As winter arrives, particularly in the northern regions of the country, today’s visuals from Weather.gov serve as a valuable reminder on how to handle snowy conditions. It is essential to share these graphics and prioritize safety. Have a wonderful and safe Friday! Additionally, credit goes to Weather.gov for providing this information. Visit their website for […]
According to Black Knight’s latest Mortgage First Look, the national delinquency rate decreased by 3 basis points to 3.26% in October. This represents a 9 basis point improvement compared to the same time last year. However, foreclosure starts increased to 33,000 in October, reaching their highest levels in 18 months. Meanwhile, the number of foreclosure
Foreclosure initiations surged in October – Real Estate Investing Today Read More »
According to Statista, a free press is crucial for holding governments accountable and informing the public, allowing voters to engage in political discussions and make informed decisions. However, Gallup data cited by Statista shows that an increasing number of Americans no longer trust the media. This situation reminds us of the saying “trust, but verify.”
A Unique Perspective: Thanksgiving is a holiday holds a special place in the hearts of many, as it brings families together to celebrate and give thanks for the blessings in their lives. However, Thanksgiving is not only about delicious meals and quality time with loved ones; it also provides an interesting lens through which we
According to a recent analysis from Zillow, more couples are using wedding registries to seek financial assistance in purchasing their first home. The data reveals that the number of couples including “home funds” in their wedding registry has increased by 55%. Approximately 20% of couples registered on The Knot, a popular bridal registry site, are
More Couples are Using Wedding Registries for Help Buying First Home Read More »
According to ATTOM Data’s Q4 2023 Vacant Property and Zombie Foreclosure Report, there were approximately 1.3 million vacant residential properties in the United States. This accounts for 1.27% of homes nationwide, or one in every 78 homes. The vacancy rate remained virtually unchanged from the previous quarter. The report also revealed that there were around
The fourth quarter sees an increase in zombie foreclosures Read More »
The U.S. government has released data on national vacancy rates for Q3, 2023. The vacancy rates for rental housing were reported at 6.6%, while for homeowner housing, the rates were 0.8%. The homeownership rate for Q3, 2023 was 66%. Out of all housing units in the United States during this period, approximately 89.6% were occupied
According to a report from Reuters, a federal court in Kansas City, Missouri has ruled in favor of the plaintiffs in a class action lawsuit against the National Association of Realtors (NAR), awarding them $1.78 billion in damages. The lawsuit represented sellers of over 260,000 homes in Missouri, Kansas, and Illinois between 2015 and 2022
According to the National Association of Realtors (NAR), pending home sales increased by 1.1% in September 2023. The NAR’s Pending Home Sales Index, which is based on contract signings, recorded a value of 72.6 for September. However, the NAR reports that all four regions in the United States experienced a decline in transactions compared to
September saw a 1.1% increase in pending home sales – Real Estate Investing Today Read More »
According to the U.S. Government, sales of new single-family houses in September 2023 reached a seasonally adjusted annual rate of 759,000, marking a 12.3% increase from the revised rate in August and a 33.9% increase from the same period last year. The median sales price for these new houses was $418,800, while the average sales
In September, there was a notable increase of 12.3% in new home sales. Read More »