$100M fraud ring busted, hundreds displaced by foreclosures

A New York State investor group is at the center of a burgeoning foreclosure crisis in Baltimore, according to an investigative report from “The Baltimore Banner.” Continue reading

A tale of 2 housing markets as price declines spread to the West

Prices are holding up in the Northeast and Midwest, but are down from a year ago in more than 70 percent of Western markets and 40 percent of Southern markets. Continue reading

Will home sales rebound? Closely watched forecasts say, ‘Yes’

Economists at Fannie Mae and the Mortgage Bankers Association differ on how much room mortgage rates have to come down and how fast home price appreciation will cool. Continue reading

Foreclosures were up 9% year over year in May: ATTOM

States with the highest foreclosure rates in May included Delaware, Florida, Illinois and Indiana. ATTOM’s CEO described the situation as “a mixed picture.” Continue reading

Florida housing market hits record inventory, Redfin says

Florida wrapped up the first month of the year with a record-breaking number of homes for sale, according to Redfin’s latest data analysis. At the end of January, there were 172,209 homes on the market, the most Florida has ever seen. That’s a 22.7 per… Continue reading

The top 10 cities buyers want most are smaller, more affordable

According to a new report from Redfin, relocating homebuyers continue to seek out more affordable locales in favor of big, expensive coastal cities. Continue reading

Florida cities see heightened interest from buyers on the move

Three Florida cities found themselves among the top migration destinations for Redfin website users in July. Continue reading

The Inman Handbook on today’s intense inventory crisis

There aren’t enough homes for everyone who wants them. That’s driving up prices and stretching agents thin. Continue reading

Inventory insanity: Notes from ‘exhausted’ agents on the front lines of a crazy market

“There is no middle class any more,” one industry leader said of working in real estate this year. “You’re either crushing it or you’re struggling.” Continue reading

Market snapshot: Florida and the coronavirus pandemic

Agents across the state have felt a market impact since the virus took hold, but how and to what extent depends a bit on the region. Continue reading