Detroit has elbowed out Atlanta to become the most overpriced U.S. housing market, according to new the new Top 100 U.S. Housing Markets report from Florida Atlantic University and Florida International University. According to data covering May housing trends, homes...
The commercial mortgage-backed securities (CMBS) delinquency rate returned above the 5% mark in June, according to new data from Trepp LLC. The delinquency rate increased 38 basis points to 5.35% last month, which marked the fourth upswing in the CMBS delinquency rate...
High-profile real estate investor Grant Cardone has listed a residential luxury property in Golden Beach, Florida, on the Propy blockchain-based real estate platform with an asking price of $42 million – and buyers will be able to use Bitcoin for their purchase. The...
Home prices posted a 4.9% year-over-year gain in May, according to new data from CoreLogic. While this was the lowest rate of appreciation since last October, it also represented the 148th consecutive month of annual growth. On a monthly basis, gains were up by 0.6%....
Patrick T. Harker is president and CEO of the Federal Reserve Bank of Philadelphia. This article was adapted and edited from prepared remarks delivered at the recent Global Interdependence Center 42nd Annual Monetary and Trade Conference in Philadelphia. Allow me to...
The Denver Metro Association of Realtors (DMAR) and South Metro Denver Realtor Association (SMDRA) have fired the board of directors of REcolorado, the multiple listing service (MLS) owned by the groups. REColorado is used for more than three-quarters of Colorado’s...
Hits and Misses for the Real Estate Week of June 15-19
