Landlords are ditching their rental properties and cashing out

Rising home prices are causing landlords to choose between equity or cash flow. For those deciding to list, earnings are substantial, investment property owners told Inman. Continue reading

Delinquency rate hits lowest level seen in a year: CoreLogic

According to property analytics provider CoreLogic, 4.7 percent of mortgages in the U.S. were in some state of delinquency in April. Continue reading

The risks of taking out cash against a home in today’s market

Rising home equity has increased demand in the cash-out refinance market. But taking out cash against a home isn’t always the smartest idea. Continue reading

CoreLogic to acquire automated closing costs firm ClosingCorp

The deal is expected to close in the third quarter if it receives regulatory approvals and meets “customary closing conditions.” Continue reading

Why Americans shouldn’t give up on homeownership

Chief economists Ralph McLaughlin and Ali Wolf spoke to Inman about the monetary and non-monetary benefits of homeownership. Continue reading

Average homeowner gained $33,400 in equity last year: CoreLogic

The average annual equity gain from Q1 2020 to Q1 2021 for homeowners with mortgages is the highest in at least a decade, according to CoreLogic. Continue reading