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
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
Bidding wars get brutal as buyers chase dwindling supply
Buyers in some markets are offering hundreds of thousands of dollars over asking prices — and still losing bidding wars. 'Normally there's 13, maybe up to 20 offers. But 39 is bonkers.'
by Jim Dalrymple II Aug 14
Bank repossessions of homes plunge to lowest level in at least 15 years
Amid federal and state restrictions on foreclosures and evictions, bank repossessions dropped 14% month over month and 80% year over year to just 2,163 US properties foreclosed on by lenders, according to an analysis Thursday from Attom Data Solutions
by Lillian Dickerson Aug 13
Landing CEO: Flexible living has accelerated amid pandemic
New member enrollment at Landing, a flexible living company with a leasing model for fully furnished apartments across the US, soared 210% month over month in May
by Lillian Dickerson Aug 11
In a positive sign, number of equity-rich properties continues to rise
During the second quarter of 2020, equity-rich properties outnumber seriously underwater properties 4 to 1, according to a report by Attom Data Solutions
Corcoran's biggest franchise expands again by acquisition
Corcoran Global Living has acquired Discovery Bay Properties, an East Bay, California-based brokerage and former Intero franchisee with roughly 100 agents
by Patrick Kearns Jul 28
Pandemic isn't slowing new agent real estate license applications
Inman collected the latest licensing data from states across the US and found that, despite dire early predictions, there hasn't been an exodus out of the industry. In fact, after a dip early in the pandemic, some states are seeing an increase in new applications
by Jim Dalrymple II Jul 27
Multifamily rents fell year-over-year for first time in a decade
Annual rent growth shifted to negative in June, falling to -0.4% to $1,457
by Lillian Dickerson Jul 22
Homeowner's insurance startup Hippo raises $150M Series E round
The fundraising round values the tech-focused home insurance company at $1.5 billion
by Jim Dalrymple II Jul 21
Minimum wage workers must clock 97 hours a week to afford housing
According to the National Low Income Housing Coalition, minimum wage workers need to make $23.96 per hour to comfortably afford a two-bedroom rental
by Marian McPherson Jul 20
US property foreclosure filings hit all-time low
During the first six months of 2020, foreclosure filings hit an all-time low of 165,530 properties, according to a new report by Attom Data Solutions
by Lillian Dickerson Jul 15
@properties and Guaranteed Rate launch new mortgage company
The new mortgage lender, called Proper Rate, will begin originating mortgages to homebuyers and owners in 15 states
by Lillian Dickerson Jul 13
Lightning round: Top teams on how they’re thriving through 2020
Inman caught up with some of the nation's top teams to ask them a few questions to learn more about what makes their team special
by Lillian Dickerson Jul 13
East Coast markets most vulnerable to economic impacts of COVID-19
Markets on the East Coast and in Northern Illinois were most vulnerable to the effects of the coronavirus pandemic during the second quarter, according to Attom Data Solutions
by Lillian Dickerson Jul 10