Based on ATTOM's newly released July 2024 U.S. Foreclosure Market Report, there was a total of 31,929 U.S. properties with foreclosure filings - default notices, scheduled auctions or bank repossessions -- up 15 percent from a month ago (June 2024), and up slightly by .2 percent from a year ago. "July's foreclosure activity reflects a slight shift in the housing market," said Rob Barber, CEO at ATTOM....
Based on the recently released 2024 CoreLogic Wildfire Risk Report, more than 2.6 million homes across 14 states are at moderate to very high risk of wildfire damage during the 2024 wildfire season, with a total reconstruction cost of $1.3 trillion. The western United States has the greatest wildfire risk with three states comprising 70% of the risk. The following states having the highest number of homes...
U.S. workers are feeling more confident about their ability to meet retirement savings goals as inflation has weakened, according to a new consumer survey conducted by Charles Schwab. “nxiety around inflation and market volatility has come down since last year,” according to the online survey of 1,000 Americans who hold 401(k) retirement accounts. “43% of workers think they are very likely to...
Industry-leading reverse mortgage lender Finance of America (FOA) detailed some of its ambitions in appealing to senior borrowers, which includes new TV commercials that feature former American Advisors Group (AAG) turned FOA spokesman Tom Selleck. During its second-quarter earnings presentation last week, FOA President Kristen Sieffert offered new details about the ways in which FOA will leverage its...
Ralph Harvey, Jason Saphire and Ben Caballero are three of the most prolific agents in America. They collectively sold over 10,000 homes last year alone, and you won’t ever find them on the buy-side of a transaction. But these listing-only agents are still having to adjust their practices to conform with the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement...
The recent declines in mortgage rates have been good news for mortgage professionals and consumers alike. But the industry is not yet out of the woods, said Todd Sheinin, the Maryland-based vice president of strategy and development at Primary Residential Mortgage Inc. “As you talk to more people across all aspects of our business, from the loan officers to the consumer to real estate agents,...
The U.S. Department of Housing and Urban Development (HUD) on Wednesday announced the availability of $100 million in new, competitive grant funding that is designed to address bureaucratic impediments to the construction of new housing while lowering the costs to rent or buy a home. “Through HUD’s Pathways to Removing Obstacles to Housing (PRO Housing) program, communities across the nation are...
With its thriving job market, world-famous live music scene, outdoor activities, and unique local cuisine, Austin has long been attracting new residents from outside state lines. The Texas city has seen its population double every 20 to 25 years. In fact, recent city data shows that people moving to Austin from other parts of Texas and other states made up 45% of the growth recorded in the city’s...
If you’ve been relying on your friends or family to get those amazing deals, it might be time to invest in your own membership. SOPA Images / Getty Images The benefits of having a Costco membership are plentiful. It costs money—$120 for the annual membership fee (along with a $60 membership fee and $60 upgrade fee), but it easily pays for itself. You can do practically all of your shopping at...
Eliminate dust, dirt, and debris with these simple cleaning tips. Stacy Zarin Goldberg Whether you have a large home library or a few books stacked on a shelf, cleaning bookshelves can be a chore. Reaching all the nooks and crannies, especially if your shelves are wide and tall, piled high with objects and books, can feel like an unnecessary task. But cleaning your bookshelves—and your books...
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