Archives

MBA

Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 1.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 24, 2018.
MBA

Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 4.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 17, 2018.
NAR

Realtors® Chief Economist Reflects on Past Recession, What’s Ahead for Housing

American financial and lending systems look vastly different nearly a decade after the defining moments of the Great Recession, thanks in part to safe and sound lending and regulatory policy reforms, strongly supported by the National Association of Realtors®.
NAHB

New Home Sales Edge Down 1.7 Percent in July

Sales of newly built, single-family homes inched down 1.7 percent in July to a seasonally adjusted annual rate of 627,000 units after an upwardly revised June report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. On a year-to-date basis, sales are up 7.2 percent from this time last year.
NAR

Existing-Home Sales Slip 0.7 Percent in July

The median existing-home price2 for all housing types in July was $269,600, up 4.5 percent from July 2017 ($258,100). July’s price increase marks the 77th straight month of year-over-year gains
NAHB

Housing Starts Hold Their Ground in July

Total housing starts inched up 0.9 percent in July to a seasonally adjusted annual rate of 1.17 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.

Modern Commercial Real Estate Marketing Practices Used Right Now

Whenever marketing commercial properties the marketers understand the fact that it is really important to build a lucrative and really long-lasting reputation. Modern promotion methods rely on much more than just advertising, mainly because of the fact that those interested in buying such properties are different than those buying homes.
Natomas

CVS-Anchored Natomas Shopping Center in Sacramento Sells for $10.3 Million

Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm arranged the sale of Natomas Shopping Center in Sacramento, California, in an off-market transaction.
NAHB

Housing Affordability Hits 10-Year Low in Second Quarter

Rising home prices and interest rates pushed housing affordability to a 10-year low in the second quarter of 2018, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released today.
NAR

Metro Home Prices Climb to New All-Time High; Rise 5.3 Percent in Second Quarter

Amidst staggeringly low inventory levels in much of the country during the second quarter, existing-homes sales cooled and home prices maintained their robust level of appreciation, according to the latest quarterly report by the National Association of Realtors®.
NAR

Pending Home Sales Reverse Course, Rise 0.9 Percent in June

Pending home sales increased in all four major regions in June, but overall activity lagged year ago levels for the sixth straight month, according to the National Association of Realtors
NAR

International Activity in U.S. Residential Real Estate Market Declines, According to Realtor® Survey

Rising home prices and low inventory led to a decline in foreign home purchases in the United States. Total international sales totaled $121 billion during April 2017 to March 2018, a 21 percent decline from the previous 12-month period, according to an annual survey from the National Association of Realtors
MBA

Mortgage Application Activity and Rates Nearly Flat in Latest MBA Weekly Survey

Mortgage applications decreased 0.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending July 20, 2018.
NAR

Existing-Home Sales Subside 0.6 Percent in June

Existing-home sales decreased for the third straight month in June, as declines in the South and West exceeded sales gains in the Northeast and Midwest, according to the National Association of Realtors®. The ongoing supply and demand imbalance helped push June’s median sales price to a new all-time high.
Edina Emma

Edina Realty Launches “Emma Marketing” Automation for Agents

At its annual agent technology camp, Edina Realty, the largest residential brokerage serving Minnesota and western Wisconsin, announced the launch of marketing automation for its agents. This innovative service, powered by Imprev, automatically creates branded marketing content for agents throughout the life of Edina Realty’s listings
MBA

Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 0.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending June 29, 2018.
NAR

Foreign Investment in U.S. Commercial Real Estate Remains Strong, China and Mexico Top Investors

Nearly one-fifth of Realtors® practicing in commercial real estate closed a sale with an international client in 2017, and 35 percent said they have experienced an increase in the number of international clients in the past five years, according to a report from the National Association of Realtors

How much does your association CEO make?

The nation’s 70 largest Realtor organizations collected $672 million in revenue in 2016, and they paid their CEOs nearly $24 million. That’s according to Real Estate Broker’s Insider’s analysis of tax returns filed by national, state, and regional associations.

Zillow Accelerates Program for Buying and Selling Homes

In a long-anticipated move that has roiled the real estate industry and perplexed Wall Street, Zillow announced an ambitious expansion of its pilot program to buy and sell homes.
NAHB

New Home Sales Rise to Highest Level This Year

Sales of newly built, single-family homes rose 6.7 percent in May to a seasonally adjusted annual rate of 689,000 units after a downwardly revised April report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the second-highest sales report since the Great Recession

Business Real Estate Press Releases

40-5197_2_Chang-sm

Distinctive Single-Family Homes in Costa Mesa Win Design Award

International award-winning KTGY Architecture + Planning is pleased to announce that KTGY’s excellence in residential design and planning has been recognized by the Building Industry Association’s (BIA) Greater Sales and Marketing Council’s 2018 SoCal Awards program. Vitae in Costa Mesa received the SoCal Award for “Best Design Detached Home Under 2,000 SF.” This year’s competition drew more than 500 entries.

Recent Gov & Nonprofit Real Estate Press Releases

NAR

Number of Real Estate Teams is Growing, NAR Survey Finds

Teams are becoming more common in the real estate industry as an increasing number of Realtors®, members of the National Association of Realtors®, consider themselves a member of a real estate team, according to a new survey by NAR.