US foreclosure filings increase 20% in October despite moratoriums
A total of 11,673 US properties received foreclosure filings in October 2020, according to a new report from Attom Data Solutions released Tuesday
by Lillian Dickerson Nov 10
The Airbnb IPO could move forward this week. So what's next?
The company's public debut represents a bet that the real estate and travel industries will keep colliding
by Jim Dalrymple II Nov 10
Delinquencies continue to rise across the country
CoreLogic reported a 2.9% rise in mortgage delinquencies in August compared to last year
Beyond the headlines: Jobs beat forecasts, still long way to go
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner examines jobs numbers. Although they beat forecasts, at October's pace, it would still take about another 16 months for employment to return to pre-pandemic levels
by Matthew Gardner Nov 10
The hot housing market isn't ending any time soon: Zillow
Closed sales of existing homes increased 9.4% from August to September, yielding a 20.9% increase year over year, the highest rate recorded since 2006
638,000 jobs added in October — but unemployment remains high
The unemployment rate declined to 6.9%, according to the Bureau of Labor Statistics, but the country as a whole is still down about 10M jobs since February's pre-pandemic levels
Demand is heating up in the Hawaiian luxury market
Hawaii has experienced ups and downs throughout the pandemic, but right now, luxury buyers are craving the aloha lifestyle and a bit of seclusion from the rest of the world
US home equity levels rose in Q3
Equity-rich properties made up about 28.3% of mortgaged homes in the US during the third quarter, up from 26.7% the previous year, according to a new report by Attom Data Solutions
Opendoor and Zillow are losing tens of thousands on each iBuyer home: DelPrete
Opinion
Disruption in real estate is being led by companies — and shareholders — willing to bet and lose billions of dollars
by Mike DelPrete Nov 3
Here's how Trump and Biden stack up on housing issues
The president and former vice president have sharply divergent views of how to handle things like housing affordability, discrimination and homelessness
by Jim Dalrymple II Nov 3
Home price growth reaches 6-year high in September
After a slow summer, home prices rose 6.7 percent in early fall
Rents on the rise for larger units across the country
A new report from Apartment Guide found that studio apartments, which have out-priced one-bedrooms in recent years, are currently the least expensive unit type
Losses from Hurricane Zeta wind and storm surge could reach $4B
Insured wind losses are estimated to cost between $2.2B and $3.5B, while insured storm surge losses could clock in at an additional $300M to $500M, according to CoreLogic
Pending-home sales take 2.2% hit
The National Association of Realtors' Pending Home Sales Index dropped 2.2%, to 130, in September after 4 consecutive months of contract activity growth
by Lillian Dickerson Oct 29
Beyond the headlines: Housing continues to break records
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner discusses home sales across the U.S. and concerns over the unsustainable pace of price growth
by Matthew Gardner Oct 29
Vacant zombie properties continue to decline amid foreclosure moratorium
In the fourth quarter of 2020, properties in the process of foreclosure decreased 7.3% from the previous quarter while the number of properties sitting empty declined 4.4%
by Lillian Dickerson Oct 28