On average, foreclosures across the country have been much lower than they were a year ago. However, according to ATTOM Date Solutions, foreclosure starts are on the rise in a few heavily populated counties. In January 2021, the U.S. Market ...
Read More »Even With Record-Low Rates, Most Metros Aren’t Affordable
Interest rates on 30-year mortgages are at historic lows, but that hasn’t helped make homes any more affordable for the average American, according to the Federal Reserve Bank of Atlanta’s Home Ownership Affordability Monitor (HOAM) index. Household incomes have dipped, and ...
Read More »Low Foreclosure Rates May Obscure ‘Market Reality’
Despite CARES Act protections, some states have reported an increase in foreclosure starts. Here's a look at the state of the market as 2021 began.
Read More »A Growing Number of Millennials Say ‘No’ to Homeownership
A sizable percentage of younger Americans say they can’t afford to purchase homes and never plan to stop renting.
Read More »Urban Exodus Isn’t a Nationwide Phenomenon
The suburbs may be red hot when it comes to the real estate market, but the data shows that urban areas may be white-hot. Zillow reports that metropolitan areas in the Midwest, which tend to be less expensive than the ...
Read More »Increased Migration Leads to Shrinking Supply and More Competition
The percentage of homeowners moving from one popular metro to another is up, reducing inventory, bringing up the cost of homes, and making it difficult to move locally.
Read More »FHFA’s Stats on Mortgage Loan Performance in 2020
When the coronavirus pandemic prevented many Americans from working, many wondered what would happen in the housing market. After all, no employment, no paycheck, no paying the mortgage. The Federal Housing Finance Agency (FHFA) says that calculating the number of ...
Read More »Study: Most Americans Could Use a Third Stimulus Check
When it comes to rent and mortgage payments, many study participants fear that they will fall behind without help. That’s even more true for people of color and seniors.
Read More »The State of Housing Finance
Historically, buying has been a better investment than renting, but that may no longer be the case—that's one of several takeaways from a new report by U.S. housing researchers.
Read More »Consumers Share Housing Market Predictions for 2021
Will the market crash, and when? Is it even worth it to buy a home? A survey of over 2,000 people revealed six key predictions for the housing market in 2021.
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