Home prices nationwide increased 5.9% in August 2020, compared with August 2019, and the gain was up nearly 1% compared to the prior month, when home prices increased 5.1% year over year.
The median home prices of single-family homes and condos in the third quarter of 2020 are less affordable than historical averages in 63 percent of counties with enough data to analyze, up from 54 percent a year ago.
CoreLogic's latest Home Equity Report for the second quarter of 2020 shows U.S. homeowners with mortgages (which account for roughly 63% of all properties) have seen their equity increase by 6.6% year over year.
CoreLogic's latest Single-Family Rent Index (SFRI) for July 2020 shows a national residential rent increase of 1.7% year over year, down from a 2.9% year-over-year increase in July 2019.
California's housing market continued to recover as home sales climbed to their highest level in more than two and a half years in July 2020, while setting another record-high median home price.
A widespread group of mostly-impoverished, densely-packed urban neighborhoods across the U.S. offer some of the most attractive opportunities in the nation for housing developers to take advantage of federal reinvestment tax benefits.
The National Association of Realtors is reporting that U.S. pending home sales in July 2020 achieved another month of positive contract activity, marking three consecutive months of growth.
ATTOM Data Solutions third-quarter 2020 Vacant Property and Zombie Foreclosure Report is showing that 1.5 million (1,570,265) residential properties in the United States are vacant, representing 1.6 percent of all homes.
According to a new report from Redfin, the median sale price for luxury homes in the U.S. rose 1.2% year over year to $825,000 during the three months ending July 31, 2020.
Based on CoreLogic's latest Home Price Index for June, U.S. home prices increased by 4.9% in June 2020, compared with June 2019. Month over month, home prices increased 1%, compared with May of this year, the fastest monthly gain for the month of June since 2013.
Record low 165,530 U.S. foreclosure filing recorded in first half of 2020, as 13 million evictions loom later this year. Down 44 percent from the same time period a year ago.
The total number of U.S. loans now in forbearance decreased by 38 basis points from 8.18% of servicers' portfolio volume in the prior week to 7.80% as of July 12, 2020.
In early 2020, in the months leading up to the coronavirus (COVID-19) pandemic and resulting economic crisis, rent price growth had stabilized at an annual average of 3%. However, growth dramatically slowed in May.
This represents a 2.5-percentage point increase in the overall delinquency rate compared to March 2020, when it was 3.6 percent.
According to Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 3.03 percent in the U.S., the lowest rate in the survey's history dating back to 1971.
Zillow is reporting this week that a rush of high-end homes hit the U.S. market in June 2020, reversing a trend that saw them drop the farthest and fastest when the coronavirus pandemic hit earlier this year.
According to ATTOM Data Solutions first-quarter 2020 U.S. Home Flipping Report, 53,705 single-family homes and condominiums in the United States were flipped in the first quarter.