Small Equity Gain Results in Nearly Half of U.S. Mortgaged Homes Now Considered Equity-Rich; Seriously Underwater Portion of Mortgages Stays Just Below 3 Percent; Seventeen Times as Many Mortgages are Equity Rich versus Seriously Underwater ATTOM, a leading curator of real estate...
News Updates
Redfin Reports Demand Declines Ease as Mortgage Rates Steady Around 7%
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...
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...










