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Posts published in “Data”

Opendoor layoffs are a retreat, not a defeat

Opendoor announced it’s laying off 35 percent of its workforce. The move, designed to give Opendoor more runway, increases its chances of survival, but it…

Foreclosure activity continues to decline in March

Sixty-one percent of U.S. markets saw foreclosure activity drop below pre-recession levels last month, but the numbers come with “a huge caveat.” Source: Inman News

Mortgage rates drop to 30-year low

The average contract interest rate for 30-year, fixed-rate mortgages dropped to 3.45 percent from 3.49 percent, its lowest level since the Mortgage Bankers Association began…

US property taxes increased to $306.4B in 2019

The total property taxes levied on single-family homes in 2019 increased by 1 percent from 2018, the smallest increase in the past three years. Source:…