Ghayan Chhotani, Sovereign Lending Group, No. 2 VA Volume (2019)

Ghayan Chhotani was putting himself through college two years ago, working as a sales associate at a GNC store in Manhattan Beach, California. One day, a man wearing an expensive suit complimented Chhotani on his customer sales skills. “I told him I appreciate that,” Chhotani said. “And I was like, ‘This is going to sound […]

Finding the foreclosure-auction heartbeat will take some time

A steady heartbeat of foreclosure auctions in early 2020 rapidly flatlined late this past March as the coronavirus crisis triggered a wave of nationwide foreclosure moratoriums. From the start of this year through the week of March 8, an average of 1,500 properties per week were brought to foreclosure auction — meaning they either sold […]

The demand for homes isn’t going away

Skylar Olsen is senior principal economist at Zillow. She joined Zillow in the summer of 2012, and built a team focused on investigating local housing markets and the importance of place in economic outcomes nationwide. Olsen holds a Ph.D. in economics from the University of Washington, specializing in econometrics and environmental economics, and was honored […]

For renters and buyers, home affordability is largely about location

Despite continued home-price increases, purchasing a home remains more affordable than renting in a slim majority of U.S. counties. That’s according to Attom Data Solutions’ 2020 Rental Affordability Report, which includes data that was compiled and analyzed prior to the coronavirus pandemic. Among the 855 counties studied for the report, owning a median-priced, three-bedroom home […]