US real Estate Market

Mortgage Application Surges with 25.5% Due to New Mortgage Rules

Mortgage application increased with 25.5 percent as mortgage rates lowers and borrowers rushed to file their applications before loan disclosure changes again.

New Mortgage Rules Made Applications Easier for Lenders and Home Buyers

New mortgage rules has taken effect starting this month providing home buyers two new forms from their lenders detailing their loan terms.

South Sound Real Estate Group Recovers from Housing Market Slowdown

Northwest Multiple Listing Service data released a report showing that South Sound real estate group has been recovering from August's cool down in the housing market.

Manhattan Real Estate Prices Rise Again with 18%

Manhattan's real estate prices went up again as each square foot costs nearly $1,500. Real estate prices in Manhattan raised again with 18 percent, which is known to be the highest for the last 26 years.

'Blackstone Real Estate Group' Takes the Title for 'World's Largest Private Real Estate Fund'

The Blackstone Group has set a new record after raking in the title of world's largest-ever private real estate fund with their $15.8 billion raised fund.

Mortgage Rates Declined After Federal Reserve Postponed Rate Hike

Freddie Mac released a report last Thursday that mortgage rate declined for the past week when Federal Reserve decided not to raise the interest rates.

'Uber' Purchased Oakland-Based Office Bringing Opportunity to the City's Real Estate Market

On Wednesday, Uber has announced that it purchased a 330, 000 square feet office building and will turn it into the company's headquarters in Oakland.

Advantages of Investing in a Real Estate Property

Real estate investment is a very lucrative market, which brings several advantages as to why investing in real estate is a good idea.

Sacramento-Based Real Estate Company Purchased Manhattan- Based 'United Realty Advisors' for $175 million

Sacramento- based real estate investment firm First Capital Real Estate purchased a New York- based United Realty Advisors for $175 million.

Home Builder 'Lennar Corporation' Yields Double- Digit Profit for 2015 Third Quarter

Lennar Corporation had won big time as they as their sales went up with two- digit percentage for its third quarter of the year.

Housing Advocates Remain Skeptical with East New York Rezoning Plan

House advocates are skeptical with East New York rezoning plan as it is feared to cause gentrification.

Home Construction Industry Dropped with 3% in August 2015

Home construction started to slow down last August with 3% decline in the number of apartment complexes and houses being built to supply the increasing demand.

Real Estate Giants Merge to Build a Hotel Brokerage Firm

Don Walston and Sanjay Mundra will work with an international brokerage firm Sperry Van Ness to create their own brokerage firm will be called SVN Hotels which will focus on the $45- million- per year hotel industry.

Housing Prices Continue to Rise Leaving People Angry and Making Homes Impossible to Afford

Housing prices are still continuing to hike up making it harder for aspiring home owners to purchase their own property. As interest rates rise, so do home prices.

Retrofitting Cost Dispute Between Tenants and Landlords Will be Discussed by LA Authorities

It has been scheduled to be discussed by the City Council Housing Committee who will pay for retrofitting of houses after Los Angeles mayor Eric Garcetti had proposed an earthquake- retrofitting laws in California last year.

Incompetent Agents are Believed to be the Real Estate Industry's Biggest Problem

The National Association of Realtors have said in a report that the real estate industry's main and biggest threat is incompetent real estate agents.

Buying Real Estate Properties Online is Starting to Become a Trend

Real estate industry is starting to ride our today's technology as consumers start to use modern ways of acquiring real estate properties.

Mortgage Rates Hike Doesn't Worry Home Buyers

Despite the impending mortgage rates hike of the US Federal Reserve, home buyers and owners continue to push the housing market to all-time high records.

Seller's Market is Expected to Continue Until 2016

National Association of Realtors released a report stating that home buyers are overpowering the sellers' supply, which can play as an advantage for the latter.

The Cabrini Residents and Chicago Housing Authority Lawsuit Has Ended with an Agreement

Chicago Housing Authority and a tenant organization representing Cabrini-Green low-income residents filed an agreement last week that will allow hundreds of public housing units to be built on the Near North Side and will development projects available to use throughout the entire area.

Housing Market Demand in Seattle Rises Through the Roof

Seattle's housing demands are raising through the roof as places for new construction are becoming more scarce over time.