Housing

Home Mortgage Delinquencies Decline Slightly but Remain High in June
Home mortgage delinquencies were higher year over year in June but down slightly from May's total.
Paul Ausick
16 days ago

Will 52% of Young Adults Living at Home Undermine Housing Prices?
Many people who live at home today will not have the financial means to buy a home later, and demand for homes at the less expensive end of the market will suffer, undermining the housing market.
Douglas A. McIntyre
17 days ago

Despite Weak Renting Trends, Top Apartment REIT Dividends Offer Upside Ahead
Here are 10 of the nation's largest apartment and other residential rental companies that rent to millions of Americans and have dividends that are handily above long-term Treasury yields.
Jon C. Ogg
28 days ago

Return of the Zombie Foreclosure: Taking Over Homes Where No One Lives
So-called zombie foreclosures were part of the mortgage landscape in the Great Recession, and new research shows that they are back.
Douglas A. McIntyre
29 days ago

Island, With Some Houses, For Sale in Minnesota
Private islands with homes are rare. In areas, like the Gulf shore and warm areas like the Caribbean, they are occasionally available. Less so in the areas of the northern United States. However, one...
Douglas A. McIntyre
1 month ago
Last Updated: 1 month ago

Home Mortgage Delinquencies at 5-Year High, Likely to Get Worse
Overall mortgage delinquencies rose to their highest level in more than five years in May. The COVID-19 pandemic and recession have made it hard for homeowners to meet monthly mortgage payments.
Paul Ausick
1 month ago

This Is the Only Major American City Where Home Prices Fell in May
Despite the pandemic, home sales have boomed in the past several months. Only San Francisco saw prices droop in May.
Douglas A. McIntyre
1 month ago

America's Imminent Risk of Millions of Evictions
With limited job prospects and with many businesses closed or at reduced capacity, millions of American renters may be evicted from where they live.
Jon C. Ogg
2 months ago

How All-Time Low Mortgage Rates Spur Refinance and New Purchase Applications
Record-low mortgage rates have led to a jump in applications for refinancing. But lenders are becoming more cautious.
Paul Ausick
2 months ago

Home Mortgage Delinquencies Soar to a 4-Year High
Mortgage loan delinquencies soared in April after posting monthly declines for more than two years. Foreclosures remained subdued, but that may change once the federally mandated forbearance period...
Paul Ausick
2 months ago

Existing Home Sales Continue to Drop, but Realtors Are Optimistic
Existing home sales plunged in May, according to the National Association of Realtors. But does this represent a bottom in the market?
Chris Lange
3 months ago

New Home Sales Surged in May
New home sales surged in May to an annualized rate of 676,000. The month-over-month growth was largely due to a substantial downward revision in the estimates for April.
Paul Ausick
3 months ago

What's Up With the Housing Market?
Demand for housing has increased to levels higher than were present before the COVID-19 pandemic hit the United States.
Paul Ausick
3 months ago

Despite COVID-19 Recession, America's Housing Markets Suddenly Face Bidding Wars
Redfin announced on Monday that almost half of all offers on home purchases faced competition in May as optimism about the state of the economy began to rise.
Jon C. Ogg
3 months ago

Would Delayed IPO Ding Fannie Mae Stock?
Government backing of Fannie Mae and Freddie Mac looks crucial as the pandemic impacts mortgage delinquencies.
Carl Sullivan
3 months ago