Homeownership affordability drops in two-thirds of U.S.
Median prices of single-family homes and condos are now less affordable than historical averages in 63% of counties, up from 54% one year ago, according to a new report
by Lillian Dickerson Sep 23
Mobile-home parks are a sound investment, especially during a pandemic
Mobile-home parks have long been touted as a recession-proof sector of real estate, and investors say they continue to be a wise choice during the nation's current economic turmoil
by Lillian Dickerson Sep 22
Beyond the headlines: Builder sentiment record high
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner digs deeper into last week's economic announcements on retail sales, consumer sentiment, building permits and more
by Matthew Gardner Sep 22
Average homeowner gained $9,800 in equity this year
But the gains are not expected to last as effects of the coronavirus pandemic begin to show on the housing market, according to a new CoreLogic report released Monday
Over 11M households struggled with rent and mortgages this spring
Renters were much more likely than homeowners to struggle with monthly payments, according to a new Mortgage Bankers Association report
With virtual learning, rents in college towns are falling fast
Two million more college-age Americans are living with their parents or grandparents instead of renting, according to new data from Zillow released Thursday
The majority of young adults now live at home with their parents
For the first time since the Great Depression, the majority of young adults are living with their parents, according to a Pew Research Center analysis of US Census Bureau data
by Lillian Dickerson Sep 17
House flipping rates decline while profit margins rise across the U.S.
The climbing profit margins are a reflection of how home prices have continued to stay steady, and even increase in some areas, during the pandemic
by Lillian Dickerson Sep 16
These 10 housing markets are poised for serious trouble
A new study by GoBankingRates looks at the top US cities most likely to see a poor housing market in the near future
Mortgage applications decline
The volume of mortgage applications declined 2.5% for the week ending Sept. 11, 2020, according to the Mortgage Bankers Association's weekly survey, released Wednesday
by Lillian Dickerson Sep 16
Realogy chief: Entire homebuying experience won't go digital
Ryan Schneider said this week that digital real estate experiences are becoming more common, but in general, people still want to physically experience properties before buying
by Jim Dalrymple II Sep 15
12 up-and-coming, mid-sized metros
Mid-sized cities across the country are looking attractive as people try to avoid congested cities and seek out more affordable markets amidst an uncertain economic climate
by Lillian Dickerson Sep 15
Beyond the headlines: Revisiting mortgage forbearance
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner takes another look at mortgage forbearance, explaining the latest data and insights in light of some recent headlines
by Matthew Gardner Sep 15
Mortgages in forbearance drop again, but that trend could reverse
As Congress continues to be at a standstill in passing a second stimulus bill to support Americans who have become unemployed as a result of the pandemic, it's likely forbearance rates could increase in upcoming weeks
by Lillian Dickerson Sep 14
While it's an improvement, 32% of renters are still in 'rent debt'
Despite the lapse in federal unemployment benefits in August, 68% of renters made an on-time rent payment during the first week of September, meaning just 32% were in 'rent debt.'
by Lillian Dickerson Sep 14
DelPrete: COVID-19's effect on global real estate portal revenues
In response to the pandemic earlier this year, leading real estate portals reacted by rolling out discounts and new products. Now, the results are in — and here's the revenue impact
by Mike DelPrete Sep 11