San Jose, CA, Los Angeles and San Diego have the highest shares of renter households, while Cape Coral, FL, Charleston, SC and Columbia, SC have the lowest The number of renter households rose 2.7%, in the third quarter year over year, to a record 45.6 million. That’s according to a...
On an annual basis, home prices rose by 3.4% in September, the slowest growth rate in over a year, and are projected to slow to 2.3% by the same time next year. Miami continued to post the highest gain of tracked U.S. metro areas, at 6.8%, followed closely by Chicago at 6.7%. Rhode Island reported...
CoreVest American Finance Lender, LLC (“CoreVest”), a leading lender to residential real estate investors nationwide and a division of Redwood Trust, Inc. (“Redwood”), is pleased to announce the promotion of Fred Matera to Chief Executive Officer. A tenured leader at Redwood, Fred has served as...
New-construction homes are making up a smaller portion of total inventory as builders back off and more homeowners list their houses for sale Newly built homes made up 28% of single-family homes for sale nationwide in the third quarter, the lowest level in three years, according to a...
New Zillow survey data finds many buyers are securing lower mortgage rates from home builders, sellers, or borrowing from friends or family members Although average mortgage rates are much higher, 45% of buyers who have purchased a home in the past year report having a rate below 5%. Mortgage...
S&P Dow Jones Indices (S&P DJI) released the August 2024 results for the S&P CoreLogic Case-Shiller Indices. The leading measure of U.S. home prices recorded a 4.2% annual gain in August 2024, a slight decrease from previous levels in 2024. More than 27 years of history are available...
Zombie-Property Trends Follow Decrease in Overall Foreclosure Cases ATTOM, a leading curator of land, property data, and real estate analytics, released its fourth-quarter 2024 Vacant Property and Zombie Foreclosure Report showing that 1.4 million (1,355,909) residential properties in the United...
ServiceLink is reinforcing its commitment to innovative technology enhancements and expanding its best-in-class products and services with the appointment of Hemanth Panyam as its senior vice president of product innovation. Panyam, a data-oriented, hands-on leader, has more than 20 years of...
The vast majority of respondents to a recent Redfin survey believe there should be caps on the amount landlords are allowed to increase rent, regardless of whether they’re Democrats or Republicans—however, Redfin economists say rent control worsens housing affordability in the long run More than...
