Top Counties with Highest Foreclosure Increases as Starts Rise 19%
Foreclosure Starts Surge by 19%: Spotlight on the Hardest-Hit Counties The American housing market is again facing significant turbulence, as recent data reveals a marked increase in foreclosure starts. Rising by 19%, this troubling trend signals potential distress within various segments of the population and could have widespread implications for the broader economy. Foreclosure starts—defined […]
Top 6 States with Highest Eviction Rates: Key Investment Insights
Title: Understanding the Six States with the Highest Eviction Filings: Implications for Real Estate Investors As the cost of living continues to rise, eviction filings have emerged as a significant concern in several states across the U.S. This dynamic presents both challenges and opportunities for real estate investors. Understanding which states have the highest eviction […]
Investor-Owned Home Sales Reach Highest Levels in Decades
In This Article Real estate investors are eschewing the tried-and-trusted strategy of buying and holding assets for the long term and jettisoning their rental properties to escape a softening market, according to a new report from Realtor.com. Data from Realtor.com’s Investor Report showed that about 11% of all homes sold in the U.S. last year […]
Freddie Mac's Serious Delinquency Rates Are Down, While Multifamily Distress is the Highest Since 2011
In This Article There’s some good news regarding late mortgage payments. Freddie Mac, the government-affiliated home loan backer, reported that serious delinquencies for single-family homes—individuals three months or more behind on their mortgage payments—decreased in April compared to March. The Slide Into Foreclosures for Single-Family Homes Appears to Have Eased The exact numbers that have […]
33.2% of Listed Homes Have Cut Prices, The Highest Mark For February in Over a Decade
In This Article Remember the heady months after the pandemic, when interest rates and inventory were at rock bottom, and house prices and bidding wars for them were through the roof? They have long vanished from sight. Conversely, the number of homes with price reductions has steadily increased in recent weeks. So, is it a […]
Top 10 Counties with the Highest Number of Foreclosure Initiations
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 […]
America’s Top 50 Cities with the Highest Rat Population
According to pest control and rodent removal company Orkin, Chicago has once again claimed the top spot on their Top 50 Rattiest Cities List for the ninth year in a row. Los Angeles has moved up to the second position, while New York has dropped to third. Orkin determines the rankings based on the number […]
Top American Cities with the Highest Airbnb Concentrations
According to a graphic from Statista, Hawaii has the highest density of Airbnb rentals out of all U.S. cities and regions analyzed by InsideAirbnb in June 2023. With 32,597 Airbnb listings for an estimated 1.4 million inhabitants, it surpasses other cities in terms of Airbnb density. You can view the graphic here. Stay safe and […]