CDC to Extend Eviction Moratorium Through March

BY  ON JANUARY 21, 2021

Among the many executive orders signed by President Joe Biden on his first day in office was one ordering the CDC to extend their eviction moratorium though March 31, 2021. Click here to read more.

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FHFA Extends Foreclosure & Eviction Moratoriums through February

BY  ON JANUARY 20, 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 February 28, 2021. Click here to read more.

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Local Market Monitor's National Economic Outlook for January

BY  ON JANUARY 19, 2021

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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Serious Delinquencies Three Times Higher than in 2019

BY  ON JANUARY 19, 2021

According to CoreLogic's latest Loan Performance Insights Report, serious delinquencies (defined as 90 days or more past due, including loans in foreclosure) was 4.1% in October. Click here to read more.

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Yardi Says Rents Declined 0.8% in December

BY  ON JANUARY 18, 2021

According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were down 0.8% year-over-year in December. Click here to read more.

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Consumer Price Index Up 0.4% in December

BY  ON JANUARY 18, 2021

The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was 0.4% in December. Click here to read more.

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The Number of "Million-Dollar Cities" spiked sharply in 2020

BY  ON JANUARY 14, 2021

Zillow says that the typical home value in the U.S. is about $263k, however the number of "million-dollar cities" spiked sharply in 2020. According to their analysis, million-dollar cities are those with a typical home value of at least $1 million. Click here to read more.

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Inventory Sinks as New Home Prices See Continued Growth

BY  ON JANUARY 14, 2021

On a recent episode of Real Estate News for Investors, Kathy Fettke discusses how inventory has hit a new low while home prices are continuing to rise as well as other recent news affecting the real estate market. Click here to read more.

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Rental Home Construction Climbs as Purchase Prices Surge

BY  ON JANUARY 13, 2021

According to recent analysis from the Wall Street Journal there hasn't been this many single-family homes under construction in the U.S. since 2007. However, as they point out, many of these new homes won't be up for sale but are being built solely for rent. Click here to read more.

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Americans Are Moving West and South

BY  ON JANUARY 13, 2021

In their 44th annual National Movers study, United Van Lines says Americans are moving west and south - with the Coronavirus pandemic further accelerating those moves.  According to the report, Idaho had highest percentage of inbound migration with New Jersey experiencing the largest percentage of outbound moves. Click here to read more.

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