ATTOM’s October 2024 U.S. Foreclosure Market Report According to ATTOM’s October 2024 U.S. Foreclosure Market Report, there were a total of 30,784 U.S. properties with foreclosure filings. This figure is 4% higher than September and 11% lower than one year ago. Across the country, one out of every 4,578 housing units had a foreclosure filing […]
Foreclosure activity saw an increase in the month of October. Read More »
ATTOM Data’s Q4 2024 Vacant Property and Zombie Foreclosure Report According to ATTOM Data’s Q4 2024 Vacant Property and Zombie Foreclosure Report, there were nearly 1.4 million residential properties in the U.S. sitting vacant in Q4. That figure represents 1.3%, or one in 77 homes, across the nation – roughly the same as in the
Decrease in Zombie Foreclosures – Real Estate Investment News Read More »
Top 10 States with the Lowest Cost of Living We’ve had a lot of posts related to the cost of living and how it affects real estate and quality of life. With that in mind, a recent report from Realtor.com reveals their list of the top 10 states with the lowest cost of living. The
10 States With the Most Affordable Cost of Living Read More »
National Association of Realtors Reports Decrease in Existing Home Sales The National Association of Realtors latest report reveals a 1% decrease in existing home sales in September, with a seasonally-adjusted annual rate of 3.84 million – marking a 3.5% decline year over year. Total housing inventory at the end of September was 1.39 million units,
September saw a 1% decrease in existing home sales. Read More »
Americans’ Transportation Preferences in 2022 Citing government data, Statista reports that approximately nine out of ten trips in the United States were taken using a car, SUV, pickup truck, or van in 2022. This data highlights the strong preference for personal vehicles among Americans. In contrast, walking accounted for a significantly smaller share of total
The Decline in Mortgage Demand for Second Homes We recently posted about how there are around 6.5 million second homes in America. With that in mind, a recent report form Redfin says mortgage demand for second homes has fallen to an 8-year low. Specifically, they say mortgage-rate locks for second homes fell 13.1% year over
Demand for mortgages for second homes has dropped to its lowest level in eight years. Read More »
CoreLogic Home Price Insights Report: July 2024 According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased year over year by 4.3% in July 2024 compared with July 2023. On a month-over-month basis, home prices grew by 0.01% in July 2024 compared with one year ago. CoreLogic says
Labor Day: A Brief Overview This Monday, September 2nd is Labor Day. The annual 3-day weekend marks the unofficial end of Summer and ushers in the cool Fall season – although Fall doesn’t officially begin until September 22nd. Today’s graphic gives us the “Reader’s Digest” version of Labor Day facts. As always, stay safe and
Celebrate Labor Day 2024 with the Latest Real Estate Investment Trends Read More »
According to the most recent CoreLogic Home Price Insights (HPI) report, home prices in the U.S. saw a year-over-year increase of 4.7% in June 2024 compared to June 2023. Month-over-month, there was a 0.3% growth in home prices in June 2024 compared to May 2024. This marks the 149th consecutive month of year-over-year home price
The most recent report from the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index showed a 5.9% annual increase in May 2024. The 10-City Composite saw a 7.7% increase, while the 20-City Composite saw a 6.8% increase year-over-year. According to Brian D. Luke, Head of Commodities, Real & Digital Assets at S&P Dow Jones
S&P CoreLogic Case-Shiller surpasses last month’s record high. Read More »