increased homeownership costs
Between 2019 and 2024, median monthly homeownership costs have risen from $1,609 to $2,035, with insurance premiums having a significant role to play in the increase
by Marian McPherson Sep 11
What are the riskiest housing markets in the US? New data provide answers
Metro areas in the southern and western U.S. dominate the nation’s riskiest markets. That's according to new Attom data on home prices, underwater mortgages, foreclosures and more
by Taylor Anderson Sep 4
House with a "for sale" sign in the front yard
In the past 2 months, the total number of homesellers in the market has fallen from a peak of 1.96M in May to 1.95M in July, Redfin reported
by Lillian Dickerson Aug 27
History proves it: Low interest rates are not a cure-all for real estate ills
Opinion
There are no easy solutions to the sluggish real estate market, team leader Carl Medford writes, and he does not believe slashing interest rates will have the desired effect
by Carl Medford Aug 8
These are the 31 markets where home prices have fallen the most
Price softening continues to spread from the Sunbelt into the Western U.S., and the inventory of homes for sale is growing at an accelerating pace, ICE Mortgage Technology reports
by Matt Carter Jul 7
VA ends key foreclosure rescue program in another setback for veterans and their families
Opinion
33K VA loans are currently facing foreclosure. Housing counselor Rachael Hite says agents need to know what is happening to their clients
by Rachael Hite Jul 4
Foreclosures were up 9% year over year in May: ATTOM
States with the highest foreclosure rates in May included Delaware, Florida, Illinois and Indiana. ATTOM's CEO described the situation as 'a mixed picture'
by Jim Dalrymple II Jun 10
Hubzu operator Altisource plans reverse split to avoid delisting
Real estate and mortgage services provider has racked up $363M in cumulative losses and ended Q1 with $30.8M of cash and cash equivalents following debt restructuring
by Matt Carter May 27
Trump's FHFA could rein in Fannie and Freddie's high-end lending
Cutting the mortgage giants' $806.5K conforming loan limit could relieve pressure on home prices, but leave more homebuyers seeking jumbo mortgages at higher rates from private lenders
by Matt Carter Mar 25
Missouri woman pleads guilty in Graceland fraud case
On Tuesday, Lisa Jeanine Findley told a federal judge that she would plead guilty to a charge of mail fraud she incurred last August while attempting to fraudulently auction off Graceland
by Lillian Dickerson Feb 26
New York City real estate mogul Jacob Chetrit dies
Jacob Chetrit, a prominent figure in New York City and Florida real estate and a member of the influential Chetrit family, has died, The Real Deal reported Saturday
by Richelle Hammiel Jan 6
Elon Musk's former Bel-Air home's price cut by $3M, faces foreclosure
The Bel-Air home, built by Los Angeles architect Robert Byrd, saw a price reduction from $12.95M to $9.5M, and is set to go to auction next month if it remains unsold
by Richelle Hammiel Nov 22
Elon Musk signals foreclosure on former home of Gene Wilder
An entity tied to Musk has filed a notice of default on the property, which Wilder's nephew purchased from Musk with the assistance of a loan from the Tesla CEO in 2020
by Lillian Dickerson Aug 22
Missouri woman charged with fraud in Graceland scheme
The fraudster who once self-identified as 'one who creates trouble' has been unmasked by the DOJ as 53-year-old Lisa Jeanine Findley. Prosecutors said Findley has gone by several aliases
by Lillian Dickerson Aug 16
Miami investors lose another hotel to foreclosure auction
In the same week that the investment firm lost the Waldorf Astoria in Washington DC to a foreclosure auction, CGI Merchant also had to let go of the Gabriel Miami in a second auction
by Lillian Dickerson Aug 12