The market will probably get hotter! Redfin CEO Claims

During the pandemic-induced year, the US housing market was boiling with housing activities as it recorded an all-time high in terms of home sales and housing activities in general. However, the already hot housing market could heat up further “if more homes are put up for sale,” according to Redfin CEO. “If we see people […]
Serious delinquencies hit a six-year high! What are delinquencies, and why are they an important metric?

A recent report by CoreLogic has revealed that an estimated 6.6% of all mortgages in the US “were in some state of delinquency in August.” This stands for nearly a 3% year-over-year incline in the number of residential units that were at least 30 days past due. According to CoreLogic’s monthly Loan Performance Insight Report, […]