The Consumer Financial Protection Bureau (CFPB) has recently proposed a rule to remove medical bills from most credit reports and prevent debt collectors from using the credit reporting system to collect debt. This new rule aims to eliminate $49 billion of medical debts that unjustly lower credit scores for 15 million people. CFPB Director Rohit […]
CFPB Wants to Ban Medical Bills from Credit Reports Read More »
According to ATTOM Data’s May 2024 U.S. Foreclosure Market Report, there were 32,621 U.S. properties with foreclosure filings in May. This is a 3% increase from the previous month but a 7% decrease from the previous year. The data shows that one in every 4,320 housing units nationally had a foreclosure filing in May. The
According to the most recent CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, rose by 5.3% year over year in April 2024, which is consistent with March. However, CoreLogic predicts that by Spring 2025, national price gains will slow to 3.4%, with only a few states seeing increases of more than
CoreLogic Says Single-Family Home Price Appreciation was 5.3% in April Read More »
According to the latest ICE Mortgage Monitor (formerly Black Knight), the national delinquency rate eased to 3.09% in April, a 22 basis point improvement over last year. In addition, they report that delinquencies fell to their lowest level since the record low of March 2023. The ICE Mortgage Monitor provides a view of the current
WalletHub says the average American can expect to move an estimated 12 times in a lifetime. They say moving can be a sign of opportunity, prompted by a new job or long-term wealth accumulation, but people may also move because of instability such as foreclosure or job loss. With that in mind, they compared over
WalletHub’s Best & Worst Places To Raise a Family – 2024 Read More »
How Established Timelines Protect Your Investment By David Pickron Maybe nowhere does the saying “time is money” apply greater than it does in our industry. For each of us, we are well aware of the expense of having a property sit empty for a month or more, painfully knowing the impact it has on our
How Established Timelines Protect Your Investment Read More »
Omaha Beach today. Yesterday marked the 80th anniversary of Operation Overlord (D-Day) on June 6, 1944, when nearly 160,000 allied troops, led by the United States, invaded occupied France, signaling the beginning of the end for Nazi Germany. The infographic below from Encyclopedia Britannica provides a snapshot of that historic day. Many of the brave
According to the April 2024 U.S. Foreclosure Market Report by ATTOM, there were a total of 31,649 U.S. properties with foreclosure filings, which is a 4% decrease from March and a 4% decrease from the previous year. This means that one out of every 4,453 housing units had a foreclosure filing during this period. The
Top 10 Counties with the Highest Number of Foreclosure Initiations Read More »
According to the most recent New Home Lot Supply report from Zonda, in Q1 2024, there was a tightening of lot supply year-over-year across the U.S. The report notes that lot inventory remains “significantly undersupplied” in most markets, and this trend reflects the increased construction activity in recent quarters. Ali Wolf, the chief economist at
The number of available lots for new homes has decreased compared to the previous year. Read More »
Zumper has compiled a list of the best cities for singles based on factors such as median rent, percentage of single population, cost of living, median income, unemployment rate, and access to dining and entertainment. They have identified the top 10 states for singles, including Atlanta, GA; St. Louis, MO; Minneapolis, MN; Boston, MA; Madison,