Foreclosure Activity Hits Historic Lows
BY BRAD BECKETT ON MAY 20, 2020
According to ATTOM Data, there were 4,148 U.S. properties with foreclosure filings in April, down 70% from March and down 75% from one year ago. That equates to one in every 9,639 properties receiving a foreclosure filing during April. Click here to read more.
Read moreMost Buyers Want a Home Office
BY BRAD BECKETT ON MAY 19, 2020
With the Coronavirus pandemic forcing people to work from home (if they're able) the number-crunchers over at the NAHB's Eye on Housing reexamined some data. They took another look at the 2018 NAHB's consumer preference study (the most recent available), What Home Buyers Really Want and discovered that 65% of home buyers wanted a home office. Click here to read more.
Read morePoisonous Plants That Can Ruin Your Summer
BY BRAD BECKETT ON MAY 1, 2020
Infographic: Did you ever hear the old rhyme, "leaves of three, let it be?" Today's infographic reminds us that as warmer weather approaches, and landscaping moves to the forefront, we need to be mindful about what else might be growing around your property. Click here to read more.
Read moreZillow Sees Increased Online Home Shopping Activity
BY BRAD BECKETT ON APRIL 29, 2020
Zillow says that after experiencing a mid-march decline in searches as the pandemic rolled into full effect, they are now reporting renewed interest in home searching as they say Americans have adapted to a temporary normal. Click here to read more.
Read moreEmbrace the Opportunity
BY JANE GARVEY ON APRIL 28, 2020
Change happens and we can benefit from it if we can learn to embrace the opportunity to transition to a new routine. It is not what life deals us that counts, it's what we make out of it. Click here to read more.
Read moreMortgage Delinquencies See First-Ever March Increase
BY BRAD BECKETT ON APRIL 27, 2020
Black Knight is reporting that mortgage delinquencies saw their first-ever March increase resulting from the Coronavirus pandemic early impact. In addition, they report that both the national foreclosure and 90-day delinquency rates set new record lows in March - which they say is a lingering reminder of the market's strength heading into the pandemic. Click here to read more.
Read moreFHFA Announces 4-Month Advance Obligation Limit for Loans in Forbearance
BY BRAD BECKETT ON APRIL 22, 2020
The Federal Housing Finance Agency (FHFA) recently announced the alignment of Fannie Mae's and Freddie Mac's (the Enterprises) policies regarding servicer obligations to advance scheduled monthly principal and interest payments for single-family mortgage loans. In other words, once a servicer has advanced four months of missed payments on a loan, it will have no further obligation to advance scheduled payments. Click here to read more.
Read moreHome Prices Could Hold Steady Despite Coronavirus
BY BRAD BECKETT ON APRIL 21, 2020
While home sales have slowed dramatically since last month, CNBC's Diana Olick said that despite the Coronavirus pandemic, home prices could hold steady. Click here to read more.
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Redfin Sees Interest in Rural Areas & Small Towns Spike During Pandemic
BY BRAD BECKETT ON APRIL 15, 2020
Redfin says that small towns and rural areas may be set to boom in the wake of the Coronavirus pandemic as homebuyer interest in America's less populous areas saw a surge in March. Click here to read more.
Read moreHow Does a Crisis Affect Your Investment?
BY BRAD BECKETT ON APRIL 1, 2020
Managing your properties during any crisis is a challenge, let alone the current Coronavirus pandemic we're experiencing. On a recent episode of the Rent Perfect Podcast, David Pickron talks with longtime property manager and seasoned housing provider Anne McCawley about how to manage your properties during a time of crisis. Anne gives great insight on how to plan for and maneuver through these challenging times. Click here to read more.
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