Exclusive: Redfin’s chief economist answers 5 tough questions

Exclusive: Redfin’s chief economist answers 5 tough questions

Nationalizing the GSEs, the silver bullet for Washington policy and more

HUD: Associated Bank ‘redlining’ settlement largest ever

HUD Secretary Castro says settlement “sends a strong message”

Housing in places like New York, San Francisco fail more than just the locals

Local policies curtail worker freedoms
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Items Tagged with 'RealtyTrac'

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RealtyTrac: Top 10 buyer and seller markets

Where should owners sell their home?
Brena Swanson
The housing market is all over the place this year and successful navigation depends heavily on the local environment. As a result, RealtyTrac decided to identify the nation's 10 hottest seller’s markets and the best buyer’s markets.
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RealtyTrac: Foreclosure activity jumps to highest level in 18 months

Bank repo activity fueled big drive up in foreclosures
Trey Garrison
Foreclosure filings were up 3% in April and up 9% from a year ago, pushing to an 18-month high. Here’s where it went off track.
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Freddie Mac: Rising rents aren’t pushing residents to homeownership

Conventional wisdom has it all wrong, survey says
Trey Garrison
Are rising rents driving residents to homeownership? You might think that or at least hear it a lot, but there’s some new evidence that it may not be the case. At all. Want to know more? Read on.
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Major mortgage firms agree to deal with zombie properties

New York Dept. of Financial Services works to maintain communities
Trey Garrison
Wells Fargo, Bank of America, Citigroup, and other companies representing nearly 70% of the New York market say they are going to adopt zombie property best practices coordinated by the New York Department of Financial Services.
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RealtyTrac: Mortgage lending rose 17% in first quarter

Low interest rates lead to big jump in refinances
Ben Lane
Thanks in large part to the continually low interest rate, mortgage originations rose 17% year-over-year in the first quarter, according to a new report from RealtyTrac. Unsurprisingly, refinances led the way. Here's how it all broke down.
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RealtyTrac: Flippers were 4% of all home sales in the first quarter

Average gross profit hit $72.5K
Trey Garrison
Flippers were busy in the first quarter, gaining bigger profits and taking a bigger share of single-family home sales. Here’s what’s driving it and where the action is.
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Dealing with one housing bubble at a time

HELOCs and other factors constrain housing “recovery”
Lynn Effinger
RealtyTrac predicts that as the average HELOC borrower's ten-year interest-only period ends, that person's or family’s monthly bill will perhaps more than double from $133 to $279. This could pose a serious problem. Let's start with that, first.
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Redfin: Home inventory shortage worse than it looks

Nearly 70% of homes for sale on market for more than 30 days
Trey Garrison
As the spring selling season gets into full swing, Redfin examined 50 markets to see if fresh inventory is growing, and whether it’s growing enough. What they found looks troubling.
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RealtyTrac: Share of seriously underwater homes rises

Increases for the first time in nearly three years
Brena Swanson
The share of seriously underwater homeowners increased 0.4 percentage points from fourth quarter 2014, and while it is only a slight increase, it marks the first quarterly increase since the second quarter of 2012.
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RealtyTrac: Foreclosures see first year-over-year increase since 2010

But overall activity drops to lowest quarterly level since 2007
Ben Lane
Foreclosure activity — which includes default notices, scheduled auctions and bank repossessions — rose in March, marking the first year-over-year increase in foreclosure activity since September 2010. But the news wasn't all bad.
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