According to the Realtor.com, the average rental vacancy rate was 7.6% in Q4 of 2022, as rent January marked the 12th consecutive month of slowing rent growth.
Read More »Study Finds Most Californians Migrating South to Texas
According to a new analysis from JK Moving Services, Californians topped the list of people inquiring about moving into the Washington D.C. area, although data showed most Californians were looking to migrate to Texas.
Read More »Share of Vacant Homes in Foreclosure Increases for Fourth Straight Quarter
According to a new report from ATTOM, zombie properties represent just one of every 12,400 residential properties nationwide, as the count of vacant homes in foreclosure ticked up for the fourth consecutive quarter.
Read More »Suburban Housing Markets Faring Better Than Cities
According to a new report from Redfin, home values are holding up better in suburban areas than in cities, which have seen an influx of residents due to remote work.
Read More »Inflation Will More Than Double “Seriously Delinquent” Mortgages in 2023
A new study from MAISY finds household inflation will likely more than double seriously delinquent mortgages by the end of 2023 to 580,000, a level unseen since 2016.
Read More »New Wildfire Risk Assessment Announced for California Property Owners
According to a new CoreLogic report, California remains the state most at risk for property damage from wildfires, with CoreLogic’s 2022 Wildfire Risk Report estimating that more than 1.2 million single-family homes are vulnerable.
Read More »Market Forecast Calls for Possible Jump in Foreclosure Auction Volume
According to a new report from Auction.com, experts predict a possible 24% increase in foreclosure auction volume in 2023, after demand for distressed properties shifted lower over the last three quarters of 2022.
Read More »Millennials Make Up the Largest Share of Homebuyers Nationwide
According to a new report from LendingTree, millennials surpass older and wealthier generations when it comes to homeownership, having dominated the housing market for the past decade.
Read More »Mortgage Delinquencies Tick Up in Q4 of 2022
According to a new report from the Mortgage Bankers Association, the delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of nearly 4%.
Read More »Single-Family Housing Completions Up 12% YoY
“Single-family completions have outpaced housing starts since July 2022, and that will likely put some downward pressure on the numbers of single-family homes under construction in the months ahead,” said First American Deputy Chief Economist Odeta Kushi.
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