Home Sellers in 2020 Averaged $69K in Equity : Owners of single-family homes and condos saw a 34.7% return on investment compared to the original purchase price—the highest gain since 2006.
NAR Joins Coalition Calling for Clarity in Rental Assistance : Housing groups urge federal agencies to provide more information on the distribution of $25 billion in rental assistance.
Biden Signs Executive Orders to Re-evaluate Fair Housing Policies : President Biden has signed a memorandum that directs HUD to reassess the effects of regulatory actions on fair housing policies and laws under the Trump administration.
$25B in Rental Assistance Is on the Way: Who Will Qualify? : Federal funds are expected to be disbursed to states today as part of the COVID-19 stimulus package passed last month.
Where You Can Still Snag Homes for $100K or Less : Home prices are surging by double-digit percentages annually, but deals can still be found in pockets throughout the country.
A Quarter of Homeowners Haven’t Moved in 20 Years : The aging in place trend has only accelerating during the COVID-19 pandemic, starving the market of much-needed housing.
2020's Existing-home Sales Attain 14-Year Peak : “This momentum is likely to carry into the new year with more buyers expected to enter the market,” says NAR’s chief economist. Read more from NAR’s latest housing report.
Uptick in Costs, COVID-19 Cases Shakes Builder Confidence : A major surge in lumber prices could hamper affordability, builders say. But for now, buyer demand for new homes remains strong.
Biden Extends Eviction Moratorium to March 2021 : In one of his first actions after taking office, President Joe Biden signed an executive order to extend the federal ban on evictions.
Building Boom: Homes Are Being Built Exclusively as Rentals : Investors believe rentals will stay in high demand in suburban locations as home prices continue to rise.
How Will COVID-19 Vaccine Rollout Affect Housing Markets? : With many more consumers likely to receive their shots in the next few months, many real estate experts are expecting a notable impact on buying and selling.
5 Ways Real Estate Investors Can Manage Cash Flow : If you or your clients own rental property, consider these financial strategies to bridge your income during economic uncertainty.
6 Decluttering Hacks for Your Kitchen : It can be difficult to keep a kitchen clean for every showing. Here are some organization tips to help your sellers maintain order.
Homeownership Still More Affordable Than Renting in Most Counties : The most affordable markets tend to be located in the South and Midwest, especially in counties with a population of less than 1 million.
Housing Construction Ramps Up in Second-Home Markets : As remote work has grown, higher earners have become drawn to the idea of a second home, and builders are taking notice.
Gen X, Millennials Likely to Keep Home Buying Strong for Years to Come : By 2028, the number of households is projected to increase by up to 12 million.
4 Design Tweaks to Make Commercial Buildings Safer : Property owners are hopeful that tenants will return this year but realize they may need to make building improvements to address COVID-19.
Exodus to the Suburbs Appears to Be Reversing : The latest housing data shows consumers returning to urban areas after abandoning cities for the suburbs in the early days of the COVID-19 pandemic.