Real estate is still a hot market with some buyers & sellers merely shifting their timing down the line. Here are the updated 2020 housing market predictions. It has become difficult to come up with a solid housing market forecast
Cincinnati Real Estate Market 2020 Overview
We will discuss the latest Cincinnati real estate market trends & news and find out how they can affect the investors and homebuyers in the latter half of 2020. Low-interest and unemployment rates, the influx of high-paying jobs, and very affordable housing
Columbus Real Estate Market 2020 Overview
We will discuss the latest Columbus Ohio real estate market trends & news and find out how they can affect the investors and homebuyers in the latter half of 2020. Columbus is a slowly and steadily growing real estate market that
Powell urging examiners to go easy on forbearances
The Federal Reserve is urging its examiners to go easy on banks offering forbearance to borrowers impacted by COVID-19, and will be issuing additional guidance on the issue, Chairman Jerome Powell told Congress on Wednesday. Powell’s statement came in response
Housing starts rise 4.3% as crews return to building sites
Housing starts gained 4.3% in May as construction crews returned to building sites amid an easing of COVID-19 restrictions, according to a government report published on Wednesday. Builders broke ground on 974,000 homes last month, from an upwardly revised 934,000
Online listing views show renewed interest in migration to suburbs
Summer homebuying season continues to heat up. In new data released by realtor.com on Wednesday, listing views in suburban ZIP codes grew 13% in May, nearly doubling the pace of growth in urban areas. Suburban listing views in May 2020
Rate of decline in home maintenance activity eases slightly in May
May housing activity declined year over year “across the board” according to a report by Buildfax, a property condition data service provider. However, the report states positive homebuilder sentiment and an increase in construction hiring suggests these slowdowns will eventually
FHA extends foreclosure and eviction moratorium again
On Wednesday, the Department of Housing and Urban Development announced that the Federal Housing Administration is providing a two-month extension of its foreclosure and eviction moratorium through August 31, 2020. This is the second extension the FHA has enacted since
FHFA extends foreclosure moratorium to end of August
The Federal Housing Finance Agency on Wednesday extended the foreclosure and eviction moratorium for borrowers with mortgages backed by Fannie Mae and Freddie Mac until “at least” Aug. 31, the federal watchdog said. “During this national health emergency no one
42% of people who bought homes during the pandemic engaged in a bidding war
The COVID-19 pandemic upended just about everything this year, and that includes much of the home-buying process. A new study from Clever revealed that homebuyers who bought between January and May this year are twice as likely to have anxiety
[PULSE] Stevens on nonbank membership in the FHLB system
The Urban Institute recently published an article about FHLB (Federal Home Loan Bank) membership. In their review, they state how nonbanks align with the FHLB mission, but also focus in on a lack of oversight and the challenge to safely
7 Home Inspection Nightmares and How to Fix Them
Closing on a home is exciting, but sometimes you encounter “inspection nightmares” that can break the deal. As a seller, inspection surprises can force you to spend thousands of unexpected dollars to get your house on the market. As a
Economy needs more help from Congress, Powell says
Failure to provide additional legislative support to an economy reeling from COVID-19 will worsen the inequality that has led to mass protests in America in recent weeks, lead to more small-business failures, and extend the recession, Federal Reserve Chairman Jerome
Purchase applications reach highest level in over 11 years
A seasonally adjusted index measuring purchase applications jumped 8% last week, according to a report from the Mortgage Bankers Association. While the week prior saw the seasonally adjusted index rising to its highest level since January, this week the MBA
Bidding Wars Climb in May as Coronavirus Intensifies Housing Shortage
Half of Redfin offers faced competition, up from 44% in April. In May, 49.4% of Redfin offers faced competition, up from 43.9% during the prior month. While sellers are jumping back into the market as states across the country reopen,
8 Interior Design Ideas to Help Make You Happier at Home
The outside world can be stressful and uncertain – especially right now. Additionally, our personal priorities pull us in many directions, from work calls and meetings to children’s activities, online schooling, and just the normal rigors of life. That’s why
Interest in Single-Family Homes Hits Four-Year High
Web searches for single-family homes have popped as the coronavirus pandemic has turned privacy into a hot commodity. Online searches for single-family homes rose to the highest level in four years last month. This comes as the coronavirus pandemic drives
Decluttering and Downsizing: A Guide for Seniors and Their Loved Ones
There are all kinds of benefits to downsizing in your golden years — lower energy bills, a smaller space to clean and maintain, and the potential of moving closer to loved ones. It’s a wonderful way to open the door
How To Make Money In Real Estate And Get Rich?
There is no short cut to make money in real estate or to get rich quickly, but you can slowly and steadily build wealth through successful real estate investing. Investing in real estate stands out as a tried and tested
How To Buy A Rental Property: 13 Tips For Beginners
Looking to purchase and profit from a rental property? In this article, we’re going to give you some important tips on how to buy a rental property. These are the steps every budding property investor should take to pick a
Houston Real Estate Market 2020 Overview
We will discuss the latest Houston real estate market trends & news and find out how they can affect the investors and homebuyers in the latter half of 2020. The housing market has been impacted by the pandemic and slumping oil prices
Best Ways To Consolidate Your Debts In The Crisis of Coronavirus 2020
Debt consolidation means getting a new loan to pay off all your debts through a single payment plan. With the help of debt consolidation, you can also pay off multiple unsecured loans from credit cards, medical bills, personal loans, payday loans,
Housing professionals, you have the tools – Now use them
Yesterday’s opening day of engage.marketing was very tactical, but Day 2 really doubled down on actionable tactics that any Realtor, loan officer or industry pro can implement right away. The day started out with a bang with some of the
Homesnap introduces concierge lead-gen service to real estate agents
Real estate tech company Homesnap introduced Homesnap Pro+ Concierge, which uses machine learning to run custom ads on Facebook and Google and deliver pre-qualified leads, Homesnap said. Homesnap Pro is the industry-facing version of the Homesnap platform built specifically for