Mortgages in forbearance decreased from 6.93% of servicers' portfolio volume to 6.87% during the week ending Sept. 20, according to the Mortgage Bankers Association
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner discusses how new home sales exceeded the annual rate of 1M units for the first time since 2006, blowing past most predictions
New listings of newly constructed homes decreased 4.1% year over year to a seasonally adjusted rate of 74,000 in August, according to a report on Friday from Redfin
After forecasting housing price declines of approximately 0.3% this year, experts have adjusted those predictions this quarter to reflect an increase in prices by 3.7%
At a national level, 28.7% of Redfin.com users looked to move to a different metro area during July and August, according to the brokerage's latest migration report
Median prices of single-family homes and condos are now less affordable than historical averages in 63% of counties, up from 54% one year ago, according to a new report
The move will likely lead to small aesthetic changes, including how Premier Agents are displayed on listings, but the lead flow will remain the same
The race home appraisal gap has doubled since 1980, according to a new study published in the sociological journal Social Problems
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner digs deeper into last week's economic announcements on retail sales, consumer sentiment, building permits and more
The National Association of Home Builders and Wells Fargo Housing Market Index jumped 5 points to 83 in September, an all-time high for the index since the series began in 1985
For the first time since the Great Depression, the majority of young adults are living with their parents, according to a Pew Research Center analysis of US Census Bureau data
The climbing profit margins are a reflection of how home prices have continued to stay steady, and even increase in some areas, during the pandemic
The volume of mortgage applications declined 2.5% for the week ending Sept. 11, 2020, according to the Mortgage Bankers Association's weekly survey, released Wednesday
Mid-sized cities across the country are looking attractive as people try to avoid congested cities and seek out more affordable markets amidst an uncertain economic climate
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner takes another look at mortgage forbearance, explaining the latest data and insights in light of some recent headlines
As Congress continues to be at a standstill in passing a second stimulus bill to support Americans who have become unemployed as a result of the pandemic, it's likely forbearance rates could increase in upcoming weeks
