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U.S. Foreclosure Activity Declines Monthly In February 2023 But Continues To Increase Annually

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Overall Foreclosure Activity Down 3 Percent from January 2023; While Foreclosure Completions Increase 45 Percent from Last Year ATTOM, a leading curator of land, property, and real estate data, released its February 2023 U.S. Foreclosure Market Report, which shows there were a total of 30,528 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — down 3 percent from a month ago and up 18 percent from a year ago. “Foreclosure

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There Were Half as Many Affordable Homes for Sale in 2022 as There Were in 2021

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White households had three times as many affordable housing options as Black households Roughly one in five (21%) U.S. homes for sale in 2022 was affordable for the typical household, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s down from two in five (40%) in 2021 and the lowest share on record. A listing is considered affordable if the estimated monthly mortgage payment is no more

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MCS OPENS SELF-PERFORMING SERVICE CENTER IN DALLAS, HIRES KELLY CARNEY AS MARKET OPERATIONS DIRECTOR

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Building Local Team of Project Managers and Service Techs to Serve Property Owners and Financial Institutions with Field Property Solutions MCS, the national property services company founded in 1986, announced the opening of its own self-performing Service Center in Dallas. The Service Center is staffed with a market operations director, project managers, inspectors, estimators and highly trained service technicians to execute the field property services needs of the firm’s Single-Family

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Kiavi Recognized as a Top Innovative Technology Company by HousingWire

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For the sixth consecutive year, Kiavi is recognized for its unique technology platform that provides real estate investors with reliable, timely capital to scale their businesses Kiavi, a leading provider of financing to real estate investors, was selected as a HousingWire Tech100 Real Estate winner for the sixth consecutive year. Kiavi is the only non-QM financing partner to real estate investors to be named a 2023 award winner, which recognizes the most innovative technology

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New HouseCanary Report Indicates Early Signs of Housing Market Activity Growth Halted Due to Latest Round of Rate Hikes

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Early Signs of a Rebound Retreated in February on the Heels of Additional Rate Hikes Prices have Continued Downward Thanks to Persistent Tight Supply, Slowing Market Activity and Steadily Increasing Interest Rates Net New Listings and Contract Volume Experienced 10th Consecutive Month of Year-Over-Year Declines, With Decreases of 43.6% and 17.0%, Respectively HouseCanary, Inc. (“HouseCanary”), a national brokerage known for its real estate valuation accuracy, released its latest Market Pulse report, covering

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Nearly 9 in 10 first-time sellers think they could have gotten a higher price by making different choices

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Rookie mistakes: Zillow survey reveals four common recent first-time seller regrets  An overwhelming share of Americans who sold a home for the first time in the past two years wish they had done something differently (84%). A new Zillow® survey conducted online by The Harris Poll finds that even in a sellers’ market, many recent first-time sellers have regrets about the pricing, timing, or marketing of their home.  Rookie mistakes

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