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South Florida cities among most cost-burdened for housing

June 12, 2018 |

South Florida is the most severely cost-burdened region in the country when it comes to housing costs, a new SmartAsset report indicates.

The report included four South Florida cities – Miami (No. 2), Hialeah (No. 3), Pompano Beach (No. 4) … Read More

Report: Michigan Housing Permits Rise 11.7 Percent in 2016

February 21, 2017 |

Final numbers from the U.S. Census Bureau indicate a total of 15,716 permits were issued throughout Michigan for new home construction in 2016, representing an increase of 11.7 percent over the total of 13,581 permits in 2015. The 2016 year-end … Read More

Housing Market to Shift from Seller to Buyer Market by 2019 According to Zillow Housing Trends Report

November 30, 2016 |

SEATTLE, WA – Home values are up over 6 percent over the past year, to a Zillow Home Value Index (ZHVI) of $191,200, according to the October Zillow Real Estate Market Reports.

Home values across the country have been rising … Read More

Home Builders’ Confidence Rises

August 17, 2016 |

U.S. home builders said they are becoming more optimistic about the market for single-family homes, boosting hopes that a recent rise in home buying could lead to more construction.

A measure of home builder confidence rose two points from a … Read More

Mortgage Rates Near All-Time Lows

July 8, 2016 |

Mortgage rates hit a new 2016 low this week, and they’re also nearing the lowest averages ever recorded. Freddie Mac reports the 30-year mortgage rate is close to the November 2012 record low of 3.31 percent.

“Continuing fallout from the … Read More

After Record Declines, Commercial/Multifamily Mortgage Delinquency Rates Remain Low

June 27, 2016 |

Delinquency rates for commercial and multifamily mortgage loans hit new lows in the first quarter of 2016 as liquidity conditions for real estate investors remain extremely favorable.

“Strong fundamentals and strong property prices, as well as still low interest rates, … Read More

How Multifamily is Blending Retail with Residential

June 17, 2016 |

Mixed-use in multifamily is going horizontal. Essentially, the horse is now coming before the retail cart, and it’s strolling outward instead of upward.

Panelists at the recent Crittenden conference remarked that horizontal mixed-use developments are here to stay, especially as … Read More

Metro Detroit home sales, prices rise in 2015

January 15, 2016 |

Metro Detroit single-family home and condominium sales improved in 2015, increasing 4.7 percent from 2014, according to a report from Realcomp II Ltd., while median home and condominium sale prices rose 10.6 percent.

The report … Read More