Mortgages in forbearance drop for sixth week in a row
The number of mortgage loans in forbearance declined by 6 basis points, from 7.80% the previous week to 7.74%, marking the sixth consecutive week loans in forbearance dropped
by Lillian Dickerson Jul 28
Making sense of the headlines: Will home prices rise in 2020?
Opinion
Windermere Chief Economist Matthew Gardner takes a look at home sales and gives his outlook on home prices for the remainder of 2020
by Matthew Gardner Jul 28
Renters will be hardest hit by an end to unemployment benefits: Zillow
Over 30 million people currently receiving benefits stand to lose $600 per week, launching the percentage of renter households facing a severe housing burden from about 3% to 41%
by Lillian Dickerson Jul 27
Pandemic isn't slowing new agent real estate license applications
Inman collected the latest licensing data from states across the US and found that, despite dire early predictions, there hasn't been an exodus out of the industry. In fact, after a dip early in the pandemic, some states are seeing an increase in new applications
by Jim Dalrymple II Jul 27
Homes continue to sell fast amid incredibly low inventory
The number of homes that went under contract the week ending July 18, 2020 surpassed those of the previous week, with pending sales increasing by 10.9% week over week, according to Zillow's Weekly Market Report
by Lillian Dickerson Jul 24
New single-family home sales soar to highest rate in 13 years
Sales of new single-family homes rose 13.8% year over year, according to data from the US Census Bureau and the Department of Housing and Urban Development Development
US home sale profits rise to new post-recession high
The typical home sale profit of $75,971 in the second quarter of 2020 reflected a 36.3% return on investment, a new high in raw profits since the housing market started its recovery from the Great Recession in 2012
by Lillian Dickerson Jul 22
Multifamily rents fell year-over-year for first time in a decade
Annual rent growth shifted to negative in June, falling to -0.4% to $1,457
by Lillian Dickerson Jul 22
Rent prices still rising but at lowest rate in 10 years
'Single-family rent growth slowed abruptly in May as the nation felt the full impact of the economic crisis caused by the pandemic,' says CoreLogic's Molly Boesel
Making sense of the headlines: What consumer confidence looks like today
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner dives into Fannie Mae’s National Housing Survey and what consumer confidence looks like right now
by Matthew Gardner Jul 21
Share of mortgages in forbearance continues to drop
The amount of mortgages in forbearance declined for the fifth straight week, from 8.18% to 7.8% the week ending July 12, 2020
by Lillian Dickerson Jul 20
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
This is the 'sweet spot' for when to buy a home
Is there a sweet spot for homebuyers when it comes to matching ample inventory with a reasonable sales price? According to a new analysis by NerdWallet, the answer is yes
by Lillian Dickerson Jul 15
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
Making sense of the headlines: How has COVID-19 impacted housing supply?
Opinion
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