Asking rents were little changed from a year earlier for the seventh-straight month as an increase in new units hitting the market drove up vacancies, making it harder for landlords to raise prices. The median U.S. asking rent in October was $1,978, little changed (-0.3%) from a year earlier, but...
SingleSource's appraisal modernization and data collection solutions help lenders reduce cycle times and increase efficiency. SingleSource Property Solutions, a leading provider of property services supporting the U.S. housing industry, announced it now offers data collection suites and a...
Housing Market Frustrations Continue, Too, with Survey-Record 85% of Consumers Saying It's a 'Bad Time' to Buy a Home The Fannie Mae Home Purchase Sentiment Index® (HPSI) remained largely flat in October, as consumer frustration toward housing unaffordability and an economy battling inflation...
Buyers Continue to Grapple with Low Affordability Driven by Seven Straight Weeks of Mortgage Rate Increases Inflation Levels Sit Above Targets as Further Rate Hikes Remain a Possibility New Listing Volume Continues to Lag Contract Volume, Putting Further Downward Pressure on Inventory HouseCanary,...
Equity-Rich Portion of Mortgaged Homes Slips at Fastest Pace in At Least Four Years;But Seriously Underwater Level of Mortgages Improves;Overall Equity for Homeowners Holds Steady ATTOM, a leading curator of land, property, and real estate data, released its third-quarter 2023 U.S. Home...
First of its kind marketplace connects investors with 15 lenders in over 40 markets across the United States Sherman Bridge, a private money lender for investors purchasing distressed single-family residential real estate, has launched a new, first of its kind online marketplace to...
Albany, Rochester and Buffalo are among the nation’s fastest housing markets. Austin, once known for its speed, is one of the slowest. In Albany, NY, the typical home that sold in September went under contract in just eight days, making it the fastest market in the country, according to a...
The share of U.S. borrowers who were in serious mortgage delinquency (90 days or more late on payments) dropped to 0.9% in August, the lowest recorded since January 1999. The overall national mortgage delinquency rate (30 days or more late) was at 2.6% in August, also a historic low. The U.S....
With investment from Fika, Navitas, and Clocktower Blox, the financial AI automation company for real estate, announced the launch of its all-in-one software platform. Blox uses machine learning to automate key receivables tasks, including statement audit, refunds, payments, messaging, disputes,...
