The Trepp CMBS special servicing overall rate rose seven basis points in September to 11.49%, its highest level since February 2013. The seven-bp increase followed a steeper 33-bp increase in August, which... Read more »
The week of Sept. 28–Oct. 4 saw an astonishing 13 more luxury sales—defined as $4 million and above—than the previous week, according to Olshan Realty’s weekly luxury report. The total transaction count... Read more »
A magnificent 210-acre mountain retreat nestled near one of Vermont‘s most popular ski mountains has just hit the market for $2,450,000. Located in Pittsfield, just 15 minutes from Killington Ski Resort, the... Read more »
U.S. home listings were up 8 percent year over year in late August, according to Redfin, while pending sales fell to their lowest levels since February. U.S. home listings were up 8... Read more »
Agents and brokers are likely to continue encountering hesitant consumers, as the University of Michigan reports that preliminary sentiment dropped for the second month in a row on Sept. 11. The consumer... Read more »
Mortgage rates jumped to 6.71 percent this week, as an Iran-conflict-driven bond sell-off pushed Treasury yields sharply higher. The 30-year fixed mortgage rate climbed to 6.71 percent for the week ending Sept.... Read more »
Thinking about buying a house or selling your current one? It’s smart to know where the housing market might be heading. While national home prices are seeing a slight boost, some cities... Read more »
Squeezed by sky-high home prices, buyers in expensive and midtier metros alike are increasingly looking beyond the horizon of their local market in search of greater affordability or better job prospects. Cross-market... Read more »
High Street Residential (HSR), the residential subsidiary of Trammell Crow Company, has topped out construction on the firm’s first Manhattan project, The Marq, a 25-story luxury residential tower in SoHo. Slated for completion... Read more »
Contract signings fell in all four regions, reversing spring’s annual gains and signaling softer closings ahead. Pending home sales fell 5.4 percent in June compared to May and fell 0.3 percent from... Read more »