Home Price Increases in Opportunity Zones Keep Pace with National Trends

BY  ON FEBRUARY 24, 2021

Home price increases in Opportunity Zones are keeping pace with trends, according to a special report from ATTOM Data that analyzed qualified low-income O-Zones. ATTOM says in Q4 2020, median prices rose annually in three-quarters of Opportunity Zones with values in 2/3 of them going up at least 10%. Click here to read more.

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Cities Where Homes Are Selling the Fastest

BY  ON FEBRUARY 24, 2021

Last spring, the Covid-19 pandemic brought America's real estate market to a virtual standstill. A recent report from Roofstock highlights the top cities where homes are selling the fastest - with demand extremely strong in areas also experiencing high rates of population growth. Click here to read more.

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"Cheap Old Houses" Attracts Millennials Escaping the Cities

BY  ON FEBRUARY 23, 2021

A recent story about millennials searching for homes in "far-flung places" should have flippers & rehabbers taking note. A new startup called CheapOldHouses.com promotes the purchase & preservation of historical houses across America, most of which come in under $100k. Click here to read more.

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Treasury Publishes Details About the Emergency Rental Assistance Program

BY  ON FEBRUARY 23, 2021

With the goal of "keeping families in their homes," the U.S. Department of the Treasury says the Emergency Rental Assistance Program (ERA) makes available $25 billion to assist households that are unable to pay rent and utilities due to the COVID-19 pandemic.  As we've previously reported, these funds are provided directly to States, Territories, local governments, and Indian tribes. Click here to read more.

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Analysis of HUD's Recent Fair Housing Act Enforcement

BY  ON FEBRUARY 18, 2021

The DC-based group US Housing Consultants recently released a short analysis of HUD's recent decision to enforce the Fair Housing Act to prohibit discrimination because of sexual orientation and gender identity. Click here to read more.

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Foreclosure & Eviction Moratoriums Extended Through June 30th

BY  ON FEBRUARY 17, 2021

The U.S. Department of Housing & Urban Development (HUD) announced in mid-February the extension of the FHA's foreclosure and eviction moratoriums through June 30th, 2021, as well as an extension of the initial start date of a COVID-19 Forbearance. Click here to read more.

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Yardi Says Bright Spots are Beginning to Emerge

BY  ON FEBRUARY 11, 2021

According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were down 0.2% year-over-year in January. However, overall rents increased in January by $3 to $1,392.Click here to read more.

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Two Georgia Counties Defy CDC Eviction Order

BY  ON FEBRUARY 10, 2021

The AP is reporting that two counties in the state of Georgia are refusing to enforce the CDC's eviction order that effectively halts evictions during the coronavirus pandemic. Click here to read more.

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FHFA Extending Foreclosure & Eviction Moratoriums through March

BY  ON FEBRUARY 10, 2021

The Federal Housing Finance Agency (FHFA) announced they are extending their moratorium on foreclosures and evictions from single-family foreclosures and real estate owned (REO) through March 31, 2021. Click here to read more.

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Emergency Rental Assistance Program Grantee List

BY  ON FEBRUARY 8, 2021

Rental Emergency Assistance funding came through in the December 2020 Stimulus Bill and will result in $25 billion being made available to residents who are behind on rent and utilities for Covid-19 related reasons. The funds are distributed like a block grant, to states, territories and substantial counties and municipalities, as well as specific Native American Housing Authorities. Click here to read more.

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