Foreclosure filings dropped to a new low in the third quarter of 2020 to a number not seen since the first quarter of 2008
During the second quarter of 2020, equity-rich properties outnumber seriously underwater properties 4 to 1, according to a report by Attom Data Solutions
During an Inman Town Hall Thursday a panel of industry professionals said the coronavirus pandemic has created challenges, but that deals are still happening
Leaders of both large and small firms envision an active summer selling season. Low inventory and a potential return of the coronavirus, however, remain points of concern
San Francisco in particular has experienced a historic drop in rent amid the pandemic, though rents are also down in New York, Boston and other cities
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
Opinion
The current evidence supports more of checkmark-shaped recovery rather than a V- or U-shape — beginning with an immediate drop that lasts 3-4 weeks, followed by a gradual recovery
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
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
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
Washington was the first U.S. state that saw a confirmed case of the coronavirus. A month and a half later the real estate industry soldiers on amid the chaos
Thad Wong, co-founder of @properties, said during an Inman Town Hall Thursday that there may be short-term 'sheer havoc' in parts of the industry
There were a total of 48,004 properties with foreclosure filings in February 2020, the lowest number since Attom began tracking the data in April 2005
Mortgage application activity increased by 15.3%, and the refinance index increased 26% during the week ending March 27
The US Department of Homeland Security issued guidance to identify essential industries to critical infrastructure. California and Washington are the latest states to deem the profession essential