Seller’s or Buyer’s Market? It’s Up for Debate : Buyers and sellers may both find an advantage in the housing market, but as one real estate analyst notes: “We are in uncharted territory.”
April 2020 Foot Traffic Report : Home viewings data from SentriLock®, LLC, a lockbox company, indicates a continued downward trend in home buyer traffic in April 2020 with respect to the prior month and one year ago in the wake of coronavirus social distancing measures, stay-at-home orders and the unprecedented rise in unemployment.
Most Consumers Aren’t Afraid to Return to the Market : Home buyers and sellers are depending on their real estate agents for information and reassurance about conducting transactions during the pandemic, according to a new survey.
Landlords Get Creative to Maximize Rent Collections : Find out how one property management company has achieved a 96% success rate in collecting rent payments during the pandemic.
Home Construction Stalled in April : “Despite today’s numbers, there is an undercurrent of long-term positivity in the housing market that will likely allow for a strong rebound,” says the builder’s trade group.
FHFA: Forbearance Won't Have Long-term Effect on Borrowers : The regulator of Fannie Mae and Freddie Mac debunks a 12-month wait to qualify for a new home purchase loan after entering forbearance.
COVID-19 Has Sparked a Rise in Rental Fraud : Two-thirds of property managers surveyed say they’ve fallen victim to fraudulent rental applications that involve inflated income or fabricated income sources.
Builders Offer Incentives to Draw Out Buyers : Homebuilders want to turn buyers on to new-home construction, and they’re willing to sweeten the pot to do so.
Sellers Holding Eager Buyers Back as States Reopen : Home buyers are reemerging, requesting to view homes in person, but sellers are spooked by the risks of contracting COVID-19.
What Property Managers Can Do If Tenants Can’t Pay : In many areas of the country, landlords are prohibited from evicting tenants who are experiencing financial hardship due to the COVID-19 pandemic. Take these steps if you’re losing rental income. From the virtual 2020 REALTORS® Legislative Meetings, April 27-May 15
Study Reveals the Best Months to Sell a Home : Over a nine-year period, these dates may offer the best opportunities for homeowners to sell at a premium, researchers say.
