According to a recent Redfin report, a third of sold homes in the past month went under contract within seven days of listing. This pace has been increasing, during a…
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Newsletter:
🎃 Creepin’ it real estate [not for the faint of heart]
Happy Halloween to all the Stessa Newsletter subscribers! We’ve collected a few spooky and fun news stories that we think you’ll enjoy. According to Realtor Magazine, the Nightmare on Elm…
Foreclosures rising [But not like 2008]
ATTOM Data Solutions released its quarterly foreclosure report, finding that properties with foreclosure filings (default notices, scheduled auctions or bank repossessions) increased 34% quarter-over-quarter, and 68% year-over-year. If you look…
35% of sellers said WFH was the reason they sold
New Zumper data shows that similar to housing prices, rents continue to rise with no signs of slowing. Median one-bedroom rent now sits at $1,352, and $1,663 for two-bedrooms. Source: Zumper…
Berlin calls to expropriate apartments
Last week, Realtor.com reported that interest rates rose above 3%, the biggest jump since February, and ending a 7-week streak of little or no movement. Source: Realtor.com According to Danielle…
The looming Evergrande collapse and impact on real estate
Jeff Andrews of Zumper started off this week with a rent data report, noting that national rent growth accelerated significantly throughout 2021 after stagnating last year. Specifically, “relative to March…
Forbearances decrease and foreclosures rise in Q3 2021
Diana Olick of CNBC opens up this week’s newsletter discussing forbearances, specifically that there are still 1.6 million borrowers in forbearance (3.1% of all mortgages). That said, 98% of those…
What To Expect Of The Housing Market In 2022
It’s never too early for predictions about next year, and a few news outlets didn’t disappoint this past week. Anne Sraders of Fortune opened up the discussion by outlining a…
Supreme court issues ruling on eviction moratorium
In a 6-3 decision last week, the Supreme Court ruled that the U.S. Centers for Disease Control and Prevention (CDC) didn’t have the authority to impose an eviction moratorium. According…


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