Fewer

Fewer Homes Being Flipped, But Profits Are Up

One out of every 15 home sales in the second quarter of the year were defined as “flips” by ATTOM Data Solutions.  A flip is any arms-length transaction that occurred in the quarter where a previous arms-length transaction on the same property had occurred within the last 12 months. ATTOM’s second quarter report on flipping […]

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Fewer Forbearances; More Homebuilding; Higher Ficos; Lowest Rates

There was another decline in forbearance starts this past week and the number of loans in active plans also fell for the third straight week. Black Knight’s weekly report on COVID-19 related forbearances reported a total of 4.12 million loans that have been granted forbearance, allowing borrowers to omit or reduce mortgage payments due to […]

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