Buying a home is typically the largest purchase one makes in their lifetime and new data from Bank of America shows that the locations and feelings of family are a huge factor for first-time buyers looking to get into the market. According to ...
Read More »East Coast Properties More Likely to Suffer COVID-19 Woes
Chicago and New York City remain the most exposed to the potential impact of the pandemic, with housing markets in central and western regions less at-risk.
Read More »The Week Ahead: New CFPB Chief to Deliver Report to Congress
Rohit Chopra will testify before the Senate Committee on Banking and provide an update on the latest actions the Bureau is taking to protect the nation’s consumers.
Read More »Roc360 Successfully Issues Three Securities Worth $200 Million
Roc Capital Holdings LLC (Roc360) has announced the closing of its first round of syndicated revolving securitization of residential transitional loans. Roc36, a digital platform for residential real estate and an originator of investor-level loans, acted as a sponsor through ...
Read More »Home Supply to Demand Imbalance Continues
The pace of the housing market has accelerated at a time when it typically slows, as 44% more homes are pending sales than at this time in 2019.
Read More »Real Estate Investors Getting More Bang for Their Buck
Investors are buying up more real estate and paying less for it, as a new report finds investors now account for 15% of all residential property purchases.
Read More »How Much Impact Are Distressed Sales Having on Housing?
Sales of already-built existing homes increased in September in each of the four major regions monitored by the National Association of Realtors (NAR). According to a new report published by the NAR, total existing home sales (which includes single-family homes, townhomes, condominiums, and co-ops) rose ...
Read More »First Mortgage Default Rates: September Update
Data from the S&P Dow Jones Indices and Experian examines the latest and compares mortgage default rates to those of bank cards and auto loans.
Read More »Home Sales, Median Price Slip in September
RE/MAX has released its National Housing Report for September 2021, which found that 2021 is starting to resemble a traditional year and mirroring seasonal norms as September home sales dropped 7.0% from August and the Median Sales Price slipped 1.1% to $329,000. Even with the seasonal cooling that is ...
Read More »New Homebuyers Finding the ‘Well Has Run Dry’
Supply chain issues for builders has contributed to a severe lack of inventory, which restricted home sales in September.
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