Rate of Housing Inventory Declines Improving
New listings grew on a yearly basis in July for the fourth consecutive month, according to the latest realtor.com® Monthly Housing Report. While inventory is still low compared to last year—homes for sale declined 33.5% YoY in July—the rate of decline is improving. By...
As End of Moratorium Approached, Foreclosures Dipped
ATTOM released its July 2021 U.S. Foreclosure Market Report, finding a total of 12,483 U.S. properties with foreclosure filings—default notices, scheduled auctions or bank repossessions—down 4% from last month but up 40% from a year ago. The month-over-month dip...
Strong Job Growth an Indicator Forbearance Rates Will Decrease
The total number of loans now in forbearance decreased by 7 basis points from 3.47% of servicers’ portfolio volume in the prior week to 3.40% as of Aug. 1, 2021, according to the Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey. The MBA...
Rocket Mortgage Expands Resources and Support for Detroit Homebuyers
Rocket Mortgage announced a full suite of programs to help Detroit residents who are interested in buying a home in the city, regardless of where they are on their home-buying journey. The new initiative includes $2,500 in lender credits when purchasing a primary...
Strategies to Boost Your Content’s Visibility
What’s the point of having a social media game plan if your content isn’t getting in front of the right people? Here are a few ways to improve your brand’s visibility and reach on social media.
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