Today’s sellers don’t have to worry about underwater mortgages
Underwater mortgages continue to trend downward. Only 1.8% of homes are underwater today, compared to 23% in 2010.
Foreclosure
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CoreLogic: Mortgage delinquencies kept climbing in September
September signified a steady decline in mortgage performance since the end of third-quarter 2023. About 3% of all mortgages were in some form of delinquency in September 2024 — up 20 basis points year over year, according to a CoreLogic report released this week.
Foreclosure filings dropped in November. Is market pressure finally easing up?
One in 4,795 homes had a foreclosure filing in November 2024. That equates to a total of 29,390 filings, down from 30,784 in October.
Auction.com’s Daren Blomquist explains the ‘Trump bump’ and 2025 market trends
Daren Blomquist forecasts more home sales in 2025 and believes there will be a “Trump bump” at the end of this year.