Foreclosure activity hits lowest point in 15 years

There were a total of 48,004 properties with foreclosure filings in February 2020, the lowest number since Attom began tracking the data in April 2005. Continue reading

Mortgage applications surge along with refis

Mortgage applications activity increased by 15.3 percent and the refinance index increased 26 percent during the week ending March 27. Continue reading

FHA and VA latest mortgage servicers to relax standards

The federal mortgage servicers recently joined Fannie Mae and Freddie Mac in offering alternatives to traditional appraisals and employment verifications. Continue reading

36% of home shoppers believe the recession has already begun: Poll

A new survey by Realtor.com reflects the stark contrast in homebuyer sentiment since the beginning of March. Still, many homebuyers are undeterred. Continue reading

A comprehensive list of online training classes available to agents

Although many brokerages are offering online training to their agents, some companies are providing online training services to any agent who’s interested. Continue reading

Industry torn on whether real estate is an essential service

At a time when people are staying home en masse, many in the real estate industry question whether or not their jobs should be considered essential. Continue reading

Home affordability modestly improves in first quarter of 2020

Median home prices were still unaffordable for 66 percent of U.S. counties in Q1 2020, but that number decreased from 70.4 percent in Q4 2019. Continue reading

Fannie Mae, Freddie Mac ease appraisal standards amid coronavirus

The federal loan servicers announced an adjustment of long-held appraisal and employment verification standards in order to help facilitate mortgages amidst the COVID-19 outbreak. Continue reading