Decline
80% Annual Decline in Foreclosures Show Prevention Measures are Working
The various types of foreclosure filings – default notices, scheduled auctions, and actual lender repossessions – declined in November. RealtyTrac, a subsidiary of ATTOM Data Solutions said the aggregate of these legal actions totaled 10,042 during the month. This is a decline of 14 percent from October and 80 percent from a year earlier. Much […]
NAR Study Shows Decline in International Home Buyers
A new study from the National Association of REALTORS® found a decline in the number of foreign homebuyers in the U.S. as well as the total sales volume. www.nar.realtor – Real Estate Story Ideas
Forbearances Decline for Second Week; Rates Are Not 1.99%
Two entities, Black Knight and the Mortgage Bankers Association (MBA) have been tracking loans in forbearance plans since the start of the pandemic. They have diverged a bit in their numbers over the last half year, but both agree, in their most recent reports, that there are now fewer than 4 million borrowers in plans. […]
Homebuyer Sentiment Continues Previous Decline
Fannie Mae’s Home Purchase Sentiment Index (HPSI) faltered a bit in July as it tried to recover from its 29.5-point aggregate plunge in March and April. The index, derived from six questions on the National Housing Survey (NHS), decreased 2.3 points in July to 74.2. Three of the components deceased from June levels, led by […]