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Zombie Foreclosures Rising, Tiny Homes Are Selling 'Rapidly' in this state

Mapped: Where Incomes Are Rising Fastest by State, A Tiny red house in Washington, DC and more

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Latest Rates

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Loan Type

Current Rate

Day Change

1 Week

1 Month

1 Year

52-Week Range

30 Yr. Fixed

6.13%

+0.01%

+0.14%

-0.07%

-0.61%

5.99% - 7.08%

15 Yr. Fixed

5.72%

+0.04%

+0.14%

-0.04%

-0.51%

5.55% - 6.48%

30 Yr. FHA

5.70%

+0.02%

+0.07%

-0.14%

-0.43%

5.62% - 6.53%

30 Yr. Jumbo

6.40%

+0.06%

+0.12%

+0.05%

-0.65%

6.10% - 7.20%

7/6 SOFR ARM

5.40%

+0.08%

+0.11%

-0.24%

-0.92%

5.29% - 7.12%

30 Yr. VA

5.72%

+0.02%

+0.07%

-0.14%

-0.44%

5.64% - 6.54%

Real Estate Trends

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Zombie Foreclosures Are Rising, These Midwest Metros Are Hardest Hit Link

  • Cleveland leads the pack with a 9.9% zombie foreclosure rate, followed closely by Baltimore, St. Louis, Akron, and Indianapolis.

  • These "zombie" properties are homes where the owners moved out and abandoned the house before the foreclosure process was actually finished.

  • Experts say these vacancies are often caused by aging housing stock and lower demand, which can unfortunately drag down property values for the rest of the neighborhood.

I post the most popular insights from the day on Reddit. Follow along → Reddit

Housing affordability isn’t just hurting buyers: More homeowners are falling behind on their mortgages Link

  • Late-stage mortgage delinquencies jumped over 18% in December compared to the previous year as homeowners struggle with high costs.

  • While total nonpayment levels are still much lower than they were during the 2010 financial crisis, they are currently rising faster than other consumer debts like credit cards or auto loans.

  • Experts suggest the spike is driven by a mix of high mortgage rates and rising secondary costs like homeowners insurance and property taxes.

Location Specific

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Tiny Homes Are Big in Texas and They're Selling 'Rapidly' Link

  • Builders are downsizing floor plans to keep prices lower, with some Texas homes measuring just 350 square feet.

  • These units are moving fast because they offer a way into homeownership for around $108,000, which is a fraction of the local median price.

  • The main buyers are single people, students, and out-of-state investors looking for affordable rental properties.

AI & Real Estate - Today’s Trends

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Tool of the day: Maxwell

In the mortgage space, Maxwell has built an AI-enabled “mortgage fulfillment-as-a-service” offering. This means lenders can outsource and automate underwriting, processing, and post-closing tasks.

AI adoption reaches 82% among real estate agents, RPR reports Link

  • A recent survey found that 82% of real estate pros are using AI tools, mostly to save time on writing and marketing tasks.

  • While the tech is helping agents cut down their weekly workload, many are still worried about the accuracy of the information AI produces.

  • Most users want better training to feel more confident using these tools in their daily business.

Proptech Startups That Just Got Funded

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North America Data Center Trends H2 2025

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Senior Living & Care Investor Survey and Trends Report

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Cap Rate Survey suggests new market cycle on the horizon 

(This content is restricted to Pro Members only. Upgrade)

Proptech Startups That Just Got Funded

(This content is restricted to Pro Members only. Upgrade)

Off Topic

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Mapped: Where Incomes Are Rising Fastest by State

Unreal Real Estate

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Tiny red house in Washington, DC

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