...at or more than the state median: Vermont: average 34% premium over state median (numbers artificially inflated due to a single sale of a high-priced property); California: average 3.3% premium...
Read More »Search Results for: california
New Homebuyers Finding the ‘Well Has Run Dry’
...followed by 75.5% in San Jose, California; 71.4% in San Francisco, California; 69.5% in Rochester, New York; and 67.3% in Buffalo, New York. In terms of sales growth, Redfin found...
Read More »Housing Inventory Rises for the Fifth Consecutive Month
...August in 44 of the 50 largest U.S. metros, and monthly growth in these markets ranged from a low of 0.4% in San Jose, California, to 3% appreciation in Raleigh,...
Read More »Foreclosures Tick Up After Moratorium Ends
...with the greatest amount of foreclosure starts were California (3,434); Texas (2,827); Florida (2,546); New York (1,363); and Illinois (1,362). The metropolitan areas with the greatest number of foreclosure starts...
Read More »California Court Revisits Homeowner’s Bill of Rights
Borrowers regularly sue their loan servicers over alleged violations of the California’s complex Homeowner Bill of Rights (HBOR). Generally, the allegations have little merit. However, in the rare case that...
Read More »Sundae Launches Platform for Purchasing Distressed Properties
...great for a new family to call home.” Since launching in 2019 in California, Sundae has expanded to more than 15 markets nationwide, with plans to open in several new...
Read More »Congressional Push to Fund Housing in Build Back Better Act
...levels in the budget reconciliation package. This is what families across the country—from California and Arizona, to Iowa and West Virginia—voted Democrats into office to address. This is our opportunity...
Read More »Demand for Vacation Homes Slips, But Market Remains Hot
...U.S. housing market." Another outlier was found in El Dorado County, California, where second home mortgages and rate locks declined by 62.5% due to this summers wildfires in the area....
Read More »Where Wildfires Burn, All-Cash Buyers Soon Follow
...by 43%, while areas outside of the fire perimeter only dropped by 3%. "Like much of the U.S., California is facing an acute housing shortage. That means there are often...
Read More »Bankruptcies Continue Downward Trend From Peak in March ’21
...like the eviction moratorium expiring on September 30, 2021,” said Todd Madsen, senior director of Epiq Bankruptcy Analytics. “However, numerous states like California have rent reimbursement programs, with funds in...
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