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,...
News Updates
HOME EQUITY TRENDS MIXED ACROSS U.S. IN THIRD QUARTER DESPITE CONTINUED PRICE INCREASES
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...
Sherman Bridge Launches Lending Marketplace
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...
Homes in Upstate New York Sell in Roughly a Week While in Austin It Takes Nearly Two Months
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...
Serious Mortgage Delinquency Rate Drops to All-Time Low in August
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....
Blox Launches AI Financial Automation for Property Operators
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,...
U-Haul Signs Exclusive Partnership with Moved to Support the Multifamily Industry and Renters
U-Haul®, the industry leader in DIY moving and self-storage, announced an exclusive partnership with resident technology company Moved™. The agreement includes exclusive rights for both U-Haul and Moved's business-to-business-to-consumer (B2B2C) software, which streamlines the onboarding and...
Redfin Reports New Listings and Pending Sales Ticked Up in September, But Deals Were Canceled at Highest Rate in Almost a Year
New listings inched up as some homeowners opted to cash out, fearing that elevated mortgage rates could drive a drop in home prices New listings climbed 1.4% month over month in September, the largest increase since February 2022 on a seasonally adjusted basis, according to a...
2023’s Severe Weather Events Are Proving Costly to U.S. Insurers
The U.S. is experiencing its costliest year ever in 2023 for severe convective storms, with insured losses from these events exceeding $50 billion through the end of September, according to the Insurance Information Institute (Triple-I.) Severe convective storms include natural...








