Residential Archives - Page 12 of 15

May 8, 2020

The Number of Home Listings Plummeted in April as Coronavirus Took Its Toll

April is usually one of the busiest months for the housing market, as the spring home-buying season is well underway. Not this year. The novel coronavirus has dealt the real estate market a series of...

May 6, 2020

Where the Market Has Stalled: 10 Cities With the Steepest Drops in New Listings

Springtime in the United States looks a whole lot different this year. No kids playing on playgrounds or filing into classrooms. No groups of friends sitting at sidewalk cafes to enjoy the warmer weather. Beaches...

May 4, 2020

Why Does My Mortgage Keep Getting Sold?

A letter arrives in the mail and tells you your mortgage has been sold. It also informs you to send your monthly payments to a new address. Don’t panic! This happens all the time, and...

April 30, 2020

The No. 1 mistake to avoid if you’re skipping your mortgage payments

Homeowners who have received mortgage forbearance need to weigh options carefully to ensure that they’re not just kicking the can down the road How will I pay my mortgage? That’s the question facing millions of...

April 27, 2020

These markets could see the sharpest drop in home prices during coronavirus pandemic

In the first two weeks of March, new listings were up 5% annually on average. By the second week of April, they were down 47%, according to realtor.com. Both homebuyer and seller demand have weakened...

April 24, 2020

Single-Family Rental Sector Poised for Strong Rebound

Some investors raise concerns on rental revenue and occupancy rates, but the sector should be well-positioned over the long term. The single-family rental (SFR) sector is well-positioned for a rebound once widespread economic activity resumes,...

April 23, 2020

March home sales drop 8.5% as sellers take properties off the market – and the coming months look worse

Sales of existing homes fell a wider-than-expected 8.5% in March compared with February to an annualized pace of 5.27 million units, according to the National Association of Realtors’ seasonally adjusted index. Sales of existing homes...

April 17, 2020

U.S. Property Taxes Levied on Single Family Homes in 2019 Increased to More Than $306 Billion

Average Property Tax Was $3,561, Up 2 Percent with an Effective Tax Rate of 1.14 Percent; Highest Effective Tax Rates in Illinois, New Jersey, Texas, Vermont, Connecticut IRVINE, Calif. – April 9, 2020 — ATTOM...

April 13, 2020

U.S. Housing Markets Vulnerable to Coronavirus Impact Clustered in Northeast and Florida

Nearly Half of the 50 Most Vulnerable Counties in New Jersey and Florida; Midwest and West Regions Less At Risk of Housing-Market Challenges IRVINE, Calif. — April 7, 2020 — ATTOM Data Solutions, curator of...

April 3, 2020

Home Affordability Improves for Average U.S. Wage Earners to Best Level in Over Two Years

Home Ownership Consumes 31.1 Percent of Average Wage in First Quarter 2020; Home Prices Still Unaffordable in 66 Percent of Local Markets IRVINE, Calif. – March, 26, 2020 — ATTOM Data Solutions, curator of the...