FHFA House Price Index Up 10.8% Year-Over-Year – Real Estate Investing Today
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices were up 1.1% in December and up 10.8% from one year ago. The FHFA produces the nation’s only public, freely…
Like Home Buyers, Renters Are Favoring Smaller Markets | Paper Source Online
“Although rents across the U.S. have been growing at a slower pace since the onset of COVID-19 and the major tech hubs continue to see declines, some markets are seeing rents grow by double digits,” says Danielle Hale, Realtor.com®’s chief…
Cities Where Homes Are Selling the Fastest – Real Estate Investing Today
Last spring, the Covid-19 pandemic brought America’s real estate market to a virtual standstill. Roofstock reminds us that location still matters and that despite record-low inventory, demand is extremely strong in areas of…
Treasury Publishes Details About the Emergency Rental Assistance Program – Real Estate…
With the goal of “keeping families in their homes,” the U.S. Department of the Treasury says the Emergency Rental Assistance program makes available $25 billion to assist households that are unable to pay rent and utilities…
“Cheap Old Houses” Attracts Millennials Escaping the Cities – Real Estate Investing Today
We’ve posted a lot of stories about the exodus from our nation’s urban cores to the suburbs. With that in mind a recent story from Reuters about millennials searching for homes in “far-flung places” should have flippers…
John Burns’ Apartment Rent Forecasts for 2021 – Real Estate Investing Today
John Burns Real Estate Consulting recently released their 2021 Apartment Rent Forecasts which they say will to help you “weather” the shifts in the apartment market. They analyzed 127 metros across the country by taking a…
Borrowers With Fannie Mae, Freddie Mac Mortgages Can Get Additional Forbearance | Paper Source…
Originally published by REALTOR.com | February 10, 2021
Homeowners must already be in forbearance on their mortgage by Feb. 28 to qualify for the three-month extension.
The Federal Housing Finance Agency is extending the length of…
Existing-Home Sales Up 0.6% in January – Real Estate Investing Today
The National Association of Realtors is reporting that existing home sales were up 0.6% in January to a seasonally-adjusted annual rate of 6.69 million (up 23.7% from one year ago). Total housing inventory at the end of…
Housing Starts Down & Building Permits Up in January – Real Estate Investing Today
The U.S. government is reporting that privately‐owned housing starts in January were at a seasonally adjusted annual rate of 1,580,000, which is 6% below December’s revised number. January’s rate for units in buildings with…
Political Power Shift Could Generate Changes in the U.S. Luxury Housing Market | Paper Source Online
Originally published by REALTOR.com | February 16, 2021
Political actions have both a direct and an indirect impact on the housing market.
There’s a new political party in charge in Washington, D.C., one that hopes to make some big…