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Market Studies

Homebuyer Competition Falls to Early-Pandemic Levels

Now recording its sixth month of decline, homebuyer competition has now fallen to levels seen during the initial throes of the pandemic.  According to Redfin, 44.3% of home offers written by their agents faced competition in July 2022. This seasonally-adjusted ...

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Most Metro Areas Post Double-Digit Q2 Price Gains

Despite market influences that are pushing up mortgage rates and slumping home sales numbers during the second quarter of 2022, most metropolitan areas still saw double-digit annual price gains compared to the previous quarter.  This new information comes by way ...

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‘Stale’ Housing Inventory Rises in July

The share of U.S. homes that were listed for 30 days or longer without going under contract increased 12.5% in July from a year earlier, according to a new report from Redfin. the technology-powered real estate brokerage. In other words, ...

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How Is ‘Seasonality’ Impacting Foreclosure Rates?

REO bank owned

ATTOM Data, has released the latest iteration of its Foreclosure Market Report for July 2022 and found that there were a total of 30,358 properties with some form of foreclosure filing against it.  Default notices, scheduled auctions, and bank repossessions ...

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Housing Markets Transition Toward New Normal

New data from Realtor.com and the Wall Street Journal revealed the economy and housing markets are moving through a transition toward a new normal this summer, as consumers maintained an active pace of retail spending —even with surging inflation— as ...

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July Bankruptcies Fall 5% YoY

Epiq, an Atlanta-based provider of intelligence to the legal services industry, has released its July 2022 bankruptcy filing statistics from its new Bankruptcy Analytics platform which found that filings decreased by 4.0% last month representing 30,848 filings of all types, ...

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