Category Archives: Real Estate News

Mortgage Refinances Jump 21% On Near Record Low Rates

It’s official — the Brexit bonus to U.S. homeowners is well underway. A sharp drop in mortgage interest rates is putting more money in their pockets. Total mortgage application volume surged 14 percent for the week ending July 1st from … Continue reading

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Rents Are Booming But For How Long?

The largest U.S. apartment landlords are betting that hordes of millennials streaming into cities will keep pushing rents sky-high. But an expected spike in new supply in some key markets suggests their wager might be shakier than they thought. After … Continue reading

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Blackstone Closes On 753,000-SF Market Center Buy In San Francisco

Blackstone Real Estate Partners confirmed this week that its Equity Office affiliate had finalized the acquisition of the two-building Market Center office complex in downtown San Francisco. The sale price was not disclosed. Formerly known as Chevron Towers when it … Continue reading

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Foreign Buyers Flood US Real Estate, But Buy Cheaper Homes

The appetite for U.S. real estate continues to flourish, but international buyers are shifting their sights from luxury to less-pricey properties. This may be due to overall higher home prices, along with a stronger U.S. dollar, which both cost foreign … Continue reading

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Housing Forecast: What To Expect In The Second Half Of 2016

Where have all the houses gone? That’s the question economists and, more importantly, would-be homebuyers are asking themselves. Demand is healthy and home values are rising. Owning a home remains a better deal than renting one and mortgage rates are … Continue reading

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How The Refinancing Boom Could Hit Bank’s Investors

The average U.S. home may be roughly 5,000 miles from central London, but the recent Brexit vote is having a dramatic effect on mortgages from Maine to California and the banks and investors that back them. The average contract interest … Continue reading

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The U.S. Presidential Election’s Impact On Real Estate

As 2016 ticks along, each passing day brings us closer to November which will ring in the United States’ 58th Presidential Election Day on the 8th. Several things are often affected as the election draws near, such as commerce and … Continue reading

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A Decade After The Bubble, Home-Equity Line Delinquencies Jump

When mortgage mania was at its peak in 2005, millions of homeowners tapped the equity in their homes through home equity lines of credit. It’s now time to pay the piper. HELOCs come with 10-year grace periods, so 2015 marked … Continue reading

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New Construction Spending Not Keeping Pace With Inventory Demand

“When real estate agents across the country gather to complain about the things making their lives difficult, one of the top gripes in 2016 has to be “inventory.” Where is the supply to meet buyer demand? This month, the U.S. … Continue reading

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New Construction Spending Not Keeping Pace With Inventory Demand

When real estate agents across the country gather to complain about the things making their lives difficult, one of the top gripes in 2016 has to be “inventory.” Where is the supply to meet buyer demand? This month, the U.S. … Continue reading

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