A few measures of homebuying demand stabilized in the last week of October, a month that saw one-third fewer pending sales than a year earlier One-third fewer homes went under contract in October than last year, the largest decline since at least 2015, according to a new report from...
News Updates
ZOMBIE PROPERTY COUNT TICKS UPWARD AGAIN ACROSS U.S. IN FOURTH QUARTER BUT REMAINS TINY PORTION OF HOUSING MARKET
Vacant Homes in Foreclosure Show Third Straight Quarterly Increase; Yet Zombie Properties Still Represent Just One of Every 13,000 Residential Properties Nationwide; Counts Continue Growing Since Lifting of Foreclosure Moratorium Last Year ATTOM, a leading curator of real estate...
98 of the 100 Largest U.S. Markets Saw Home Prices Decline in September From Their 2022 Peaks
Knock Buyer-Seller Market Index shows that 15 markets saw home prices fall by 10% or more from their highs set this spring, pushing more markets into buyer-market territory Reno, Nevada, Winston-Salem, North Carolina, and Boise, Idaho, saw home prices drop the most from their peak prices...
Recent Renters Reveal Five Winning Strategies to Land a Place in Today’s Hot Market
New Zillow survey finds being flexible about move-in date and offering to pay more up front are the top strategies to land a rental in an ultracompetitive market Typical monthly rents are the highest they've ever been ($2,084 as of September), yet the rising cost of buying a home is keeping...
Q3 National Rent Analysis Reveals Double-Digit Increases
75% of cities saw double-digit rent increases for SFRs Rentometer has released their Q3 2022 rent statistics for three-bedroom (3-BR) houses that are single-family rentals (SFRs). Rentometer collects data for all residential asset classes, but this report is focused on SFRs because they are one...
WORD OF THE DAY: Apothegm
[AP-ə-them] Part of speech: noun Origin: Greek, 16th century Definition: A short, witty, instructive saying; A terse or brusque instruction Examples of apothegm in a sentence "My grandmother loved to give advice with an apothegm, such as, 'An apple a day keeps the doctor...
Finance of America Sharpens Focus on Specialty Finance and Services Business, Plans to Discontinue Forward Mortgage Originations
Strategic pivot aimed at enabling greater investment in high-growth business including reverse mortgages, home improvement & commercial loans, and lender services Finance of America Companies Inc. (the “Company” or “FOA”), a leading specialty finance solutions platform, announced its decision...
WORD OF THE DAY: Anaphora
[ə-NAF-ər-ə] Part of speech: noun Origin: Greek, late 16th century Definition: The repetition of a word or phrase at the beginning of successive clauses. The use of a word referring back to a word used earlier in a text or conversation, to avoid repetition. Examples...
HOME-SELLER PROFITS DROP ACROSS U.S. IN THIRD QUARTER AS HOUSING MARKET BOOM EASES
Profit Margins on Typical Home Sales Dip Three Points Quarterly Amid Decline in National Median Price; Investment Returns Remain Near Record Levels, But Decrease at Fastest Pace in 11 Years; Median U.S. Home Value Down 3 Percent Quarterly During Peak Selling Season ATTOM, a leading curator...









