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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 »

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 »

U.S. Presidential Election Impacting 22 Percent of Homebuyers, Sellers Plans

U.S. Presidential Election Impacting 22 Percent of Homebuyers, Sellers Plans

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. Read More »


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Global Property Spotlight

Cap Maison Resort - (St. Lucia, West Indies)

Cap Maison Resort - (St. Lucia, West Indies)

On the Caribbean island of St.Lucia, known worldwide for its natural beauty, Cap Maison is in a truly breathtaking location in one of St.Lucia's most desirable areas. Read More »

Last Updated October 21, 2020 8:00 AM ET

Denver Property News

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

In a strong signal that housing is leading the economic recovery, builder confidence in the market for newly-built single-family homes increased five points to hit an all-time high of 83 in September 2020.

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 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.

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).

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.

According to a new report from Redfin, the median sale price for luxury homes in the U.S. rose 1.2% year over year to $825,000 during the three months ending July 31, 2020.

U.S. home builder confidence in the market for newly-built single-family homes increased six points in August 2020. HMI stands at highest reading in the 35-year history of the series.

Residential rents in the U.S. increased 1.4% year over year in June, down from a 2.9% year-over-year increase in June 2019.

U.S. commercial investor sentiment and transaction activity are recovering from the depths of the COVID-19 crisis.


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