Market & Trends
The world of real estate investing moves quickly. Catch the must-know news, market information, and trends for the industry here.
Back To: All Topics
Market & Trends
The world of real estate investing moves quickly. Catch the must-know news, market information, and trends for the industry here.
Back To: All Topics
Denver Neighborhood Serves as “Future City”
A high-tech neighborhood in Denver, Colorado, will serve as a test site for various technologies to show “what the future could hold,” according to the city’s “Smart City Project,” an endeavor partnered with Panasonic. The neighborhood, known as Peña Station Next (PSN), will have everything from smart LED street lights ...
Detroit Lights Up, Sparking Investor Attention
Detroit has flipped the switch on a plan to light up the streets at night and is now attracting the attention of investors who see bargain basement prices and a whole lot of potential. The once-bankrupt city just completed a four-year project to replace "all" the city's streetlights. 88,000 mostly ...
Foreclosures Down from December 2015
CoreLogic’s National Foreclosure Report for December 2016, released on Feb. 14, 2017, shows there were 21,000 completed foreclosures nationally which is down from 36,000 in December 2015. Seriously delinquent rate is at 2.6 percent which is the lowest level since June 2007. Approximately 335,000 homes in the U.S. were in ...
Quarter of Homes Surveyed Found at High Environmental Risk
Almost a quarter of nearly 70 million single-family homes or condos in a recent ATTOM Data Solutions survey were found to have high environmental hazard risk. ATTOM's "Environmental Hazards Housing Risk Index," released Feb. 16, 2017, showed 17.3 million residences are in ZIP codes with high or very high risk ...
UNDERWATER U.S. PROPERTIES DOWN FROM YEAR AGO
ATTOM Data Solutions’ Year-End 2016 U.S. Home Equity & Underwater Report, shows that as of the end of 2016 there were 5.4 million (5,408,323) U.S. properties seriously underwater — where the combined loan amount secured by the property was at least 25 percent higher than the property’s estimated market value ...
The long-term forecast from Ten-X’s U.S. Office Market Outlook, released on February 8, 2017, reveals the sector's fundamentals appear to be stalling after years of slow recovery, as vacancy rates have plateaued despite a healthy labor market and growing national economy. The Top Five Buy Markets forecast indicates Portland, Oregon; ...
Single-Family Home Vacancy Rates Down
Strong retention rates and fewer lease expirations helped lower the vacancy rates among single-borrower, single-family rental transactions in December 2016, and Morningstar Credit Ratings, LLC expects the vacancy rate to improve further in the coming months. The average vacancy rate among single-borrower, single-family rental transactions declined to 5.1 percent in ...
Sellers Boasting Biggest Profits Since 2007
If you sold your home in 2016, then the odds are you saw a pretty hefty profit when you checked out that cashier’s check at the closing table. According to ATTOM Data Solutions, homeowners who sold their homes last year saw an average home price gain since purchase of $38,206 ...
New York City’s Housing Trend, Frankenmansions
New York City’s richest homeowners just can’t get enough square footage but they’re willing to go to some pretty great lengths in order to try. The result of the city’s wealthiest real estate buyers’ hard work and extensive renovations conducted with an eye toward wider, more open spaces in their ...
U.S. Cities Dominate Most-Affordable Global List
A recent report from the Demographia International Housing Affordability Survey (DIHA) shows once again that everything is relative and that real estate is first and foremost, always a local issue. The DIHA 2017 measured affordability in 406 metro markets in nine countries around the world and despite nationwide concerns about ...
2016 Distressed Sale Share Drops to Nine-Year Low
ATTOM Data Solutions’ Year-End 2016 Home Sales report shows 16.2 percent of single-family home and condo sales in 2016 were distressed sales — bank-owned sales, short sales or foreclosure auctions sold to third-party buyers — down from 18.8 percent of all sales in 2015 to the lowest level since 2007, ...
Home Sales off to Slow Start in 2017
Ten-X Residential Real Estate Nowcast indicates a slight year-over-year increase in January existing home sales. According to the Nowcast, January sales will fall between seasonally adjusted annual rates of 5.32 and 5.67 million, with a targeted number of 5.49 million – the same number of homes sold in December of ...
