this week, with the benchmark 30-year fixed mortgage rate inching higher to 4.33 percent, according to Bankrate.com's weekly national survey. read more »

Mortgage Rates Return To Highest Level In More Than 2 Years

27 Jan 2017 | Business

Mortgage rates reversed course this week, unwinding the decreases seen over the previous three weeks and returning to the levels seen in late December that are the highest since September 2014. read more »

Existing-Home Sales Slide In December But 2016 Sales Best Since 2006

25 Jan 2017 | U.S. News

Existing-home sales closed out 2016 as the best year in a decade, even as sales declined in December as the result of ongoing affordability tensions and historically low supply levels, according to the National Association of Realtors.read more »

Most Expensive Home In The U.S. Lists For $250 Million

23 Jan 2017 | U.S. News

Major luxury developer Bruce Makowsky, known for curating, designing and bringing to life some of the most stunning homes in the country, has unveiled his greatest masterpiece, a brand new $250 million spec home located at 924 Bel Air Road in Los Angeles. read more »

U.S. Home Sales Finish Strong In 2016

18 Jan 2017 | Business

Capped off by a strong December, 2016 was the best year for U.S. home sales since the recession, according to the January 2017 RE/MAX National Housing Report. read more »

Mortgage Rates Slide To Start 2017

6 Jan 2017 | Business

Mortgage rates started off 2017 much differently than they finished up 2016 as mortgage rates pulled back, breaking a streak of nine consecutive weekly increases. read more »

Mortgage Rates Hit 27-Month High

23 Dec 2016 | Business

Mortgage rates climbed for the eighth consecutive week, with the benchmark 30-year fixed mortgage rate zooming to the highest level since September 2014 at 4.31 percent, according to Bankrate.com's weekly national survey. read more »

Existing-Home Sales Forge Ahead In November

22 Dec 2016 | Business

A big surge in the Northeast and a smaller gain in the South pushed existing-home sales up in November for the third consecutive month, according to the National Association of Realtors.read more »

November Home Sales Defy Seasonal Trend

19 Dec 2016 | Business

Despite the typical winter slowdown, November home sales finished 19.1% above a year ago and prices increased 1.4% over October. All but one of the 53 markets in the RE/MAX National Housing Report posted an increased number of sales over November 2015.read more »

More Than One In 10 Homeowners Underwater As Housing Market Nears Full Recovery

16 Dec 2016 | U.S. News

Even as home values approach the highest levels reached during the housing bubble, 11 percent of homeowners with a mortgage are underwater, according to the third quarter Zillow Negative Equity Report. read more »

Mortgage Rates Continue To Climb

16 Dec 2016 | Business

Mortgage rates inched higher, rising for a seventh consecutive week, with the benchmark 30-year fixed mortgage rate rising to 4.18 percent, according to Bankrate.com's weekly national survey. read more »

Mortgage Rates Continue To March Higher

9 Dec 2016 | Business

Mortgage rates nudged higher, rising for a sixth consecutive week, with the benchmark 30-year fixed mortgage rate rising to 4.15 percent, according to Bankrate.com's weekly national survey. read more »

US Home Prices Up 6.7 Percent In October

7 Dec 2016 | Business

CoreLogic's Home Price Index and HPI Forecast for October 2016 shows home prices are up both year over year and month over month.read more »

Mortgage Rates Continue to Rise

2 Dec 2016 | Business

Mortgage rates continued their upward path this week, with the benchmark 30-year fixed mortgage rate rising to 4.13 percent, according to Bankrate.com's weekly national survey. read more »

Pending Home Sales Crawl Forward In October

1 Dec 2016 | Business

Pending home sales were mostly unchanged in October, but did squeak out a meager gain for the second consecutive month, according to the National Association of Realtors. read more »

Mortgage Rates Show Biggest Weekly Increase Since June 2013

18 Nov 2016 | Business

Mortgage rates soared this week, with the benchmark 30-year fixed mortgage rate rising to 4.01 percent, according to Bankrate.com's weekly national survey. read more »

Architect Of Multi-Million Dollar Real Estate Deed Theft Scheme

14 Nov 2016 | Business

Mazen Alzoubi, a longtime Southern California real estate investor, has been sentenced to 75 months in custody for leading a scheme to steal title to homes and then “sell” the properties to unsuspecting buyers – before the buyers realized who the true owners were and before the true owners could put a stop to the sale. read more »

Millennials Most Impacted By Housing Crisis

8 Nov 2016 | U.S. News

The cost of renting an apartment or buying a home in the County of San Diego is mostly out of reach for Millennials.read more »

Mortgage Rates Inch Higher

4 Nov 2016 | Business

Mortgage rates were slightly higher this week with the benchmark 30-year fixed mortgage rate inching to 3.69 percent, according to Bankrate.com's weekly national survey. read more »

First-Time Home Buyers, Single Women Gain Traction In Market

1 Nov 2016 | Business

The quickening pace of home sales over the past year included a small rebound from two key segments of buyers who have been missing in action in recent years: first-time buyers and single women.read more »

First-Time Buyers Steer Existing-Home Sales Higher In September

21 Oct 2016 | Business

Existing-home sales rebounded strongly in September and were propelled by sales from first-time buyers reaching a 34 percent share, which is a high not seen in over four years, according to the National Association of Realtors. read more »

Gap Between Appraisals and Perceived Home Value Narrows in September

12 Oct 2016 | U.S. News

Quicken Loans says appraisals lagged behind what homeowners estimated by 1.26 percent in September, according to the company's national Home Price Perception Index (HPPI). read more »

Pending Home Sales Retreat In August

30 Sep 2016 | U.S. News

After bouncing back in July, pending home sales cooled in August for the third time in four months and to their lowest level since January, according to the National Association of Realtors. read more »

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