A sea change is coming to home financing

A slew of newer companies are trying to reinvent how home purchases are financed. That doesn’t mean the 30-year mortgage is disappearing, but it does hint at more choices for consumers of the future. Continue reading

February sees record new bookings for short-term rentals: AirDNA

While short-term rental stays that took place during February were at a record low, new bookings made during the month hit a high, according to short-term rental analytics company AirDNA. Continue reading

Everyone is moving to Florida! Or maybe they aren’t

Despite narratives about buyers flocking to Florida, data from Atlas Van Lines and Florida’s 2020 Demographic Estimating Conference suggest the migration patterns are negligible. Continue reading

Share of mortgages in forbearance drop 3 points at end of February

The overall decline of mortgage loans in forbearance was led by Ginnie Mae loans, which dropped by 7 basis points from the previous week to 7.28 percent of loans in forbearance. Continue reading

COVID-19-related forbearance volumes decline for first time since pandemic hit

Active COVID-19-related forbearance volumes declined by a net 34,000 for the week ending June 2, the first weekly decrease since the CARES Act went into effect, according to data released Friday. Continue reading

Agents in southern states on board with economic reopening

The pandemic is not over, but a handful of governors in southern states are gradually reopening their economies. Agents mostly agreed that it’s time. Continue reading

US market data suggests a checkmark-shaped real estate recovery

The latest U.S. market data shines a light on what the dip and recovery will look like — a checkmark shape — with an immediate drop, three to four weeks at the bottom and a slow recovery period. Continue reading