Dallas
Real Estate News

U.S. Condo Prices Dip in June, Sales Down 31 Percent Annually from Coronavirus

U.S. Condo Prices Dip in June, Sales Down 31 Percent Annually from Coronavirus

Redfin is reporting this week that condo sale prices in the U.S. dropped 1.4% year over year to a median of $252,000 in June 2020. Read More »


Share of U.S. Mortgages in Forbearance Dips to 7.8 Percent in Mid-July

Share of U.S. Mortgages in Forbearance Dips to 7.8 Percent in Mid-July

The total number of U.S. loans now in forbearance decreased by 38 basis points from 8.18% of servicers' portfolio volume in the prior week to 7.80% as of July 12, 2020. Read More »

U.S. Mortgage Rates Fall Below 3 Percent, Breaking 50-Year Record

U.S. Mortgage Rates Fall Below 3 Percent, Breaking 50-Year Record

According to Freddie Mac's latest Primary Mortgage Market Survey for Mid-July 2020, the 30-year fixed-rate mortgage in the U.S. averaged 2.98 percent, the lowest rate in the survey's history dating back to 1971. Read More »

Early-Stage Mortgage Delinquencies Exceed Great Recession Levels in U.S.

Early-Stage Mortgage Delinquencies Exceed Great Recession Levels in U.S.

This represents a 2.5-percentage point increase in the overall delinquency rate compared to March 2020, when it was 3.6 percent. 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 August 3, 2020 8:14 AM ET

Dallas Property News

According to Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 3.03 percent in the U.S., the lowest rate in the survey's history dating back to 1971.

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending July 3, 2020, U.S. mortgage applications increased 2.2 percent from one week earlier.

According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending June 26, U.S. mortgage applications decreased 1.8 percent from one week earlier.

The level of commercial/multifamily mortgage debt outstanding rose by $61.0 billion in the first quarter of 2020.

According to the National Association of Realtors, U.S. pending home sales mounted a record comeback in May 2020, seeing encouraging contract activity after two previous months of declines brought on by the coronavirus pandemic.

The total number of U.S. loans now in forbearance decreased by 1 basis point from 8.48% of servicers' portfolio volume in the prior week to 8.47% as of June 21, 2020.

Redfin is reporting that a record 27% of home searchers looked to move to another U.S. metro area in April and May 2020.

According to Redfin, the impact of coronavirus shutdowns on homebuyer demand has been short and muted.

Single-family homes rose 16.6 percent to a seasonally adjusted annual rate of 676,000 units in May 2020 from a downwardly revised reading in April.

The total number of U.S. mortgage loans now in forbearance decreased - for the first time since the survey's inception in March 2020.

According to the National Association of Realtors, existing-home in the U.S. sales fell in May 2020, marking a three-month decline in sales as a result of the coronavirus outbreak.

Based on Zillow's latest May 2020 Real Estate Market Report, U.S. home values may decline in the second half of the year.

Commercial and multifamily mortgage delinquencies in the U.S. remained low at the end of the first quarter of 2020.

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending June 12, 2020, U.S. mortgage applications increased 8.0 percent from one week earlier.

Skyrocketing unemployment has prompted millions of adults to move back in with their parents.

U.S. homeowners with mortgages have seen their equity increase by 6.5% year over year, representing a gain of $590 billion since Q1 2019.

This week NAIOP, the Commercial Real Estate Development Association, released its best practices for the safe return to the workplace in the wake of the COVID-19 nationwide shutdown.

According to the Mortgage Bankers Association, U.S. mortgage credit availability decreased nationwide in May 2020, based on data from their latest Mortgage Credit Availability Index (MCAI).


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