Pending home sales posted their biggest decline in nearly a year, despite the median U.S. housing payment dropping to its lowest level in five months Pending home sales fell 6.9% during the four weeks ending August 25, the biggest annual decline in nearly a year according to a new report from...
News Updates
HOME MORTGAGE LENDING REBOUNDS NATIONWIDE WITH ACROSS-THE-BOARD GAINS IN SECOND QUARTER OF 2024
Residential Loans Surge 23 Percent Quarterly, Climbing Back to Levels from a Year Earlier; Purchase, Refinance and Home-Equity Lending All Increase; Despite Shift, Lending Activity Still Off Nearly Two-Thirds from 2021 Peak ATTOM, a leading curator of land, property, and real estate data,...
Redfin Reports The Typical Homebuyer’s Down Payment is a Record $67,500, Up 15% From a Year Ago
Nearly 3 in 5 homebuyers put down more than 10% of the purchase price, one of the highest shares on record The typical down payment for U.S. homebuyers hit a record high of $67,500 in June, up 14.8% from $58,788 a year earlier, according to a new report from Redfin (redfin.com), the...
Affordable renter-friendly home improvements that add value
Zillow and Thumbtack data reveals the projects that personalize a rental for less than $1,000 Millennials and Gen Z adults priced out of homeownership are renting for longer, prompting many to seek out ways to personalize their not-so-temporary space. New data from Zillow and Thumbtack finds...
ICE First Look at Mortgage Performance: Delinquencies improved in July despite Hurricane Beryl’s impact on Houston homeowners
The national delinquency rate fell 12 basis points (bps) to 3.37% in July, offsetting some of June’s calendar-related rise – dropping 3.5% for the month but up 4.8% from the same time last year Delinquencies declined in all major markets except Houston, where Hurricane Beryl resulted in an...
Sluggish Home Sales Expected as Consumers Hold Out for Improved Affordability
Despite Recent Decline in Mortgage Rates, Existing Home Sales Likely to Remain Weak Despite the recent pullback in mortgage rates, total home sales are expected to come in lower than previously forecast through the rest of 2024, and then not pick up meaningfully until further out in 2025,...
ZOMBIE FORECLOSURE RATE CONTINUES TO DECLINE IN THIRD QUARTER OF 2024, MARKING LOWEST LEVEL SINCE 2021
Abandoned Homes in Foreclosure Down 20 Percent Annually; Only One in 14,800 U.S. Homes Sit Empty in Foreclosure, Matching Three-Year Low; Zombie-Property Trends Come Amid Decline in Lenders Going After Delinquent Homeowners ATTOM, a leading curator of land, property, and real estate data,...
Redfin Reports U.S. Home Prices Tick Up 0.2% for the Second Month in a Row
Home prices grew 0.2% in July—equal to the slowest pace since January 2023—with more than 40% of the most populous U.S. metros recording a drop in home prices U.S. home prices ticked up 0.2% for the second-consecutive month in July, on a seasonally adjusted basis, according to a new report from...
Realtor.com® Unveils the 2024 Hottest ZIP Codes in America
Midwest and Northeast ZIPs Dominate this Years List For the first time since Realtor.com®'s inaugural Hottest ZIP Codes Report in 2017, one ZIP code, 43230, Gahanna, Ohio, took the No. 1 spot for a second consecutive year. In the 2024 report, we once again see this years' hottest ZIPs located...








