Mortgages in forbearance decline for fourth consecutive week
The total number of mortgages in forbearance declined for the fourth consecutive week, from 8.39% of servicers' portfolio volume to 8.18% during the week ending July 5, 2020
by Lillian Dickerson Jul 14
April delinquency rates soar amid pandemic
Nationwide delinquency rates were at 6.1% in April, signaling a troubling trend ahead
by Veronika Bondarenko Jul 14
Opinion
Making sense of the headlines: How has COVID-19 impacted housing supply?
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner examines how the housing market has fared over the past 16 weeks and what to expect as we move through the year
by Matthew Gardner Jul 14
New York City apartments reach highest vacancy rates in 14 years
The apartment vacancy rate in Manhattan reached a 14-year high of 3.67% in June — the highest rate reached since Douglas Elliman began tracking this data
by Lillian Dickerson Jul 10
Homes continue to sell at fastest pace in 2 years
Sellers continue to be at an advantage in July in the wake of the pandemic, with homes leaving the market at their most rapid pace since Zillow began analyzing this data in 2018
by Lillian Dickerson Jul 10
Bidding wars intensify nationwide as mortgage rates hit new low
Boston experienced the highest frequency of bidding wars, with 72.4% of all offers facing competition, according to a Redfin survey released Friday
by Patrick Kearns Jul 10
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
More than 1 in 5 Americans moved or know someone who moved during the pandemic
New data from the Pew Research Center shows that the pandemic is driving a huge amount of migration
by Jim Dalrymple II Jul 8
Mortgages in forbearance drop for third consecutive week
During the week ending June 28, the total number of mortgage loans in forbearance dropped to 8.39 percent of servicers' portfolio volume from 8.47% the week prior
by Lillian Dickerson Jul 8
A third of all Americans missed housing payments in July
Of the 32% of Americans who didn't make a full housing payment, 19% made no payment at all while 13% paid a portion, according to an Apartment List survey released Wednesday,
by Marian McPherson Jul 8
High-end homes flood the market as homeowners seek to trade up
In June, meanwhile, new listings for more affordable homes plunged 29% year over year, according to a new Zillow survey released Wednesday
by Patrick Kearns Jul 8
Quicken Loans files for IPO as Rocket Companies
The Detroit-based lender announced the Rocket brand in 2015 and now plans to use the symbol RKT on the New York Stock Exchange
by Jim Dalrymple II Jul 7
Scores of real estate companies took home large PPP loans
Luxury brokerages, franchises for brands such as Realogy and Keller Williams, MLSs and local Realtor organizations all received money from the Paycheck Protection Program
by Jim Dalrymple II Jul 7
Home price growth stays strong amid high demand: CoreLogic
In May, nationwide home prices rose by 4.8% compared to the same time last year
by Veronika Bondarenko Jul 7
Opinion
Making sense of the headlines: What’s holding millennials back from homeownership?
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner looks at the factors that influence millennials' ability and will to buy a home
by Matthew Gardner Jul 7
As eviction bans expire, experts predict a nationwide housing 'nightmare'
Richard Rubin, the founder of affordable housing company Repvblik, said that the eviction crisis will also hit commercial real estate
by Veronika Bondarenko Jul 6