Realtor

These 10 cities are seeing the biggest jump in foreclosures as high home prices and property taxes bite

home foreclosure

Justin Sullivan/Getty Images

  • Foreclosures are surging in key pockets of the US housing market.

  • A Realtor.com analysis identified 10 cities where foreclosures were seeing the biggest jump.

  • Overall, foreclosures have surged 13% in the first half of 2023, compared to a year ago.

Foreclosures are surging, thanks to higher home prices and property taxes biting into homeowner finances.

To be sure, there is no nation-wide wave of foreclosures coming like during the Great Recession, and the recent uptick hasn’t been evenly spread across the housing market, according to a new Realtor.com analysis.

But foreclosure filings have surged in key pockets

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Chiefs QB Patrick Mahomes’ New Mansion Goes Viral [LOOK]

Patrick and Brittany Mahomes

Getty

Patrick and Brittany Mahomes at The Metropolitan Museum of Art in 2023.

Patrick and Brittany Mahomes are officially moving to Cass County, Missouri, after listing their Kansas City home at $2.9 million according to realtor.com.

We should get a closer look at the making of the mansion property during Netflix’s new docuseries, “Quarterback” — which will include moments from the construction of the “mammoth estate” according to Ryan Glasspiegel of the New York Post. But until then, fans will have to settle for the first look — a viral aerial photo that’s currently trending on social media.

Ziregolf first

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Journal Club 06-02-23 – Passive Income MD

Here’s Journal Club 06-02-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!


  • As high-income earners, most of us are familiar with the concept of credit for both personal and professional purposes, and the role it plays during our journey to financial freedom. However, have you heard of a Credit Crunch, and what does that mean for you in this economic cycle? The Physician on FIRE shares more about it in the post – What is a Credit
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Realtor.com Reports Weekly Active Inventory Up 20% YoY; New Listings Down 26% YoY

by Calculated Risk on 5/25/2023 04:05:00 PM

Realtor.com has monthly and weekly data on the existing home market. Here is their weekly report from chief economist Danielle Hale: Weekly Housing Trends View — Data Week Ending May 20, 2023

Active inventory growth slowed again, with for-sale homes rising just 20% above one year ago. The number of homes for sale was higher than this time last year, but not by as much as we’ve seen in recent weeks. As we have discussed, further slowing is likely ahead. One key way that has been played out is by encouraging

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Free and cheap things to do in the Myrtle Beach area, from Broadway to The Hulk

With prices on everything from groceries to travel going up, people are looking for ways to stretch their dollar.

And right in South Carolina, according to a survey by Realtor.com, we have one of America’s most affordable travel destinations: Myrtle Beach.

Here’s how to get more bang for your buck in the Myrtle Beach area:

Free Parks and Hiking Trails

Vereen Memorial Gardens: Open from dawn to dusk, this free park in Little River is a scenic escape where you can enjoy hiking and boardwalk trails through salt marshes.

2250 SC-179, Little River, SC 29566

The Hulk: Bike enthusiasts will

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Why the Homebuilding Industry Is Hot Now

A number of the large home construction companies reported March quarter results last week.

Beazer Homes BZH beat earnings estimated by 34.5% on revenue that beat by 4.1%.

DR Horton DHI posted a sales surprise of 21.6% and its earnings surprise was doubly as strong at 43.7%.

PulteGroup’s PHM earnings surprise was also a spectacular 32.0%, especially since it came on top of a revenue surprise of over 9%.

Not to be outdone, M/I Homes MHO posted a revenue surprise of 27.0% that generated an earnings surprise of 54.2%.

NVR’s NVR revenue missed by 9.7% although its earnings still surprised

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Looking to buy a house in the Wichita area? Here’s what to expect, says one Realtor

If you’re planning on buying a house in or near Sedgwick County soon, you can expect higher prices and a lower supply compared to previous months, but a local real estate expert says the market remains strong.

According to a report released by the Realtors of South Central Kansas earlier this month, a home in south central Kansas typically one on the market for nine days before being sold in February. The median sale price that month was $193,975, which was higher than the year before at $180,000.

“Home sales in South Central Kansas fell by 13.7% in February compared

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4 things to do in Milwaukee this weekend, from Realtors Home & Garden Show to a Halfway to Oktoberfest party

You can think spring (and gardens) at the 97th annual Realtors Home &  Garden Show March 24-April 2 at Wisconsin State Fair Park.

You can think spring (and gardens) at the 97th annual Realtors Home & Garden Show March 24-April 2 at Wisconsin State Fair Park.

1. Realtors Home & Garden Show at Wisconsin State Fair Park

The 97th annual Realtors Home & Garden Show returns to State Fair Park’s Wisconsin Exposition Center March 24 through April 2. More than 350 exhibitors will be on hand to talk (and show) home, lawn and garden improvement ideas. Show hours are 10 am to 8 pm March 24-25 and March 31-April 1; 10 am to 5 pm March 26 and April 2; and 4 to