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CoreLogic: Delinquencies, foreclosures stay the course in ‘relatively solid’ housing market

CoreLogic: Delinquencies, foreclosures stay the course in ‘relatively solid’ housing market

by Third Party | Jul 13, 2022 | Industry Updates, Real Estate News

Source: Scotsman Guide —  April marked one year and one month of delinquencies dropping on a yearly basis, with delinquent mortgages sliding 1.8% annually to 2.9% of all loans, according to CoreLogic’s latest Loan Performance Insights report. On a monthly basis,...
Rental Market Tracker: Asking Rents Rise 14% in June, the Smallest Increase Since October

Rental Market Tracker: Asking Rents Rise 14% in June, the Smallest Increase Since October

by Third Party | Jul 13, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Redfin —  Rent increases tapered off in June, with the national median asking rent rising 14% from a year earlier—the smallest annual increase since October. Asking rents were up 0.7% from May, the smallest month-over-month gain since the start of the...
Real Estate Markets Dictate Adding or Waiving Appraisals

Real Estate Markets Dictate Adding or Waiving Appraisals

by Third Party | Jul 12, 2022 | Real Estate Agent Tools, Real Estate News

Source: Realty Biz News —  When you set out to purchase a home as buyer you will eventually find a property you love. At that point, you’ll sit down and construct on offer to purchase. The offer will spell out all of the common terms and conditions such as the...
Homebuyers are canceling deals at the highest rate since the start of the pandemic

Homebuyers are canceling deals at the highest rate since the start of the pandemic

by Third Party | Jul 12, 2022 | News/Current Events, Real Estate News

Source: CNBC —  Americans are canceling deals to buy homes at the highest rate since the start of the Covid pandemic. The share of sale agreements on existing homes canceled in June was just under 15% of all homes that went under contract, according to a new...
Should I wait for real estate prices to crash before I buy a house? Here are 3 simple reasons why this housing downturn is nothing like 2008

Should I wait for real estate prices to crash before I buy a house? Here are 3 simple reasons why this housing downturn is nothing like 2008

by Third Party | Jul 12, 2022 | Industry Updates, Mortgage Information, Real Estate News

Source: Yahoo Finance —  Two years in, this decade has already brought a global pandemic, record-setting inflation, rising interest rates and a country more divided than ever before. So why not a housing crash too? Americans who lived through the 2008 crisis may...
Housing Market Competition in U.S. Eases This Summer

Housing Market Competition in U.S. Eases This Summer

by Third Party | Jul 11, 2022 | Industry Updates, Real Estate News

Source: World Property Journal —  Based on new data from national property broker Redfin, after years of tipping heavily in sellers’ favor, the scales of the U.S. housing market are finally balancing out. Soaring housing costs caused many house hunters to...
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