U.S. Foreclosure Starts Reach Pre-Pandemic Levels According to ATTOM Data’s August 2022 U.S. Foreclosure Market Report, there were a total of 34,501 U.S. properties with foreclosure filings. This figure is up 14% from one month ago and 118% from the same time period a year ago. In addition, lenders started the foreclosure process on 23,952
Black Knight Says Serious Delinquencies 45% Above Pre-Pandemic Levels According to Black Knight’s “first look” report for May, 2022, the national delinquency rate on first lien mortgages fell slightly to 2.75% in May, continuing the downward trend in overall delinquencies and marking yet another new low. However, Black Knight says serious delinquencies remain 45% above
Black Knight Says Foreclosure Starts 20% Below Pre-Pandemic Levels, Despite Increase Black Knight’s Mortgage Monitor Report for January, 2022 says that despite a more than 7x increase, January’s foreclosure starts remained more than 20% below pre-pandemic levels. In addition, foreclosure starts were almost evenly split between borrowers who were already delinquent prior to the pandemic
Demand for Second Homes is 77% Above Pre-Pandemic Levels According according to a recent Redfin analysis of mortgage-rate lock data from real estate analytics firm Optimal Blue, demand for second homes remains well above pre-pandemic levels as affluent buyers continued to take advantage of remote work and low mortgage rates. A mortgage-rate lock is an
Few Cities have Average Rent Below Pre-Pandemic Levels According to Apartment List’s October National Rent Report, only a few cities still remain cheaper than what they were pre-pandemic – and they say those are unlikely to remain much longer. In addition, they report that since January the national median rent has increased by a staggering
Home of the Week: A Modern Farmhouse with three levels of living The unit comes with two bedrooms, 2.5 baths, an outdoor kitchen, and a private patio. See inside at realestate.boston.com. The post Home of the Week: A Modern Farmhouse with three levels of living appeared first on Boston.com Real Estate.