Archives

WASHINGTON, D.C. - February 22, 2012 - (RealEstateRama) -- Key market bellwethers—increased leasing velocity; the reemergence of speculative construction; and strong retail, manufacturing and transportation industry performance—signal the start of what very likely will be a positive year for industrial real estate in the United States.

WASHINGTON, D.C. - February 17, 2012 - (RealEstateRama) -- Building on significant upward revisions to numbers for the previous two months, nationwide production of new single-family homes and apartments increased 1.5 percent to a seasonally adjusted annual rate of nearly 700,000 units in January, according to newly released figures from the U.S. Commerce Department. This marks the second-best pace of overall housing production since October of 2008.

WASHINGTON, D.C. - February 16, 2012 - (RealEstateRama) -- The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 7.58 percent of all loans outstanding as of the end of the fourth quarter of 2011, a decrease of 41 basis points from the third quarter of 2011, and a decrease of 67 basis points from one year ago, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey. The non-seasonally adjusted delinquency rate decreased five basis points to 8.15 percent this quarter from 8.20 percent last quarter.

WASHINGTON, D.C. - February 16, 2012 - (RealEstateRama) -- Nationwide housing affordability, as measured by the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI), rose to a record level during the fourth quarter of 2011, while prospective home buyers continued to feel the constraints of tighter credit standards and a soft economy.

BOSTON, MA - February 15, 2012 - (RealEstateRama) --Financing from MassHousing, New Market Tax Credits and union pension funds will provide $46.8 million in capital to help construct the 225 Centre Street development in Jamaica Plain, a project that wi...

LOS ANGELES, CA - February 15, 2012 - (RealEstateRama) -- California home sales declined from both the prior month and year in January, according to data from the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). The median price also was lower, primaril...

WASHINGTON, D.C. - February 15, 2012 - (RealEstateRama) -- Mortgage applications decreased 1.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 10, 2012.

COLUMBIA, S.C. - February 15, 2012 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its January Statewide Market Reports. As we delve into a new year, we're seeing mostly positive signs. New Listings in the state of South Carolina d...

GPE Commercial Advisors (gpe1.com) reported closing 12 commercial transactions in the amount of $12.4M for 227,355 square feet in January 2012. • $11.1M in commercial sales (215,132 SF) • $1.3M in commercial leases (12,243 SF) GPE Management Servic...

LOS ANGELES, CA - February 13, 2012 - (RealEstateRama) -- California’s housing affordability rose to its highest level in fourth-quarter 2011, matching a record high set in 2009, thanks to lower home prices and record-low interest rates, the CALIFORN...

WASHINGTON, D.C. - February 9, 2012 - (RealEstateRama) -- McGraw-Hill Construction, a part of The McGraw-Hill Companies (NYSE: MHP), today released findings from a new Green Home Builders and Remodelers Study at the National Association of Home Builders (NAHB) International Builders’ Show in Orlando. Green homes comprised 17% of the overall residential construction market in 2011 and are expected to grow to between 29% and 38% of the market by 2016. By value, this equates to a five-fold increase, growing from $17 billion in 2011 to $87-$114 billion in 2016, based on the five-year forecast for overall residential construction.

WASHINGTON, D.C. - February 8, 2012 - (RealEstateRama) -- Mortgage applications increased 7.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 3, 2012.

NEW YORK, N.Y. - February 7, 2012 - (RealEstateRama) -- “The annual joint meeting of the Industrial and Office Brokers Association of the New York Metropolitan Area (IOREBA) and the New York and New Jersey Chapters of the Society of Industrial and Of...

Atlanta, GA - February 6, 2012 - (RealEstateRama) -- Ten percent, or $150.6 billion, of commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2012, a 3 percent decline from the $154.7 billion that matured in 2011, and an 18 percent decline from 2010 according to today’s release of the Mortgage Bankers Association’s (MBA) 2011 Commercial Real Estate/Multifamily Survey of Loan Maturity Volumes.

Atlanta, GA - February 6, 2012 - (RealEstateRama) -- Commercial/multifamily originations during the fourth quarter of 2011 were up 13 percent over the fourth quarter of 2010, but fell 7 percent from the third quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

Inland Empire, CA - February 2, 2012 - (RealEstateRama) -- In the fourth quarter of 2011, the Inland Empire industrial market displayed positive net absorption for the tenth consecutive quarter, posting 1.8 million square feet, for a total of 13.6 million square feet in all of 2011, according to the Fourth Quarter Market Report from Voit Real Estate Services. The market demonstrated steady activity in Q4 2011, as vacancy dropped 22 percent below its 2010 rate and construction began on a number of large industrial properties, according to Walt Chenoweth, Executive Vice President of Voit’s Inland Empire office.

WASHINGTON, D.C. - February 1, 2012 - (RealEstateRama) -- Mortgage applications decreased 2.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 27, 2012.

ROCKY HILL, CT - January 31, 2012 - (RealEstateRama) -- The Connecticut Housing Finance Authority (CHFA) provides below-market rate mortgages to first- time homebuyers in the state. In January, CHFA’s interest rate dropped to a record low of 3.250 percent for a 30-year fixed mortgage. “The interest rate has been gradually decreasing this year, but this is the lowest rate in the 42-year history of CHFA,” said John Craford, Executive Vice President. According to a recent Freddie Mac survey, the nationwide 30-year fixed rate mortgage average was 3.88 percent, down from 4.74 percent at the same time last year.

Destin, FL - January 30, 2012 - (RealEstateRama) -- The five most likely U.S. metropolitan housing markets forecast to recover in 2012 are being announced by Housing Predictor, which forecasts more than 230 cities housing markets. The pack is lead by Miami, Florida and has a handful of what might appear to be polar opposites.

WASHINGTON, D.C. - January 26, 2012 - (RealEstateRama) -- Following three consecutive months of gains, sales of newly built, single-family homes edged down 2.2 percent to a seasonally adjusted annual rate of 307,000 units in December, according to newly released figures from the U.S. Commerce Department.