The National Association of Home Builders is reporting this week that U.S. home builder confidence in the market for newly-built single-family homes fell three points to a level of 64 in September 2017 from a downwardly revised August 2017 reading of 67 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
"The recent hurricanes have intensified our members' concerns about the availability of labo
Q & A with Real Estate Technology Veteran Michael Gerrity
Michael Gerrity has been at the forefront of real estate for more than 30 years. First, the Orlando native had a stellar real estate brokerage career, selling and leasing nearly $300 million worth of commercial office transactions during his 17-plus years in the business. In the last 15 years, Gerrity, now splitting time between his Miami, Fla, Irvine
According to the Miami Association of Realtors, Miami's existing condominium sales increased for the second time in three months and $1-million-and-up luxury transactions surged for all properties in July 2017.
Sales for existing Miami luxury condos, which are competing with a robust new construction market, surged 51.1 percent and luxury single-family home sales jumped 9.6 percent. Sales for $1-million-and-up homes have now
According to CBRE, suburban U.S. office markets that provide an urban-like live-work-play environment are well positioned to capture strong demand from office users.
Among the most common attributes of so-called "urban-suburban" submarkets are the presence of abundant retail, office and housing options, as well as employment opportunities, based on a survey of CBRE Research professionals in the 25 largest s
According to the latest quarterly report by the National Association of Realtors, the headstrong supply and demand imbalances in much of the United States slightly tempered the pace of sales and caused home prices to maintain their robust growth in the second quarter of 2017.
The national median existing single-family home price in the second quarter was $255,600, which is up 6.2 percent from the second quarter of 2016 ($240,700) and
According to realtor.com's latest Housing Shortage Study, the U.S. real estate market is currently experiencing the worst inventory deficiency in 20 years, and for two primary reasons - boomers' reluctance to sell and homes fitting current family needs.
The findings are part of an online survey of 1,054 randomly selected homeowners across the U.S. conducted on behalf of realtor.c
It's turning out that 2017 is becoming a very good year for Spain's property market, as JLL is now forecasting this year will be the eighth consecutive year of foreign buyer property growth.
Overseas buyers invested €888 million ($1.04b USD) on Spanish properties in the first half of 2017, smashing last year's record of €330 million ($353m USD) for the same period with total investment fo
According to JLL, Asia hotel investors during the first half of 2017 remained focused on gateway cities such as Hong Kong, Singapore, Sydney and Melbourne, as they offer positive tourism and trading fundamentals while the long-term demand and supply is in balance. Investors also continue to seek opportunistic investments in key emerging tourism markets such as Vietnam.
Asia Pacific hotel investment volumes in the fi
According to the June 2017 Zillow Real Estate Market Report, the typical U.S. home is worth over $200,000 for the first time ever. The national median home value is now $200,400, up about 7 and a half percent since this time last year.
High buyer demand coupled with fewer homes for sale is driving up home values across the country -- there are 11 percent fewer homes on the market than a year ago,
New government should revise existing cooling measures
According to JLL's latest white paper - Up, Up and Away: The Rise and Rise of Hong Kong's Residential Market, JLL expects Hong Kong's housing prices to grow 15% in the coming 30 months given strong demand from owner-occupiers and about half of all households still with the financial strength to participate
The Greater Las Vegas Association of Realtors (GLVAR) reported this week that despite a shrinking housing supply, local home prices and sales continued to rise in May 2017.
GLVAR reported that the median price of existing single-family homes sold during May through its Multiple Listing Service (MLS) increased to $250,000. That was up 0.4 percent from April and up 9.1 percent from May 2016. Meanwhile, the median price of local con
According to the Mortgage Bankers Association's latest Commercial/Multifamily Delinquency Report, delinquency rates for commercial and multifamily mortgage loans in the U.S. were flat or decreased in the first quarter of 2017.
"Delinquency rates for commercial and multifamily mortgages remained at or near record lows for most capital sources during the first quarter," said Jamie Woodwell, MBA's Vice President of C
According to CoreLogic's Q1 2017 home equity analysis, U.S. homeowners with mortgages (roughly 63 percent of all homeowners) have seen their equity increase by a total of $766.4 billion since Q1 2016, an increase of 11.2 percent. Additionally, the average homeowner gained about $13,400 in equity between Q1 2016 and Q1 2017.
In Q1 2017, the total number of mortgaged residential properties with negative equity decreased 3 p
Joint-ventures in land bidding is expected to increase in Hong Kong
According to JLL's latest Hong Kong Residential Sales Market Report, the Hong Kong Monetary Authority's (HKMA) two-way squeeze to control an overheating property market is unlikely to have any material effect on still-upbeat sentiment for residential properties in Hong Kong.
Miami still receives dominant share of foreign residential buyers each year
According to the newly released 2017 Q2 Zillow Home Price Expectations Survey, international buyers of residential real estate in the U.S. don't have a significant impact on the overall housing market. They are far more influential at the top end of the market.
The recent Belt & Road (B&R) Forum for International Cooperation held in Beijing was attended by numerous international leaders and organizations and discussed topics including currency swaps, policy, infrastructure and trade, with the objective of strengthening connectivity between China and related countries.
What does the B&R Initiative mean for the Chinese economy?
This week the South Korean National Election Commission announced that Democratic Party candidate Moon Jae-in had been elected as the new President.
Moon succeeds former President Park Geun-hye who was removed from office by the country's top court in March over a wide-ranging corruption scandal and subsequently indicted on a range of charges including bribery and extortion.
According to STR, the hotel industry in Dubai, recorded strong occupancy levels during the first quarter of 2017 despite continued and significant supply growth.
Based on preliminary data, Dubai recorded an occupancy level of 86.3%, which was a 2.7% uplift compared with Q1 2016. Average daily rate (ADR) was down 6.4% over the same time period to an actual level of AED795.00. As a result, revenue per available room (RevPAR) decreased 3.9% t
Home Sales Continue to Rise, Yet Condo Sale Continue to Slide in April
According to a new report by the Miami Association of Realtors, Miami single-family home sales, median prices, traditional transactions and dollar volume increased year-over-year in April 2017.
Single-family home sales in Miami expanded 3.7 percent year-over-year in April, from 1,150 to 1,192. Single-family luxury sales (up 56.5 percent)