Share of mortgage loans in forbearance stays flat after 10-week decline
After 10 consecutive weeks of mortgage loans in forbearance showing declines, the total number of loans in forbearance appears to have flattened out at 7.2%
July home prices grow at fastest rate since 2018: CoreLogic
The 5.5% growth is an unexpected turnaround from the start of the pandemic
Making sense of the headlines: A look at last week's reports
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner looks at last week's real estate and economic announcements, explaining what the data and numbers mean, especially in the context of COVID-19
by Matthew Gardner Sep 1
September rent is due. How will renters and landlords deal?
The start of the month means that over 100 million Americans living in rentals will have to pay rent without the supplemental aid they previously received as part of the pandemic stimulus package
Agents see big financial, emotional returns from coaching
After Inman set out to see if coaching actually works, numerous agents said they saw their incomes, team sizes and general happiness improve thanks to the practice
by Jim Dalrymple II Aug 31
Most buyers would blow their budget for the perfect home
A whopping 64% of prospective homebuyers said they'd spend more than originally planned for the perfect home, according to a survey by LendingTree
by Lillian Dickerson Aug 27
Zombie foreclosures see modest increase in third quarter
Although the total number of properties in foreclosure is down 16% from the previous quarter, zombie foreclosures increased from 3% to 3.7% of all properties, according to Attom Data Solutions
by Lillian Dickerson Aug 26
Home price growth continues surge
US home prices rose by 4.3% year over year in June, according to new data released Tuesday
by Lillian Dickerson Aug 25
As fires ravage California, agents evacuate — and step up
Record-setting fires have burned more than 1.2 million acres in California, forcing hundreds of thousands of people from their homes
by Jim Dalrymple II Aug 25
Making sense of the headlines: A look at household debt
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner takes a deep dive into the latest data on household debt and credit and what it might mean for post-COVID economic recovery
by Matthew Gardner Aug 25
It's a seller's market all right, and home value growth is accelerating
During July, the typical home value was up 4.5% year over year to $253,527, the fastest value rate increase since May 2019
by Lillian Dickerson Aug 21
Mortgage rates, still historically low, begin ticking upward
Low rates have helped fuel an extraordinarily active summer for real estate. Although they remain historically low, a gradual trend upward could be less than stellar news for consumers
by Jim Dalrymple II Aug 20
Listing prices see fastest growth in over 2 years: realtor.com
During the week ending Aug. 15, 2020, the U.S. median listing price increased 10.1% on an annual basis, the fastest pace of growth since January 2018, according to realtor.com
by Lillian Dickerson Aug 20
FHFA
During the second quarter of 2020, 1.69M refinance mortgages were secured by residential properties in the U.S., a number up nearly 50% from the first quarter, and up more than 100% year over year to its highest level in 7 years
by Lillian Dickerson Aug 19
Where are 2020’s hottest ZIP codes?
The hottest ZIP codes in the US this year, according to an analysis by realtor.com, are in less populous, less expensive areas where people can socially distance with ease and not worry about breaking the bank if their jobs become less secure during a time of widespread economic uncertainty
by Lillian Dickerson Aug 18
DelPrete: iBuyer market share plummets, slow recovery ahead
IBuyers are buying homes again but with a more cautious approach. Once they prove they can survive the pandemic, they’ll still have to overcome the challenge of profitability
by Mike DelPrete Aug 18