Renters continue to feel the economic effects of the COIVD-19 pandemic and resulting job losses. Thirty-eight percent of renters in Assurant‘s MultiFamily Housing Renters Perspective Study said that they will need rent relief help during the next 90 days, and
Julie Schendel, SVP at Wells Fargo, to speak at engage.marketing tomorrow
As technology continues to develop and adapt, marketers have to be one step ahead of those changes to ensure the right message makes it into the right hands before the competition. That’s why we’ve invited Julie Schendel, senior vice president
Here’s how much unemployed service-sector employees owe in housing payments, despite benefits
Service-sector employees in the U.S. who are currently receiving unemployment benefits due to COVID-19, owe more than $1.7 billion in rent and mortgage payments each month, according to a report from Zillow. The latest unemployment data, released last week, shows
Mortgage applications jump 13%
Applications for purchase mortgages gained for the eighth consecutive week to a level that was 13% higher than a year ago as states continue to reopen across the country according to a report by the Mortgage Bankers Association. A seasonally
6 Austin Neighborhoods to Watch This Homebuying Season
Austin, Texas continues to grow in popularity and for good reason. Downtown Austin has so much to offer, with a big music scene, great restaurants with unique culture, awesome parks for biking and walking, and a collaborative tech environment. If
16 Staycation Ideas: How to Create the Ultimate Summer Vacation at Home
Summertime brings warmer weather, longer days, and dreams of vacations to beaches or new cities. But what happens when your vacation gets canceled, you’re budgeting to afford a new house, or travel just isn’t possible because we still need to
Newly Unemployed Service Workers Owe More Than $1.7 Billion a Month in Housing Payments
Federal and state aid are helping to plug gaps in the short term Go to Source Author:
How to Plan the Perfect Patio
For many homeowners, the patio borders on magical: a place to relax, entertain, cook out and take a break from the day-to-day. It’s surrounded by vibrant hues, and a meal prepared in an outdoor kitchen somehow tastes better than anything
How to Create Your Ultimate Outdoor Kitchen
As summer approaches and temperatures start to rise, no one wants to spend time inside sweating over a hot stove. With an outdoor kitchen, you can make the most of the beautiful warm nights by spending them with your friends
Americans’ anxiety about bills dropped in May, Fed survey shows
Americans worried less about paying bills in May as the economy began reopening with new safety measures aimed at stopping the spread of COVID-19. About 12.6% of people worried they wouldn’t be able to make minimum debt payments in May,
Looking for a bargain? There’s still time to find houses that are “pandemic priced”
Home prices are responding to buyer demand in many parts of the country, but that doesn’t mean homebuyers can’t still find a bargain, especially for more expensive homes. According to the latest COVID-19 report from Weiss Analytics, thousands of home
Is there evidence of a Silver Tsunami home price crash?
The Silver Tsunami home price crash thesis was introduced in 2008 when the first baby boomers started turning 62 years old. Now, more than a decade later, those first baby boomers are turning 74, and this thesis is reemerging as
Searching for a virtual summer camp? The Federal Reserve banks have you covered
For many parents, working remote has included wrangling kids who converted to distance learning in the midst of the COVID-19 pandemic. Now, as students transition to summer, parents are relieved of the duty to oversee schoolwork, but since many traditional
TCPA ruling by appeals court blocks some debt calls
The U.S. Court of Appeals for the Ninth Circuit in San Francisco issued a ruling last week making it harder for lenders to contact borrowers in arrears. It also made life a bit easier for people who have new cell
Share of mortgages in forbearance rises to 8.5%
Almost 4.3 million mortgages were in forbearance during May’s final week, representing 8.53% of outstanding home loans, the Mortgage Bankers Association said on Monday. The numbers increased from 4.2 million mortgages in the prior week, which accounted for an 8.46%
Zillow Offers resumes buying in 6 more markets, noting traffic to for-sale listings is up 51% from a year ago
On Tuesday, iBuyer Zillow Offers resumed buying homes in six more markets, bringing the total number of re-opened markets to 15. The company paused its iBuying in 24 markets on March 23 due to the COVID-19 pandemic. Beginning Tuesday, iBuying
Renters say they are less likely to renew lease after pandemic
Homeowners isolated because of the coronavirus pandemic are seeking more space away from the city, and renters are feeling the same way. And despite stimulus checks, the paycheck protection program and other government resources, nearly 61% of households in the
It’s time to nominate your 2020 HousingWire Insiders
The HousingWire Insiders program is now accepting nominations, and we want to see your operational superstars! The HW Insiders Award program recognizes your organization’s operational all-stars — those insiders that are your company’s best-kept secret, yet vital to success. They
MBA announces appointment of Michael Briggs as SVP and general counsel
The Mortgage Bankers Association has announced its appointment of Michael Briggs as senior vice president and general counsel. Prior to his appointment at the MBA, Briggs was the assistant general counsel for the consumer law section at the Federal Deposit
The Important Tax Benefits of Real Estate Investing
If you are planning on increasing your wealth, the best investment to deal with is the real estate. Investing in real estate has some incredible tax benefits. Other benefits are an increase in property value due to appreciation and good
Eric Simon, the Broke Agent, to speak at engage.marketing
The HW+ community is supposed to be a place of support and collaboration, so I am going to start with some honesty here. This article started out with this… And I am really hoping I am not alone! Surprisingly, the
Here’s evidence of V-shaped recovery
Purchase applications were up 18% compared to the same time last year and up 6% from a week ago. This gives us two back-to-back weeks of positive year-over-year prints for purchase applications in the final weeks of the typical housing market
Putting words into action: California brokerage cuts ties with Facebook over values
Independent California brokerage, Ashby & Graff Real Estate, pressed pause on its five-figure Facebook ad budget in January 2019. Recently, Ashby & Graff got rid of its Facebook business page entirely. The brokerage released a statement on Monday in response
Mortgage forbearances fall for the first time
The number of mortgages in forbearance declined this week for the first time since the start of the COVID-19 pandemic, Black Knight said in a report on Friday. The number dropped to 4.73 million from 4.76 million in the prior