United States
Real Estate News

U.S. Home Sales Jump 9.4 Percent in September, Hit 6.5 Million Annual Rate

U.S. Home Sales Jump 9.4 Percent in September, Hit 6.5 Million Annual Rate

Each of the four major regions witnessed month-over-month and year-over-year growth, with the Northeast seeing the highest climb in both categories. Read More »


New York Continues to Lose Hundreds of Millions in Tax Revenue from Historic Decline in Real Estate Sales

New York Continues to Lose Hundreds of Millions in Tax Revenue from Historic Decline in Real Estate Sales

Property broker confidence hit a new record low for the third straight quarter in 2020, highlighting deep concerns about recovery efforts. Read More »

New Home Construction in U.S. Spike 11 Percent Annually in September

New Home Construction in U.S. Spike 11 Percent Annually in September

Single-family starts showed continued growth in September as overall housing production increased 1.9 percent to a seasonally adjusted annual rate of 1.42 million units. Read More »

California Population Exit May Contribute 51,000 New Democratic Votes for Arizona Swing State

California Population Exit May Contribute 51,000 New Democratic Votes for Arizona Swing State

While wealthy retirees moving to Florida and North Carolina contributing to increased Republicans in those swing states Read More »


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Global Property Spotlight

Grand Tetons Wonderland - (Driggs, Idaho)

Grand Tetons Wonderland - (Driggs, Idaho)

Huntsman Springs is golf and club community developed by Jon Huntsman, Sr. A place of serenity and beauty in the hitherto undeveloped Teton Valley of Western Idaho. Read More »

Last Updated October 22, 2020 11:15 AM ET

United States Property News

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending October 16, 2020, U.S. Mortgage applications decreased 0.6 percent from one week earlier.

According to CoreLogic's latest Single-Family Rent Index for August, national rent increased 2.1% year over year, down from a 2.9% year-over-year increase in August 2019.

The National Association of Home Builders Q3, 2020 Remodeling Market Index posted a reading of 82. This is a signal of residential remodelers' strong confidence in their markets, and for projects of all sizes.

According to Redfin, the median sale price of U.S. homes in zip codes with a low wildfire risk has increased 101% since 2012, compared with an 88% increase for homes in high-wildfire-risk zip codes.

Over 6 million households did not make their rent or mortgage payments and 26 million individuals missed their student loan payment in September 2020.

According to CBRE, the pandemic has accelerated momentum in the U.S. life sciences industry, particularly amid the race to produce a COVID-19 vaccine and develop other medicines for human ailments.

50 percent of the business respondents say that it will be at least until June 2021 when more than 50 percent of workers return onsite. Seventeen percent say that it will be later than June 2021.

Impacts from the coronavirus pandemic have rippled out to traditional U.S. vacation destinations, which are seeing increased interest from homebuyers.

61% of buyers are looking for discounts from pre-pandemic prices and only 9% of sellers willing to offer such discounts.

Insured storm surge losses are estimated to be $0.2 billion to $0.3 billion. Damage to offshore structures from $0.8 billion to $1.5 billion.

About 18% of the U.S. population identifies as Latin, yet they have accounted for more than 60% of new U.S. homeowner gains over the past decade.

Based on new research by Zillow, U.S. home price momentum continued into early October 2020, with annual median list price growth reaching double digits.

According to the Miami Association of Realtors, Broward County Florida total home sales surged in August 2020. Broward County total home sales jumped 6.7% year-over-year, from 2,895 to 3,089.

An estimated 293,685 homes across Louisiana and the U.S. Gulf Coast are at potential risk of storm surge damage from Hurricane Delta based on its projected.

Based on new data from the Mortgage Bankers Association, U.S. mortgage credit availability decreased in September 2020. Mortgage credit supply decreased in September to its lowest level since February 2014.

The only four western counties among the top 50 were in northern California and Hawaii.

Home prices nationwide increased 5.9% in August 2020, compared with August 2019, and the gain was up nearly 1% compared to the prior month, when home prices increased 5.1% year over year.

According to new research by Redfin, 22 percent of U.S. homebuyers and sellers said the upcoming presidential election is impacting their plans to buy or sell a home.


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