Local Market Monitor's National Economic Outlook - June 2020

BY  ON JUNE 11, 2020

Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their thoughts on developments taking place in the U.S. economy. Click here to read more.

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Black Knight Says Past-Due Mortgages Increased by 1.6 Million in April

BY  ON MAY 25, 2020

According to Black Knight's "first look" report for April, past-due mortgages increased by 1.6 Million, which was the largest single-month increase ever recorded. There were 3.6 million homeowners past due on their mortgages as of the end of April, the largest number since January 2015. Click here to read more.

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Mortgage Applications Up 54% Since Early April

BY  ON MAY 28, 2020

With interest rates at all-time lows, CNBC's Diana Olick is reporting that mortgage application numbers have risen 54% since early April, which she also says marks the first annual increase since the Coronavirus pandemic. Click here to read more.

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Why Requiring Renter's Insurance is a Pro Landlord Move

BY  ON MAY 12, 2020

In a recent episode of the Rent Perfect podcast, David Pickron talks about the importance of requiring renters insurance in rental leases. He says many landlords miss the mark by not requiring their tenants to have a Renters Insurance policy. Click here to read more.

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FHFA Extends Foreclosure and Eviction Moratorium

BY  ON MAY 14, 2020

The Federal Housing Finance Agency (FHFA) announced in mid-May that they are extending their moratorium on foreclosures and evictions until at least June 30, 2020. The foreclosure moratorium applies to Enterprise-backed (Fannie Mae & Freddie mac), single-family mortgages only. Click here to read more.

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Foreclosure Activity Hits Historic Lows

BY  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.

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Most Buyers Want a Home Office

BY  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.

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Poisonous Plants That Can Ruin Your Summer

BY  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.

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Zillow Sees Increased Online Home Shopping Activity

BY  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.

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Embrace the Opportunity

BY  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.

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