How agents can help clients avoid foreclosure
Though for some the current landscape might feel reminiscent of the 2008 housing crisis, there's a lot that's different today. Here's how you can best serve your clients during this time
'A super hot market': Economists weigh in on what to expect in 2021
A handful of economists shared with Inman their forecasts for home sales and prices, inventory, the impact of a coronavirus vaccine and the risk of another recession
by Andrea V. Brambila Dec 24
Foreclosure filings decline as moratorium is extended through January
U.S. foreclosure filings decreased 14% in November 2020 from the month before and dropped 80% year over year
Beyond the headlines: What's in store for 2021?
Opinion
Looking for a little clarity on the news? Windermere Chief Economist Matthew Gardner gives his 2021 forecast
by Matthew Gardner Dec 8
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
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
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
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
These 5 marketing campaigns are tailored for today's market
With the last quarter approaching, agents should strive to finish 2020 strong and step into the next year on the right foot. In other words, now's a great time to implement these marketing campaigns and generate new income streams for your business
by Bernice Ross Sep 30
US bank repossessions reach new low while foreclosure rates tick up
US bank repossessions dropped by 6% in August to a total of 2,035 properties foreclosed on by lenders, while foreclosure filings rose by 11%
by Lillian Dickerson Sep 10
Zombie foreclosures see modest increase in third quarter
Although the total number of properties in foreclosure is down 16% from the previous quarter, zombie foreclosures increased from 3% to 3.7% of all properties, according to Attom Data Solutions
by Lillian Dickerson Aug 26
Bank repossessions of homes plunge to lowest level in at least 15 years
Amid federal and state restrictions on foreclosures and evictions, bank repossessions dropped 14% month over month and 80% year over year to just 2,163 US properties foreclosed on by lenders, according to an analysis Thursday from Attom Data Solutions
by Lillian Dickerson Aug 13
Kamala Harris' record on real estate is mixed
The Democratic vice presidential candidate believes 'housing is a human right' and has proposed legislation for mortgage and rent relief amid the pandemic
by Andrea V. Brambila Aug 12
Here's why one economist believes a foreclosure wave is unlikely
Odeta Kushi, the deputy first economist at First American, doesn't believe the COVID-19 crisis will lead to a massive spike in foreclosures
by Patrick Kearns Aug 10
Brown Harris Stevens CEO: 'We have to apply a little bit of humanity'
Brown Harris Stevens CEO Bess Freedman called for compromise in the face of an impending wave of evictions as CARES Act benefits are set to expire at the end of July
by Lillian Dickerson Jul 21
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
What agents should know about specializing in foreclosures
Every town has foreclosed properties and lenders who want to get rid of them fast, especially during a recession. There’s an opportunity for agents who have the right temperament and want a high volume to serve local or regional banks. Here’s what you should know before pursuing foreclosures
by Nicole Solari Jun 20
Amid halt on foreclosures, zombie property rate remains constant
The number of U.S. homes in the process of foreclosure that are currently sitting empty barely changed between the first and second quarters of 2020, due to the coronavirus-induced moratorium on foreclosures
by Lillian Dickerson May 27
Read all of Inman's coronavirus coverage here
Inman has published more than 785 stories on the coronavirus. Here's our comprehensive list of coverage
by Jim Dalrymple II May 20
Foreclosure activity continues to decline in March
61% of US markets saw foreclosure activity drop below pre-recession levels last month, but the numbers come with 'a huge caveat'
by Lillian Dickerson Apr 15
Wells Fargo suspends jumbo mortgages as demand fades
In this uncertain market, demand for jumbo mortgages is declining as more homeowners seek forbearances and investors look to more secure loans during the Covid-19 crisis
Foreclosure activity hits lowest point in 15 years
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
Making sense of the headlines: How will the housing market fare?
Opinion
Looking for a little clarity on this week's economic and housing news? Windermere Chief Economist Matthew Gardner gives his take on this week’s headlines
by Matthew Gardner Mar 30
Zumper fast-tracks online tour tools, presses on with hiring plans
The nation's largest rental search and transaction platform has pushed up the launch of new online tour tools to counter the 'coronavirus market.' HUD's call to delay evictions could have long-standing impact on property market
by Craig C. Rowe Mar 20
Trump administration announces halt on foreclosures and evictions
For now, evictions and foreclosures will be placed on a moratorium until the end of April
by Lillian Dickerson Mar 18
Landlords halting evictions amid coronavirus emergency
A coalition of landlords in New York City promised to stop evictions in most circumstances for 90 days. The move comes amid calls for tenant protections across the US
by Jim Dalrymple II Mar 16