Homebuyer migration rates reach highest level since 2017: Redfin
At a national level, 28.7% of Redfin.com users looked to move to a different metro area during July and August, according to the brokerage's latest migration report
by Lillian Dickerson Sep 24
US bank repossessions reach new low while foreclosure rates tick up
US bank repossessions dropped by 6% in August to a total of 2,035 properties foreclosed on by lenders, while foreclosure filings rose by 11%
by Lillian Dickerson Sep 10
11 neighborhoods ripe for opportunity zone investment
A new report by Attom Data Solutions and CityBldr highlights areas with the greatest potential for taking advantage of tax benefits in order to revive densely packed, low-income communities
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
Opendoor resumes iBuying in all pre-pandemic markets
The move hints at how strongly real estate has bounced back during the pandemic, which is still ongoing and has prompted Opendoor to include virtual assessments for homes
by Jim Dalrymple II Aug 18
How city-dwelling agents are dealing with the shift to the suburbs
Six agents and brokers in New York City, Atlanta, Chicago, Minneapolis and Seattle share how they're staying ahead of their clients' newfound interest in suburban living
by Marian McPherson 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
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
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
27% of homebuyers look to relocate to less dense, more affordable areas
A new Redfin report found that pageviews of listings in towns with less than 50,000 residents were up by 87 percent year over year in May
by Lillian Dickerson Jun 25
Al Capone's childhood home lists for $2.9M
The Park Slope childhood home of infamous mobster Al 'Scarface' Capone, where he lived until moving to Chicago around 1920, is now on the market for $2.9M
by Lillian Dickerson Jun 25
Multifamily rents continue to decline in May
As many states began the reopening process in May, rents continued to decline from previous months, according to YardiMatrix's National Multifamily Report for May 2020
Residential refis make up 55% of home loans in first quarter
Spurred by historically low interest rates, new refinances made up about $328.5 billion in total dollar volume in Q1, up 105 percent from the same period last year
by Lillian Dickerson May 20
Think we're headed into a buyer's market? Guess again
Four agents in Chicago, St. Louis and Dallas share how they're helping homebuyers navigate a seller's market marred by economic fear and the coronavirus
by Marian McPherson May 20