Foreclosure activity dipped near term even as relief measures ended
However the numbers for November were still up from a year ago, when bans and forbearance were still largely in place.
Source: nationalmortgagenews.com
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New Jersey, Illinois dominate markets most vulnerable to foreclosure
Counties in the West faced the least risk from pandemic distress in the third quarter, according to Attom Data Solutions.
Source: nationalmortgagenews.com
Millennial Trend of Co-Buying Homes Soars 771% in 7 Years – How It Works
When it comes to homeownership, millennials are trailing behind older generations. At the age of 30, 42% of millennials own homes, compared to 48% of Gen Xers and 51% of baby boomers, according to...
Source: gobankingrates.com
Mortgage Lenders Deal More Purchase Loans Amid Fewer Refis
Mortgage lenders issued more purchase loans in the second quarter of the year, but lost ground on the refinancing side.
Source: inman.com
Homeowners are facing the biggest property tax hikes in 4 years — here's where they pay the most
Homeowners are facing the biggest property-tax hikes in 4 years — here’s where they pay the most MarketWatch 4 hrs ago © Getty Images/iStockphoto State and local governments have faced a cash crunch as a result of the COVID-19 pandemic. And they’re passing the pain on to homeowners in the form of higher property taxes, according to a new report. A new analysis from real-estate data company Attom Data Solutions found that Americans who owned single-family homes paid $323 billion in property taxes in 2020, up more than 5% from 2019. The average property tax nationwide was $3,719 for a...
Source: msn.com