Home Flipping Transactions Decline in 2023, But Profits See an Upturn In the second quarter of 2023, the U.S. witnessed a downturn in home flipping transactions, as reported by ATTOM Data. Approximately 84,350 single-family homes and condominiums were flipped during…
U.S. Existing-Home Sales See Moderate Decline in August 2023 The latest data from the National Association of Realtors reveals a modest downturn in existing-home sales during August 2023. Across the nation’s four major regions, sales experienced improvement in the Midwest,…
Total Mortgage Lending Activity Dwindles by 70% Over Two Years According to the latest quarterly 2023 U.S. Residential Property Mortgage Origination Report by ATTOM, a mere 1.25 million mortgages secured by residential property (1 to 4 units) were originated in…
Investor Activity in U.S. Residential Real Estate Sees Steep 49% Annual Decline In the first quarter of 2023, real estate investors in the United States purchased significantly fewer homes compared to the previous year, marking a substantial 48.6% decrease. This…
California Home Sales Witness Steep Decline in April Amid Mortgage Rate Surge The California Association of Realtors (C.A.R.) reports that the surge in mortgage interest rates had a profound impact on California’s housing market in April 2023, leading to a…
Redfin Anticipates Multiple U.S. Housing Market Trends for 2024 Redfin, a prominent national real estate brokerage, forecasts significant shifts towards a buyer’s market in 2024. These projections come as pandemic-induced inflation gradually recedes, mortgage rates decline, and more homeowners decide…
California Housing Market Remains Static in October Amid High Mortgage Rates The latest data from the California Association of Realtors (C.A.R.) reveals that the California housing market showed minimal movement in October 2023, with mortgage rates staying high and housing…
Residential Mortgage Lending Experiences Decline in Q3 Amid Rate Surge Residential mortgage lending in the United States witnessed a downturn in the third quarter of 2023, as revealed by ATTOM’s latest U.S. Residential Property Mortgage Origination Report. The report highlighted…
Median Home Prices See Modest 4% Annual Increase Nationwide In November 2023, existing-home sales in the United States experienced a slight uptick, breaking a five-month streak of consecutive declines, as reported by the National Association of Realtors (NAR). While sales…
Top 3 Thanksgiving Travel Destinations In 2023 Are All Florida Cities Based on new AAA research, 55.4 million travelers will head 50 miles or more from home over the Thanksgiving holiday travel period. This year’s Thanksgiving forecast is an increase…