• Zombie Property Count Inches Up

    The ever present “zombie property” now represents one in just 78 units as the Vacant Property and Zombie Foreclosure from ATTOM Data showed that there were 1,277,162 properties sitting vacant across the country during the third quarter of 2022. This number represents 1.3% of the total number of home... READ MORE

  • Are We ‘Witnessing a Housing Recession?’

    Existing-home sales sagged for the sixth straight month in July, according to the National Association of Realtors. All four major U.S. regions recorded month-over-month and year-over-year sales declines. Total existing-home sales –completed transactions that include single-family homes, townhomes, ... READ MORE

  • Real Estate Investors Purchased a Record $60.1B in Q2

    A study by Redfin found that real estate investors acquired approximately 87,500 homes nationwide in Q2, a total that was up 11% quarter-over-quarter. ... READ MORE

  • Black Households’ Affordability Numbers Halved

    The fact that housing and mortgage rates have done nothing but rise over the last year has hampered affordability across the board, but the impact on Black renters in particular has been particularly harsh—the share of Black renter households who could afford the median-priced home fell by 44%.  Rah... READ MORE

  • Higher Share of Vacant Homes Sit in Expensive Towns

    A new analysis from a March LendingTree study found more than 16 million vacant housing units in the U.S. This figure may seem steep but becomes more reasonable when you consider how many homes nationwide sit empty while they’re waiting to be rented or sold or their owners are staying in their prima... READ MORE