Manhattan residential real estate sales hit a record $7.3 billion in the first quarter
Manhattan residential real estate sales hit a record $7.3 billion in the first quarter
Manhattan real estate sales topped $7 billion in the first quarter, marking the strongest-ever start to a year as the market shows no signs of slowing.
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Manhattan real estate sales topped $7 billion in the first quarter, marking the strongest-ever start to a year as the market shows no signs of slowing.
Manhattan real estate sales topped $7 billion in the first quarter, marking the strongest-ever start to a year as the market shows no signs of slowing.
Manhattan home sales showed continued strength in the second quarter, though thereΒ are clear signs that fears of a recession are slowing down the market.Purchases of condos and co-ops closed at a median of $1.25 million, a record high, appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate said in aΒ reportΒ Wednesday.Β The 3,834 transactionsΒ βΒ a 12% increase from a year earlier β were the most for any second quarter since 2007. But deals going into contract fell through...
Manhattan home sales showed continued strength in the second quarter, though thereΒ are clear signs that fears of a recession are slowing down the market.Purchases of condos and co-ops closed at a median of $1.25 million, a record high, appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate said in aΒ reportΒ Wednesday.Β The 3,834 transactionsΒ βΒ a 12% increase from a year earlier β were the most for any second quarter since 2007. But deals going into contract fell through...
Average stamp duty bills for residential property purchases hit Β£15,000 in the first quarter of 2022, according to the analysis of HMRC data by Coventry Building Society. The latest data found that Β£9.9bn of all stamp duty receipts in the 2021/22 tax year came from residential properties, which is the highest amount on record. Coventry ...
This story continues at Residential stamp duty receipts hit record in latest tax year
Or just read more coverage at Mortgage Finance Gazette
Average stamp duty bills for residential property purchases hit Β£15,000 in the first quarter of 2022, according to the analysis of HMRC data by Coventry Building Society. The latest data found that Β£9.9bn of all stamp duty receipts in the 2021/22 tax year came from residential properties, which is the highest amount on record. Coventry ...
This story continues at Residential stamp duty receipts hit record in latest tax year
Or just read more coverage at Mortgage Finance Gazette
Co-founder Cody Vichinskyβs firm BeSpoke Real Estate focuses on selling homes that are more than $10 million.
Co-founder Cody Vichinskyβs firm BeSpoke Real Estate focuses on selling homes that are more than $10 million.
According to Black Knightβs βfirst lookβ report for March, 2022, the national delinquency rate dropped by more than half a percentage point in March, falling to 2.84% and shattering the previous record low of 3.22% in January 2020.Β Interestingly, Black Knight says that while serious delinquencies (90+ past due but not in foreclosure) fell 12% [...]
The post Mortgage Delinquencies Hit Record Low in March appeared first on Real Estate Investing Today.
According to Black Knightβs βfirst lookβ report for March, 2022, the national delinquency rate dropped by more than half a percentage point in March, falling to 2.84% and shattering the previous record low of 3.22% in January 2020.Β Interestingly, Black Knight says that while serious delinquencies (90+ past due but not in foreclosure) fell 12% [...]
The post Mortgage Delinquencies Hit Record Low in March appeared first on Real Estate Investing Today.
Total mortgage borrowing and lending is expected to increase 13 percent, according to MBAβs latest forecast.
The post Lending to Hit Record $1 Trillion in 2022 appeared first on Commercial Property Executive.
Total mortgage borrowing and lending is expected to increase 13 percent, according to MBAβs latest forecast.
The post Lending to Hit Record $1 Trillion in 2022 appeared first on Commercial Property Executive.
The Memphis housing market got off to a strong summer start by breaking the highest median and average price records, while also seeing continuing growth in inventory, according to Memphis Area Association of Realtors (MAAR) data.Β
Last month, 2,006 homes sold, up 6.8% from June 2021, and slightly outpacing a hot May 2022. The median price of $250,000 was a 11.1% increase from June 2021, and the average price of $286,100 was a 13.5% increase.Β
In May 2022, 1,997 homes sold, up 2.3% from May ...
The Memphis housing market got off to a strong summer start by breaking the highest median and average price records, while also seeing continuing growth in inventory, according to Memphis Area Association of Realtors (MAAR) data.Β
Last month, 2,006 homes sold, up 6.8% from June 2021, and slightly outpacing a hot May 2022. The median price of $250,000 was a 11.1% increase from June 2021, and the average price of $286,100 was a 13.5% increase.Β
In May 2022, 1,997 homes sold, up 2.3% from May ...
The average monthly rent for a Manhattan apartment surpassed $5,000 for the first time β and brokers say demand and prices are headed even higher into the fall. The average apartment rent in June was $5,058, the highest on record, according to a report from Miller Samuel and Douglas Elliman. Average rental prices were up 29% over last year, while median rent was up by 25% to $4,050 a month. Aside from pricing out many renters, the increases could have knock-on effects amid broader inflation pr...
The average monthly rent for a Manhattan apartment surpassed $5,000 for the first time β and brokers say demand and prices are headed even higher into the fall. The average apartment rent in June was $5,058, the highest on record, according to a report from Miller Samuel and Douglas Elliman. Average rental prices were up 29% over last year, while median rent was up by 25% to $4,050 a month. Aside from pricing out many renters, the increases could have knock-on effects amid broader inflation pr...
The jump between February and March was the biggest in 10 years, according to IHS Markit.
The post Construction Costs Hit Record High: Report appeared first on Commercial Property Executive.
The jump between February and March was the biggest in 10 years, according to IHS Markit.
The post Construction Costs Hit Record High: Report appeared first on Commercial Property Executive.
Irvine CA β Leading global property information, analytics, and data solutions company CoreLogic recently released its latest rent prices report. Annual Rent Prices Hit Record Growth in March 2022 CoreLogicβsβ¦
Irvine CA β Leading global property information, analytics, and data solutions company CoreLogic recently released its latest rent prices report. Annual Rent Prices Hit Record Growth in March 2022 CoreLogicβsβ¦