The Fall 2021 RealtyTrac Investors Purchase Report shows that investors are typically paying less for homes than consumer buyers, and most are paying with cash.
Katie Jensen is a mortgage news reporter at NMP.
The Fall 2021 RealtyTrac Investors Purchase Report shows that investors are typically paying less for homes than consumer buyers, and most are paying with cash.
New Jersey, Illinois, and Delaware had the highest concentration of high-risk markets in the third quarter.
With racism 'grandfathered in' to housing prices in minority neighborhoods, a solution to 'unconscious bias' is difficult to find
In September, demand for second homes was 60% higher than it was before the coronavirus pandemic.
Forbearance decreased by 34 basis points from 2.62% of servicers' portfolio volume the previous week to 2.82%.
Homebuyers are finding slightly more selection, more price cuts, and a bit more time to evaluate a home before it goes under contract.
For seniors who still have a mortgage, 40% are looking to use the equity they’ve built to eliminate their monthly payment.
The ESR Group expects The Federal Reserve to begin tapering assets in the purchase program by the end of the year.
New survey findings from Freddie Mac reveals that it’s hard being a single female head of household (SFHOH), and it’s getting even harder as housing costs continue to rise.
In the first half of 2021, the national average closing costs for single-family homes were $6,837 including taxes, and $3,836 excluding taxes.