Mortgage Rates Resume Drop
According to Freddie Mac’s latest Primary Mortgage Market Survey, the average U.S. mortgage rate dropped for the second consecutive week as of July 27, 2017: […]
Month: July 2017
Amazon Patents Underwater Warehouse Concept
A tightening industrial real estate market is driving e-commerce giant Amazon to consider a new approach to managing its logistics-centric business: Aquatic Storage Facilities. According […]
CBRE Reports Strong Q2 2017 Results
Global real estate company CBRE (NYSE:CBG) reported revenues of $3.34 billion in Q2 2017, a 4% increase over the $3.21 billion reported in Q2 2016. Fee revenue increased […]
Strong Demand & Tight Supply Drive U.S. Home Prices to Historical Highs
For the first time ever, the national median home price has reached $200,000, a 7.5% increase from June 2016, according to a Real Estate Market […]
Foreigners Buying US Real Estate at Record Pace
Real estate purchases by foreigners and recent immigrants jumped 49% to $153.0 billion between April 2016 and March 2017, from $103.9 billion over the same […]
Amazon Poised to Enter the Real Estate Business
Ecommerce giant Amazon, which recently announced its entry into the produce and grocery business with the acquisition of Whole Foods, appears to be branching out into […]
Mortgage Rates Move Higher
Applications for real estate mortgages increased 1.4% from the previous week, according to information supplied by the Mortgage Bankers Association. However, on an annual basis, […]