Emergency Rental Assistance Program Grantee List
BY CHARLES TASSELL 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.
Read moreRentable Says Rent Prices are Rising Slowly
BY BRAD BECKETT ON FEBRUARY 4, 2021
Rentable (formerly known as ABODO) says that the median nationwide rent price for one-bedroom units in February was $1,124 with two-bedroom units coming in at $1391. Click here to read more.
Read moreInvesting in Notes and Helping Homeowners Stay in Their Homes
BY BRAD BECKETT ON FEBRUARY 4, 2021
On a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talks with Martin Saenz about the state of note investing during the pandemic and helping homeowners stay in their homes.Click here to read more.
Read moreFamily Promise Helps Low-Income Families Achieve Sustainable Independence
BY CHARLES TASSELL ON FEBRUARY 3, 2021
As property owners and managers, we often encounter less than productive members of society. Without ascribing excuses or blame, some of these people truly need help, and would gladly make use of it. Click here to read more.
Read moreBlack Knight: 2020 Ends With 1.7 Million More Seriously Delinquent Mortgages Than at the Start
BY BRAD BECKETT ON JANUARY 28, 2021
According to Black Knight's "first look" report for December, 2020 ended with at least 1.7 million more seriously delinquent homeowners than when it started as well as foreclosures being at a record low. Click here to read more.
Read moreThe Pandemic is Driving People to Buy Bigger Homes in the Suburbs
BY BRAD BECKETT ON JANUARY 27, 2021
After sifting through recent home sales data from the National Association of Realtors, CNBC's Diana Olick reports that 56% of existing homeowners, that sold their home after March, were in the suburbs, compared to 48% pre-pandemic. Click here to read more.
Read moreNorth American Movers Say People are "fleeing" California for Texas and Idaho
BY BRAD BECKETT ON JANUARY 27, 2021
We've recently seen two other big movers report their annual moving patterns and now we're going to take a look at North American's. Interestingly, they point out that people are actually "fleeing" California for Texas and Idaho. Click here to read more.
Read moreHousing Starts & Permits Up in December
BY BRAD BECKETT ON JANUARY 26, 2021
The U.S. government is reporting that privately-owned housing starts in November were at a seasonally adjusted annual rate of 1,669,000, which is 5.8% above November's revised number. Click here to read more.
Read moreNY City Renters Owe More Than $1 Billion in Unpaid Rent
BY BRAD BECKETT ON JANUARY 26, 2021
The Wall Street Journal is reporting that renters in New York City owe in excess of $1 billion in unpaid rent during the Coronavirus pandemic, according to data from a recent survey. Click here to read more.
Read moreExisting-Home Sales Up Slightly
BY BRAD BECKETT ON JANUARY 25, 2021
The National Association of Realtors is reporting that existing home sales were up 0.7% in December to a seasonally-adjusted annual rate of 6.76 million (up 22.2% from one year ago).Click here to read more.
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