Opinion
This tactical move is by no means a sign that iBuyers will fail. Opendoor’s deep pockets allow it to weather the current storm and remain intact (albeit smaller)
61% of US markets saw foreclosure activity drop below pre-recession levels last month, but the numbers come with 'a huge caveat'
It’ll take several more weeks to fully determine if this is the bottom and possibly several months for new listing volumes to return to normal levels
The average contract interest rate for 30-year, fixed-rate mortgages dropped to 3.45%, its lowest level since the Mortgage Bankers Association began its weekly survey
Opinion
No one can truly answer this question until we know how mortgage lenders and homeowners who have chosen forbearance will fare
The city was ranked the hottest housing market for the second consecutive month by Realtor.com with half of all homes selling in under 28 days
The total property taxes levied on single-family homes last year increased by 1% from 2018, the smallest increase in the past three years
About 30% of survey respondents said they did not make a rent or mortgage payment in April, and 20% said they made a partial payment, according to a poll by Alignable
Opinion
One of the top leading indicators of transaction volume decline, new listings, has dropped an average of 63% in the markets earliest hit by COVID-19
In the wake of the COVID-19 pandemic and its effects on the market, home prices are expected to increase at half the rate prior to the outbreak, according to forecasting by Veros Real Estate Solutions
Counties in the Northeast and Florida are at the greatest risk of taking the biggest hit to the housing market in the wake of the pandemic
Opinion
The jumbo market has not imploded, but economic uncertainty has led to fewer players in that space today
The market started to show a slow down in the second half of March as the coronavirus outbreak settled in, according to data from realtor.com and Redfin
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
Mortgage application activity increased by 15.3%, and the refinance index increased 26% during the week ending March 27
A new survey by realtor.com reflects the stark contrast in homebuyer sentiment since the beginning of March with the coronavirus outbreak. Still, many homebuyers are undeterred
