These 10 cities are tailor-made for first-time homebuyers
By looking at factors such as payment-to-income ratios, a new report from SmartAsset finds that smaller cities within driving distance of a major urban center fare the best overall
32M missed mortgage, rent or student loan payments in September
The number of renters and homeowners able to make payments during the third quarter of 2020 improved slightly from the second quarter, but remained relatively high overall, according to the Mortgage Bankers Association's Research Institute for Housing America
by Lillian Dickerson Oct 16
Metros with lower rent have been most resilient amid pandemic
Metros with lower rental prices, including the Inland Empire and Sacramento in California, have been the most resilient, according to a new report by Yardi Matrix
by Lillian Dickerson Oct 15
Will low inventory plus high demand snowball this winter?
Today, the market remains red hot as summer, but unfortunately, the industry might be celebrating too soon. Here's why this winter might bring a very different and cold reality
by Chris Drayer Oct 15
Foreclosure activity hits historic lows as filings drop 81%
Foreclosure filings dropped to a new low in the third quarter of 2020 to a number not seen since the first quarter of 2008
by Lillian Dickerson Oct 14
Most Americans who believe their home is haunted don't care enough to move
A survey by realtor.com found that 56% of Americans who think their current home is inhabited by spirits have not thought about moving
by Lillian Dickerson Oct 14
28% of people who moved this year did so to avoid catching COVID-19
According to MyMove, another 20% moved to be with family, while 18 percent cited financial reasons, including job loss
by Lillian Dickerson Oct 14
As the pandemic drags on, mortgage delinquency rates rise
The 120-day delinquency rate for July was 1.4 percent — the highest rate in more than 21 years and double the Great Recession peak
Beyond the headlines: Are mortgage rates hurting affordability?
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner discusses the potential consequences of low mortgage rates and persistently low levels of inventory
by Matthew Gardner Oct 13
It's a small world after all: Average apartment shrank 9.7% since 2010
Centrally located, small and more affordable living spaces dominated the past decade, according to new data released by RCLCO Real Estate Advisors
by Lillian Dickerson Oct 12
Median home prices see greatest annual growth since 2017
The US median home price stayed near its summer peak of $350,000 and hit record-high, year-over-year growth of 12.9%, according to realtor.com's weekly housing report
DelPrete: Zillow hiring agents is the megatrend you can't afford to ignore
Opinion
Most of the largest real estate disruptors are moving toward hiring agents for new brokerage services — that's nearly $35B in enterprise value pushing in this direction
by Mike DelPrete Oct 8
Nearly 300K homes at risk with Hurricane Delta surge looming
Hurricane Delta is poised to cause property damage to 293,685 single-family and multifamily homes across the Gulf Coast while amassing $62.85B in reconstruction costs
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
Pandemic forcing 'unprecedented overnight shift' in real estate
A new survey from States Title shows that stress levels and isolation have increased among real estate professionals, though most remain committed to their careers
by Jim Dalrymple II Oct 6
Beyond the headlines: Real estate remains a shining light
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner discusses how the housing market continues to bring out buyers in an economy still mired by the COVID-19 pandemic
by Matthew Gardner Oct 6