Tuesday , 26 January 2021

Data

The Surge in Sight-Unseen Property Purchases

Economists say the increased use of live-video home tours, coupled with more people relocating, is “here to stay,” and the majority of homebuyers in 2021 will make offers before seeing a house in person. The post The Surge in Sight-Unseen Property Purchases appeared first on theMReport.com.

Read More »

The Most Expensive Towns Across America

A new report from LendingTree evaluates the top 50 American towns with populations under 50,000 with the most expensive median home values. Vineyard Haven, Massachusetts; Summit Park, Utah; and Jackson, Wyoming boast the nation’s most expensive home prices. The median home prices in these towns are $667,400, $598,900 and $563,100 respectively—which means the cost of … The post The Most …

Read More »

Household Formation Rates Falter Amid COVID-19

Americans are forming households at lower rates than before the Great Recession, according to new data published by Zillow. This development, which spans all age and racial/ethnic demographics, took root in 2020 and reverses the rising level of household formation rates that occurred in 2018 and 2019. As a result, Zillow estimated there are 5.7 … The post Household Formation …

Read More »

Status Updates From Fannie and Freddie

Fannie Mae and Freddie Mac released monthly summary reports covering October. The reports contain information about the GSEs’ monthly and year-to-date activities related to gross mortgage portfolios; mortgage-backed securities; and other guarantees, interest rate risk measures, serious delinquency rates, and loan modifications. The full Fannie report can be found on Fanniemae.com. The following are the … The post Status Updates …

Read More »

Why Have Pending Home Sales Declined?

The National Association for Realtors (NAR) released its latest Pending Home Sales Index for October today, showing that pending home sales experienced a slight decline in last month, dropping by 1.1% from September. Only states in the South had month-over-month gains. Despite this decline, contract signings are still 20.2% higher nationally than they were a … The post Why Have …

Read More »

The Safest Cities to Live in 2020

2020 has posed new safety concerns across the country—from spikes in COVID-19 cases, to recent wildfires, storms, and other natural disasters. Still, problems like crime and financial safety continue to be cause for concerns for many cities. WalletHub recently released a report which analyzes data from 182 U.S. cities, including 150 of the nation’s most … The post The Safest …

Read More »