Black Knight Says Delinquencies Hit 8.5-Year High

BY  ON JULY 8, 2020

According to Black Knight's latest Mortgage Monitor, May saw the overall delinquency rate hit its highest level in 8.5 years, with serious delinquencies on the rise as well as the number of homeowners 90+ days past due increasing by more than 50% over the past two months. Click here to read more.

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Foreign U.S. Home Buyers Drying Up

BY  ON JULY 7, 2020

Just three years ago we posted about how foreign buyers spent a record $153 billion on homes in the U.S. Now, along comes a report from the Wall Street Journal that says foreign buying of U.S. homes is drying up. Click here to read more.

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Jobs in Construction Rise By 158k

BY  ON JULY 7, 2020

According to recent data from the Associated General Contractors of America, construction employment increased by 158k jobs in June, with most of the gain concentrated in home-building. Click here to read more.

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Investing in Self-Storage on a Massive Scale

BY  ON JULY 6, 2020

On a recent issue of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talks with Kris Benson, the chief investment officer for Reliant Investments, about one of the asset classes that's expected to hold up well during the Coronavirus Pandemic, self-storage. Click here to read more.

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Zumper Says Pandemic Pricing Continues to Affect Top Markets

BY  ON JULY 2, 2020

Rental information site Zumper recently released their National Rent Report for July, 2020 showing that the median national rent for 1-bedroom apartment was $1,229 (up 1%) and the median two-bedroom rent was $1,485 (up 0.8%). Click here to read more.

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Top 10 Affordable Beach Towns for Retirement

BY  ON JULY 1, 2020

With all of us trying to stay focused on the positive, the folks over at Realtor.com crunched the numbers to came up with the top 10 affordable beach towns for retirement. Click here to read more.

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Home Affordability Increasing Across Majority of U.S. in Q2

BY  ON JUNE 29, 2020

According to the ATTOM Data's latest U.S. Home Affordability Report median home prices of single-family homes and condos in Q2 are more affordable than historical averages in 49% of U.S. counties (with enough data to analyze), up 31% from one year ago. Click here to read more.

 

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Searches for Single-Family Homes on the Rise

BY  ON JUNE 25, 2020

A new report from Redfin shows that web searches for single-family homes has risen to its highest level in 4 years. They suggest that the Coronavirus pandemic is driving buyers to seek out larger houses located farther away from dense urban areas. Click here to read more.

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Nearly 3 Million Adults Have Moved Back Home

BY  ON JUNE 22, 2020
According to a new report from Zillow, nearly 3 million adults have moved back home in the wake of the Coronavirus pandemic. Zillow says there over 32 million adults living with a parent or grandparent in April, the highest number on record. Click here to read more.
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HUD & FHFA Extend Foreclosure & Eviction Moratoriums through August

BY  ON JUNE 18, 2020

The U.S. Department of Housing & Urban Development (HUD) as well as the Federal Housing Finance Agency announced in mid-June that they were extending their moratorium on foreclosures and evictions through August 31, 2020. Click here to read more.

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