One-to-One: Eddie Wilson Discusses China, Investing Outlook
Recently, Eddie Wilson, president of Affinity Enterprise Group (AEG), returned from a trip to China to visit AEG’s Chinese division, Affinity Investments Asia (AIA). AIA has a physical office in Shanghai with the sole designated purpose of helping Chinese investors find credible investment opportunities in the United States. The office ...
Changing Dynamics for Retail Centers
Retail properties are recently experiencing a few different trends – some, seemingly contradictory. The sector is doing well, but there are changing dynamics with retail centers that should be examined as part of any investment decision. Department Stores Have Lost Importance Big American department stores like Macy’s are being outmaneuvered ...
US Remains No. 1 Choice for Foreign Real Estate Investors
It's a yearly ritual to find out where international investors will put their money. And, the latest AFIRE survey shows that 95 percent plan to maintain or increase their investments in the United States. But investor "caution" is also rising. The survey by the Association of Foreign Investors in Real ...
We just ended a year with a huge jump in homes that fell out of contract ("failed sales") and went back on the market. It's not clear why this happened but there are several possible reasons, including problems with loans, appraisals and inspections. According to Trulia, 3.9 percent of homes ...
Is Your Online Business Profile Up to Date?
About one in every 10 brokerages have outdated or inaccurate information about the real estate business online, resulting in potentially huge losses in terms of online leads on deals and traffic. Is your business also guilty of this? According to an audit conducted by the WAV Group, a real estate ...
The ‘Fine Print’ on Rising Home Values
National home values rose by 6.8 percent over the course of 2016, according to the latest Zillow Home Value Index (ZHVI), putting December 2016 home values just below the highest value ever, set in April 2007. Zillow economists speculated home values would continue to rise in 2017, but added that ...
Report: Homeowner ‘Safety Net’ Has Rips
The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) audited its target program and found that the “Hardest Hit Fund” established under TARP is failing to act as intended. Although that fund is supposed to serve as a “safety net” for unemployed and underemployed Americans, ...
2016 Home Sales Highest in a Decade
The numbers are in. Sales of existing homes in 2016 were the highest in a decade, but inventory levels were the lowest in recorded history! What does this mean for real estate investors? Every month the National Association of Realtors releases its report on existing homes sales nationwide. But month-to-month ...
Chinese Real Estate Mogul Takes a Shot at President Trump
One of China’s most successful real estate billionaires is taking a few shots at the new U.S. president, using an end-of-year video to relay his message that “globalism and regional protectionism” simply cannot go hand in hand. Soho China chairman Pan Shiyi started out the video with some optimistic observations ...
U.S. Foreclosure Activity Drops To 10-Year Low
ATTOM Data Solutions' just-released the Year-End 2016 U.S. Foreclosure Market Report shows foreclosure filings down 14 percent from 2015 to the lowest level since 2006. Foreclosure filings, default notices, scheduled auctions and bank repossessions were reported on 933,045 U.S. properties in 2016, down 14 percent from 2015 to the lowest ...
Home Value Perception Reverses Course
A gap between appraisals and owner estimates has widened for the first time in six months, according to a report released in January 2017. Quicken Loans’ National Home Price Perception Index shows appraised values were 1.33 percent lower than homeowners estimated in December 2016. Home values fell 1.19 percent in ...
Homes in Minority Neighborhoods Twice as Likely to be Underwater
A new analysis shows different effects of negative equity on racial groups in the United States. The Zillow analysis shows 20 percent of homeowners in predominately African American communities were underwater in Q3 2016, nearly double the national rate of 10.9 percent. In half of the largest U.S. metros, homeowners ...
Winter’s Hottest Single-Family Markets
Orlando, Palm Beach County, Fort Lauderdale and Tampa, Florida; and Dallas, Texas, top Ten-X’s just-released list of the top wintertime single-family housing markets. The winter’s hottest single-family markets each demonstrate a vigorous combination of consistently strong demand, home price appreciation and economic and demographic growth. The Top Single-Family Housing Markets ...
