Top 20 Cities for Generation Z Renters
BY BRAD BECKETT ON MARCH 8, 2021
Last month we had a post about Generation Z entering the housing market and this month we’re discovering where they want to live. A new report from RENTCafé says small towns in the heartland of America are now trending for Generation Z renters. Click here to read more.
Read moreHome Price Increases in Opportunity Zones Keep Pace with National Trends
BY BRAD BECKETT 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.
Read moreCities Where Homes Are Selling the Fastest
BY BRAD BECKETT 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.
Read more"Cheap Old Houses" Attracts Millennials Escaping the Cities
BY BRAD BECKETT 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.
Read moreTreasury Publishes Details About the Emergency Rental Assistance Program
BY BRAD BECKETT 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.
Read moreAnalysis of HUD's Recent Fair Housing Act Enforcement
BY BRAD BECKETT 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.
Read moreForeclosure & Eviction Moratoriums Extended Through June 30th
BY BRAD BECKETT 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.
Read moreYardi Says Bright Spots are Beginning to Emerge
BY BRAD BECKETT 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.
Read moreTwo Georgia Counties Defy CDC Eviction Order
BY BRAD BECKETT 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.
Read moreFHFA Extending Foreclosure & Eviction Moratoriums through March
BY BRAD BECKETT 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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