CoreLogic Says Mortgage Delinquencies Continue to Fall
According to the latest The CoreLogic Loan Performance Insights Report the serious delinquency rate for February 2022 fell to 1.6%, down from 3.7% in February, 2021. In addition, in February 3.2% of all mortgages in the U.S. were in some stage of delinquency representing a 2.5 pRead More
Housing Market Will More Likely Plateau, Not Crash
CNBC’s Diana Olick says the housing market isn’t going to crash, but some sort of plateau is more likely. She discusses the state of the current housing Market slowdown on CNBC’s “The Exchange.” Changes in a $ 300k home in 2019 versus 2022. Click here to watch Read More
AAA Says 39.2 Million Americans Will Travel Over Memorial Day
The unofficial start of Summer (aka Memorial Day) is coming up fast and along with that reminder comes AAA’s annual travel forecast. This year, even with rising gas prices, the venerable AAA predicts that 39.2 million Americans will travel 50+ miles from home this MemorialRead More
Redfin Says Sellers Rushing to Find Buyers Before Demand Weakens Further
According to a new report from Redfin, says the housing market is shifting toward homebuyers’ favor as more sellers came to the market during the four weeks ending May 15, 2022. They said new listings climbed nearly twice as fast as they did at this time last year and the Read More
Housing Starts & Building Permits Dip in April
The U.S. government is reporting that privately‐owned housing starts in April were at a seasonally adjusted annual rate of 1,724,000, which is 0.2% lower than March’s revised number and 14.6% higher than one year ago. April’s rate for units in buildings with five units or more wRead More
Cities With Most Apartment Space Per Person in 2022
RentCafe says millions of Americans have been working and living in the same place for more than two years, and, consequently, the need for privacy is higher than ever. With that in mind, they point out that over the last 10 years the amount of living space per renter has been dRead More