Foreclosure activity continues to decline in March
61% of US markets saw foreclosure activity drop below pre-recession levels last month, but the numbers come with 'a huge caveat'
by Lillian Dickerson Apr 15
Several US markets see uptick in new listing volume
It’ll take several more weeks to fully determine if this is the bottom and possibly several months for new listing volumes to return to normal levels
by Mike DelPrete Apr 15
Mortgage rates drop to 30-year low
The average contract interest rate for 30-year, fixed-rate mortgages dropped to 3.45%, its lowest level since the Mortgage Bankers Association began its weekly survey
by Lillian Dickerson Apr 15
‘Strong recovery’ on horizon, V curve possible, says real estate exec
Patrick Stone, of WFG National Title Insurance Company, said Tuesday that home sales will likely be down in 2020, but overall, he's optimistic about an economic recovery from the current pandemic
by Jim Dalrymple II Apr 14
Delinquency rates still low but a pandemic-related jump to come
'We expect delinquency rates to jump significantly throughout the year as the economic toll from COVID-19 becomes more evident,' CoreLogic President Frank Martell said
Making sense of the headlines: What will happen with interest rates?
Opinion
No one can truly answer this question until we know how mortgage lenders and homeowners who have chosen forbearance will fare
by Matthew Gardner Apr 13
How to give tenants a break while also protecting yourself
The coronavirus pandemic has kneecapped many tenants' ability to pay rent. Landlords may want to offer some leeway, but they have to be smart about it
by Jim Dalrymple II Apr 13
Google searches soar for ‘mortgage’ and ‘home.’ ‘Real estate,’ not so much
Google's data shows changes during the pandemic in home-related online searches. Some experts believe those trends hint at longterm shifts in consumer preference
by Jim Dalrymple II Apr 9
Colorado Springs ranked hottest housing market in March
The city was ranked the hottest housing market for the second consecutive month by Realtor.com with half of all homes selling in under 28 days
US property taxes increased to $306.4B in 2019
The total property taxes levied on single-family homes last year increased by 1% from 2018, the smallest increase in the past three years
As coronavirus restrictions lift, China's real estate sales bounce back
A new report found that the number of sales across China's 30 largest cities reached 5,976 on March 31 — an enormous increase from a low of 22 on Feb. 8, when the country was at the height of the pandemic
intersection in new york city
The Community Housing Investment Program said that only 10% of its landlords did not receive rent for the coming month
About half of US small businesses have not paid full April rent
About 30% of survey respondents said they did not make a rent or mortgage payment in April, and 20% said they made a partial payment, according to a poll by Alignable
New listing volumes plunge 50-75% across the globe
Opinion
One of the top leading indicators of transaction volume decline, new listings, has dropped an average of 63% in the markets earliest hit by COVID-19
by Mike DelPrete Apr 7
Post-virus home price growth forecasts show spike in the West
In the wake of the COVID-19 pandemic and its effects on the market, home prices are expected to increase at half the rate prior to the outbreak, according to forecasting by Veros Real Estate Solutions
February home prices reflect pre-coronavirus market strength
Because sales typically represent contracts that were signed in the previous two months, CoreLogic expects the pandemic's effects will start to show in the April data