According to Epiq Bankruptcy's latest market analysis, the total number of filings increased an overall 7% in September, while commercial Chapter 11 filings increased nearly 80% over the last year.
Read More »With New Net Listings Down, Housing Market Reaches Crossroads
HouseCanary's latest Market Pulse report shows decreasing demand has resulted in a sharp drop in new listing volume, resulting in an estimated 19% decrease nationwide compared to September 2021.
Read More »Hurricane Ian Property Damage Estimated at $28B-$47B in Florida
CoreLogic estimates that residential and commercial property loss from Hurricane Ian’s wind and storm surge damage will make it the costliest storm to hit the Sunshine State since Hurricane Andrew in 1992.
Read More »Fannie Mae Continues to Forecast 2023 Recession
According to new research from Fannie Mae’s Economic and Strategic Research Group (ESR), the housing market is expected to further cool as mortgage rates continue to rise and continues to predict an official recession conditions in 2023. According to the ...
Read More »Bidding-War Rate Reaches Lowest Level Since 2020
According to Redfin's latest market analysis, some 44.6% of home offers written by Redfin agents nationwide faced competition on a seasonally adjusted basis in August, the lowest bidding-war rate since the beginning of the pandemic when the housing market nearly ...
Read More »Budget Challenges Persist for Homebuyers
In order to better understand the sentiment and experiences of buyers, sellers, and renters currently on the market for homes, the Realtor.com Economics team has conducted a randomized survey of visitors to listing and search result pages in their latest ...
Read More »Florida Tops Rankings of Best States in Which to Retire
Retirement often brings a slower pace of life, and choosing where to settle down can be a great decision. For this study, Bankrate considered some of soon-to-be retirees and retired homeowners preferences in choosing which region to live, having concluded ...
Read More »Average Home Now Sells for Less Than Asking Price
For the first time since the housing market picked up after the pandemic, Redfin has reported that the average home has sold for less than its listing price as of August 28 in another sign of a housing market cooldown. ...
Read More »Report: Home Prices Will Continue to Decelerate
In the month of June, housing markets in the Western U.S. began to show signs of slowing, as S&P CoreLogic Case-Shiller data found a 1.9% overall month-over-month slide in the price of houses across the U.S.
Read More »Mortgage Credit Availability Projected to Rise Due to Weakening Demand
As fewer buyers become unable to afford higher home mortgage costs, a new CoreLogic analysis revealed that rising interest rates and higher home prices continue to wear at homebuyer affordability. As a result, the diminishing demand from borrowers may lead ...
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