Monthly payments for a starter home are unaffordable for median-income families in half of the 50 largest U.S. metros.
Higher-priced properties see largest price gains as investor purchases and market share rise
Renting was cheaper in 48 of the top-50 markets in Q2 2024, but only 29 states when accounting for home equity gains
San Jose and Las Vegas home to 27% year-over-year growth in investor purchases
July 2024 saw 31,929 properties with foreclosure filings, with the greatest numbers of foreclosure starts in California, Florida, and Texas
San Diego mortgage company reports $285.7 million in net revenue for quarter two
A lawsuit filed by loanDepot in 2023 accused Movement Mortgage of illegally luring away 25 employees over a three-month period in 2021.