Northeast markets continue to be most at-risk due to pandemic
Parts of New York City, Baltimore, Philadelphia and Washington, D.C., were most vulnerable to economic impacts of the pandemic during the third quarter
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
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
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
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
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
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
Illinois 'Pie House' is ready for curious buyers
The suburban property, which has 1 wall that measures just 3 feet wide, is currently on the market for $269.9K
by Lillian Dickerson Jun 22
The Inman Handbook on how to sell a home without setting foot in it
Moving an entire real estate experience online may not be easy, but in the time of the coronavirus pandemic it's necessary — and very doable
by Jim Dalrymple II Jun 15
Agents say they're busy amid pandemic, but challenges linger
Buyers and sellers appear to be returning to the market in many parts of the U.S., but inventory issues continue to plague many areas as well
by Jim Dalrymple II Jun 2
Amid halt on foreclosures, zombie property rate remains constant
The number of U.S. homes in the process of foreclosure that are currently sitting empty barely changed between the first and second quarters of 2020, due to the coronavirus-induced moratorium on foreclosures
by Lillian Dickerson May 27
Is this 'The Last Dance' for Michael Jordan's Chicago mansion?
The basketball great's $14.8M home has been on the market for eight years. Will "The Last Dance" give the listing a much-needed boost?
by Lillian Dickerson May 18
How the coronavirus pandemic is reshuffling the luxury real estate market
Buyers are looking for homes in different places, and with different characteristics, than they did before COVID-19 brought chaos to the US
by Jim Dalrymple II May 15
26% of all mortgaged homes were equity-rich in first quarter
Roughly one-quarter, or 26.5%, of the 54.7 million mortgaged homes in the U.S. were equity-rich in Q1 2020, according to Attom Data Solutions' Q1 2020 U.S. Home Equity & Underwater Report
Illinois market snapshot: Things are looking up
Six weeks into stay-at-home orders, real estate agents in Illinois say the state of the market is looking pretty good
by Lillian Dickerson Apr 29