Marketing & Statistics

Mortgage credit availability decreased in December according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool.

A coalition of consumer groups are calling on Acting Illinois Insurance Director Anne Melissa Dowling to reverse her “do-nothing” position and start protecting Illinois consumers from the unfair use of certain information unrelated to insurance risk – such as personal consumer shopping data – to set auto and homeowners insurance prices. 

Sales of newly built, single-family homes rose 4.3 percent to a seasonally adjusted annual rate of 490,000 units in November, according to newly released data from HUD and the U.S. Census Bureau

Mortgage applications increased 7.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending December 18, 2015.

As has been the case a few times already this year, the Architecture Billings Index (ABI) dipped in November. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the November ABI score was 49.3, down from the mark of 53.1 in the previous month.

Nationwide housing starts rose 10.5 percent to a seasonally adjusted annual rate of 1.173 million units in November, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Single-family production increased 7.6 percent to a seasonally adjusted annual rate of 768,000 units, its highest reading since January 2008. Multifamily production rose 16.4 percent to 405,000 units

The level of commercial/multifamily mortgage debt outstanding increased by $38 billion in the third quarter of 2015, as three of the four major investor groups increased their holdings.  That is a 1.4 percent increase over the second quarter of 2015.

CBRE Executive Vice President Philip D. Voorhees announced today that he and the National Retail Investment Group – West (NRIG-West) team completed the sale of McCalla Centre, a 110,620-square-foot neighborhood shopping center in the city of Santa Ana, Calif., anchored by a high-performing Northgate Market and CVS/pharmacy, along with a synergistic mix of retail and shop tenants. The sale price was $31,800,000, representing a 3.76% cap rate on high occupancy.

The 2014 Renewable Energy Data Book shows that U.S. renewable electricity grew to 15.5 percent of total installed capacity and 13.5 percent of total electricity generation. Published annually by the National Renewable Energy Laboratory (NREL) on behalf of the Energy Department's Office of Energy Efficiency and Renewable Energy, the Data Book illustrates United States and global energy statistics, including renewable electricity generation, renewable energy development, clean energy investments, and technology-specific data and trends.

Mortgage credit availability decreased in November according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool

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 November 27, 2015. This week's results included an adjustment for the Thanksgiving holiday.

Miami luxury single-family home sales increased 5.3 percent year-over-year in the third quarter as total inventory for all existing luxury properties rose, according to new data from the MIAMI Association of REALTORS® (MIAMI)

South Florida has long ranked as one of America’s top places for international home buyers because of its world-class amenities, global business center and proximity to Latin America, according to the MIAMI Association of REALTORS® (MIAMI). A new survey by the National Association of REALTORS®, completed in cooperation with Florida REALTORS®, recently emphasized that point as it showed Miami/Fort Lauderdale market accounting for 50 percent of all Florida international home sales from June 2014 to June 2015.

Brazil is once again the top foreign country searching online for South Florida real estate, according to new statistics from the MIAMI Association of REALTORS® (MIAMI), America’s largest local Realtor group. The South American nation of 200 million residents finished as the top international country using MIAMI’s search portal, www.Miamire.com, in September 2015.

Connecticut REALTORS® reports that single-family residential home sales in Connecticut increased 5.7 percent comparing October 2015 to October 2014. The median sales price of $239,900 represents a less than 1% decrease from $242,000 in that same time period.

Pending home sales were mostly unchanged in October, but shifted marginally higher after two straight months of declines, according to the National Association of Realtors®. Gains in the Northeast and West were offset by declines in the Midwest and South.

Sales of newly built, single-family homes rose 10.7 percent to a seasonally adjusted annual rate of 495,000 units in October, according to newly released data from HUD and the U.S. Census Bureau.

Home prices continue to climb. Home sales dipped slightly and the days on market remain low. The median sale price rose 8.7 percent from October of last year. The median price was $126,500 in October 2014 compared to $137,500 this year. Homes were on the market for an average of 69 days last month compared to 86 days in October 2014. That is a decrease of almost 20 percent!

Mortgage applications decreased 3.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 20, 2015. The previous week's results included an adjustment for the Veteran's Day holiday.