Foreclosure Starts Decline Nationally Yet Distress Rises in Key Counties
Foreclosure Starts Fall 7.6% Nationally, But These Key Counties Show Rising Distress Despite a national decline in foreclosure starts, certain counties across the United States are experiencing a rise in financial distress, signaling potential trouble spots within the housing market. According to recent data, foreclosure starts fell by 7.6% nationally in the last quarter, pointing […]
Will Mortgage Rates Continue to Decline After Reaching a Three-Year Low?
Mortgage Rates Fall to a Three-Year Low—Will They Keep Dropping? In a surprising turn of events for the real estate market, mortgage rates have plummeted to their lowest point in three years, sparking widespread interest among potential homebuyers and current homeowners looking to refinance. This decline comes amidst a backdrop of economic uncertainties and market […]
Decline in Condo Investments Signals Shift in Real Estate Market Trends
A recent report from Redfin says investor purchases of condos fell 3% year over year to the lowest level in 10 years, driven largely by investors retreating from Florida. They say fewer condos are being bought because the condo market is slowing faster than the overall housing market, with buyers concerned condos will lose value. […]
Real Estate Market Faces Decline in June: Analyzing the Impact on Investors
NAR Report The National Association of Realtors is reporting that existing home sales were down 2.7% in June, 2025 to a seasonally-adjusted annual rate of 3.93 million. Total housing inventory at the end of June was 1.53 million units, down 0.6% from May and up 15.9% from one year ago. Unsold inventory sits at a […]
Get Ready: Preparing for the Upcoming Decline in Mortgage Rates
Get Ready: Preparing for the Upcoming Decline in Mortgage Rates As global markets continue to adapt to the changing economic landscape, one key area drawing the attention of homeowners, prospective buyers, and investors alike is the mortgage industry. Economists and financial analysts are hinting at a potential decline in mortgage rates in the near future, […]
The Rise of Automation: The Decline of Traditional Property Management
Title: The Rise of Automation: The Decline of Traditional Property Management In recent years, the property management industry has experienced a paradigm shift largely driven by advances in automation and technology. As digital tools become more sophisticated, traditional property management is being reshaped, promising greater efficiency, convenience, and cost-effectiveness for landlords, property managers, and tenants […]
Despite profits continuing to rise, the activity of flipping has seen a decline.
The latest U.S. Home Flipping Report from ATTOM reveals that in Q3, 2023, a total of 72,543 single-family houses and condominiums were flipped, accounting for 7.2% of all home sales during that period. ATTOM also reports that investor returns have been increasing for the past three quarters, with margins and raw profits reaching their highest […]
Trust in media reaches new low
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.” […]
September saw a 2% decline in the sales of existing homes, according to authentic data.
The National Association of Realtors (NAR) has reported a 2% decline in existing home sales for September, with a seasonally-adjusted annual rate of 3.96 million. This represents a 15.4% decrease compared to the previous year. Despite a 2.7% increase in total housing inventory from August, the inventory is still 8.1% lower than a year ago, […]
The August report reveals a decline of 8.7% in new home sales.
According to the U.S. Government, new single-family home sales in August 2023 were at a seasonally adjusted annual rate of 675,000, which is 8.7% lower than the revised rate for July and 5.8% higher than the previous year. The median sales price for new homes sold in August was $430,300, with an average sales price […]