Analysis and Data
ATTOM attributes the decline in foreclosure rates and the low number of zombie foreclosures to high homeowner equity.
Led by a drop in refinance activity from record-highs, applications decrease
In its latest commentary, the GSE's research group doesn't expect a notable sales boost until well into 2025
Although revenue fell slightly, average production costs dropped by about $1,800 per loan.
Ramifications of NAR settlement to strain profits for lean-margin real estate brokerages
First American also reported house prices nationally are now 55% higher compared to pre-pandemic levels, while Redfin reported a 0.2% uptick in home prices.
More home-purchase agreements canceled than any other July on record
Renting was cheaper in 48 of the top-50 markets in Q2 2024, but only 29 states when accounting for home equity gains
Matching a summer decline in sentiment, builders continue to grapple with high construction and development costs
Low affordability causing buyers to hesitate has led more builders to cut prices so as to bolster sales