Higher Rates Cause a 9% Plunge in Mortgage Applications
Weekly mortgage applications dropped by 9.2% from the previous week, reported the Mortgage Bankers Association. The drop comes against a backdrop of mortgage rates, which […]
Airbnb Faces Tougher Restrictions in San Francisco
Airbnb is facing two setbacks to its business in its hometown of San Francisco, reported the Verge. On one hand, the city’s Board of Supervisors […]
Higher Vacancies & Rising Rates Driving Commercial Real Estate Defaults
A perfect storm of rising borrowing costs, higher vacancies and slower sales is resulting in greater default rates in the $11 trillion commercial real estate […]
UPDATE: Average 30-Year Fixed Mortgage Hits 4%
CNBC is reporting that the rate on an average 30-fixed mortgage has hit 4% today against a backdrop of heavy selling in the U.S. bond […]
Student Debt, Late Marriage & Lack of Affordable Homes, Driving Rental Mkt.
While home ownership has reached 63.5% at the end of Q3 2016, the highest level in nearly a decade, the majority of new household formations […]
Home Prices vs. Stock Prices Over the Past 5-Years
National realtor firm Redfin and investment advisory firm FutureAdvisor conducted a joint analysis on the performance of the stock market vs. the real estate market since the […]
Weekly Mortgage Rates Inch Higher in Early Nov. Still Lower than Last Year
Mortgage rates crept higher in early November, but are still lower than they were last year, according to the World Property Journal. The survey was […]
Seattle’s Commercial Properties Attract Attention of Foreign Investors
Seattle’s relative low prices compared to other West Coast cities in the U.S. and Canada is attracting greater attention and dollars from foreign investors, especially Asian […]
Strong Demand for Logistics Space Drives Up Profits and Competition
Growing demand for logistics space (warehouses and storage units) is increasing competition in the sector and driving up rents and profits for owners, according to an […]
New Technology Helps Map & Track Foot Traffic in Real Estate Spaces
A new system by Toronto-based InnerSpace is helping commercial real estate owners and professionals better map and track usage of their physical spaces. By using […]