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Who Were REO Auction Buyers in 2021?

Who Were REO Auction Buyers in 2021? According to Auction.com’s Daren Blomquist, most REO auction buyers in 2021 were owner-occupants or local community developers.   Of those buyers, 99% purchased five or fewer properties with 74% of those properties being located within 100 miles of where they live.  The U.S. states with the highest share of

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NAHB Housing Trends Report for Q4 2021

NAHB Housing Trends Report for Q4 2021 According to the NAHB’s Q4 Housing Trends Report, the share of adults planning to buy a home within 12 months fell for two consecutive quarters, going from 17% in Q2, to 16% and 15% in Q3 and Q42021, respectively.  The goal of the quarterly report is measure prospective

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2021 Ends With Foreclosures at All-Time Low

2021 Ends With Foreclosures at All-Time Low According to Black Knight’s “first look” report for December, 2021, the national delinquency rate ended the year at 3.38%, which report is just 0.1% above February 2020’s near record-low of 3.28% (right before the pandemic).  However, they point out that over half a million excess serious delinquencies remain

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