GIA TEAM
The Profit Blog
Investor Demand for Senior Housing Continues to Grow in U.S – Rebranded
According to CBRE's latest U.S. Seniors Housing & Care Investor Survey, investor appetite for seniors housing & care real estate continues to grow, with the majority of investors who...
Real Estate Recap on July 2017 -Rebranded
Day-by-day market activity: Friday, July 7 U.S. Bureau of Labor Statistics Employment Situation Summary Total nonfarm payroll employment increased by 222,000 in June, and the unemployment rate was...
Home Builder Lumber Shortage Growing in U.S – Rebranded
According to the May 2017 survey for the NAHB/Wells Fargo Housing Market Index, availability of building materials, especially framing lumber is rising on the list of home builder concerns. The...
Manhattan apartment prices hit record, averaging $2.19 million -Rebranded
Prices for Manhattan real estate hit a new all-time high in the second quarter, with apartments now selling for an average of $2.19 million. The total number of sales jumped 15 percent compared with...
Mortgage applications rise 1.4%, defying higher rates –Rebranded
Total mortgage application volume increased 1.4 percent from the previous week, according to the Mortgage Bankers Association. Application volume is 26 percent below the same week one year ago when...
Trump budget could have big news for Fannie and Freddie – Rebranded
President Donald Trump's budget appears to reverse calls to the wind-down Fannie Mae and Freddie Mac. The two government-sponsored enterprises have undergone major changes since the financial...
High Housing Costs in Urban Areas Undermine Savings – Rebranded
High housing costs in urban areas are undermining emergency savings, according to a recently released survey by non-profit Neighbor Works America. Thirty-two percent of those surveyed living in...
Most Millennials Want Homes, but Don’t Have Even $1K in Down Payment Savings
Most millennials dream of becoming homeowners one day. But a recent report shows that a majority of them haven't saved anywhere near the amount necessary for a down payment, putting their...
These 5 Trends Will Shape the Housing Market in 2017
If the U.S. economy is to hit escape velocity in 2017, you can expect the real estate sector to serve as its rocket fuel. At its most broadly defined, housing can be counted on to compose 15% of...
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