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Mortgage Applications Decrease in U.S. in Mid October

Mortgage Applications Decrease in U.S. in Mid October

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. Read More »


Single-Family Rents Uptick in August, Despite COVID Outbreak

Single-Family Rents Uptick in August, Despite COVID Outbreak

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. Read More »

U.S. Remodeling Industry Confidence Surges in Q3

U.S. Remodeling Industry Confidence Surges in Q3

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. Read More »

Recent U.S. Homeownership Gains Driven by Latin Americans

Recent U.S. Homeownership Gains Driven by Latin Americans

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. Read More »


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Global Property Spotlight

Brand New Residences Bring Modern Luxury Living to Paradise Island Bahamas

Brand New Residences Bring Modern Luxury Living to Paradise Island Bahamas

In the heart of breathtaking Paradise Island adjacent to Nassau, Bahamas, a very rare residential opportunity will soon be available. Opportunities like this are extremely limited on this 685 acre island paradise. Read More »

Last Updated October 21, 2020 8:00 AM ET

Atlanta Property News

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.

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending October 2, 2020, U.S. mortgage applications increased 4.6 percent from one week earlier.

The total number of loans now in forbearance decreased by 6 basis points from 6.87% of servicers' portfolio volume in the prior week to 6.81% as of September 27, 2020.

According to the Mortgage Bankers Association's latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report, the level of commercial/multifamily mortgage debt outstanding rose by $43.6 billion (1.2 percent) in the second quarter of 2020.

The median home prices of single-family homes and condos in the third quarter of 2020 are less affordable than historical averages in 63 percent of counties with enough data to analyze, up from 54 percent a year ago.

According to a new housing report by Redfin, median U.S. home sales prices increased 14% from 2019 to $319,978 in August 2020 -- the highest on record. The 14% year-over-year increase was the largest since August 2013.

According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes in August 2020 topped the 1 million mark and reached their highest pace since September 2006.

Fastest home sales are in swing counties, a reflection of rising interest in the suburbs as the pandemic drives homebuyers to prioritize space

According to a new report by Redfin, U.S. median home sale prices increased 13% from August 2019 to $319,178--the highest on record. This 13% year-over-year increase was the largest since October 2013.

CoreLogic's latest Single-Family Rent Index (SFRI) for July 2020 shows a national residential rent increase of 1.7% year over year, down from a 2.9% year-over-year increase in July 2019.

The total number of loans now in forbearance decreased by 4 basis points from 7.20% of servicers' portfolio volume in the prior week to 7.16% as of August 30, 2020.

The Mortgage Bankers Association is reporting this week that U. S. mortgage credit availability decreased in August 2020. Mortgage credit supply fell to its lowest level since March 2014, driven by a reduction in supply from both conventional and government segments of the market.

Forsyth County, Georgia, ranks as the top "Work from Home" county in the United States. Two Colorado counties - Douglas and Broomfield - appear in the top 10 at second and ninth, respectively.

CoreLogic's latest monthly Loan Performance Insights Report for June 2020 says 7.1% of U.S. mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure).

Net-lease investment in the U.S. fell significantly in Q2 2020, but comprised the highest share of total volume on record amid a sharp decline in commercial real estate investment activity.

A widespread group of mostly-impoverished, densely-packed urban neighborhoods across the U.S. offer some of the most attractive opportunities in the nation for housing developers to take advantage of federal reinvestment tax benefits.

Insured wind and storm surge losses for residential and commercial properties in Louisiana and Texas are estimated to be between $8 billion and $12 billion.

The North American data center sector was resilient in the first half of 2020 as many businesses implemented hybrid IT infrastructure to improve their remote work capabilities.


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