Author Archives: Lillian Dickerson

Foreclosure activity continues to decline in March

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Sixty-one percent of U.S. markets saw foreclosure activity drop below pre-recession levels last month, but the numbers come with “a huge caveat.” Continue reading →

Banks get first grab at stimulus checks

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Nothing in the CARES Act precludes banks from garnishing the federal stimulus checks currently being disbursed to Americans. Continue reading →

Mortgage rates drop to 30-year low

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The average contract interest rate for 30-year fixed-rate mortgages dropped to 3.45 percent from 3.49 percent, its lowest level since the Mortgage Bankers Association began its weekly survey. Continue reading →

DC-area brokerage partners with local restaurants to feed communities in need

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Silver Spring Cares, a nonprofit started by the Go Brent team outside of DC, has raised nearly $60K to purchase meals from restaurants and provide them to community members in need. Continue reading →

Market snapshot: Texas and COVID-19

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Texas real estate saw a significant slowdown in market traffic once the COVID-19 pandemic arrived, but since then, indications of a hopeful market have emerged. Continue reading →

Colorado Springs ranked hottest housing market in March

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The city was ranked the hottest housing market for the second consecutive month by Realtor.com with half of all homes selling in under 28 days. Continue reading →

US property taxes increased to $306.4B in 2019

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The total property taxes levied on single-family homes in 2019 increased by 1 percent from 2018, the smallest increase in the past three years. Continue reading →

The post-coronavirus office: more air purifiers, less open floor plans

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In the past few weeks, demand for air purification systems has jumped in an effort to provide safer work environments for employees. A shift away from open-concept offices may not be far behind. Continue reading →

About half of US small businesses have not paid full April rent

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About 30 percent of survey respondents said they did not make a rent or mortgage payment in April and 20 percent said they made a partial payment, according to a poll by Alignable. Continue reading →

Post-virus home price growth forecasts show spike in the West

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In the wake of the COVID-19 pandemic and its effects on the market, home prices are expected to increase at half the rate prior to the outbreak according to forecasting by Veros Real Estate Solutions. Continue reading →