Published by Mortgage Bankers Association on July 29, 2020 The Standard & Poor’s CoreLogic Case-Shiller Home Price Indexes reported modest home price increases in May, showing a stable trend amid recent market volatility. The report said the National Home Price NSA Index showed a 4.5% annual gain in May, down slightly from 4.6% in April. …
THE PAPER SOURCE JOURNAL has been published every month since 1987 and is the original, oldest and ONLY newsletter for note investors and brokers. It remains a printed publication by subscriber demand, But you can read a PDF of the August, 2020 issue here. For subscription information, click on “The Paper Source Journal” tab above. …
By Lew Sichelman Published by the Hartford Courant on August 5, 2020 Investors in private mortgages are licking their chops over what some see as a pending tidal wave of note sales in the coming months. They believe many sellers will be forced to finance their own sales — or, in the parlance of the …
Published by Calculated Risk on July 22, 2020 Employment in the U.S. Census Bureau Household Pulse Survey fell by -4.1 million last week alone. That’s a cumulative loss of -6.7 million jobs between the reference weeks used for the June & July monthly jobs report. Seasonality and survey noise may be factors here – the …
Census: Survey shows 26.4% Missed or Expect to Miss Rent or Mortgage Payment Read More »
Published by Breitbart on 8/5/2020 A large majority of Americans agree with President Donald Trump’s decision to reverse an Obama-era regulation designed to bring “diversity” to neighborhoods through incorporating low-income housing, according to poll of 1,000 likely voters. Rasmussen Reports found that 83 percent of respondents said the federal government should not play a role in deciding …
Poll: 83% of Voters Don’t Like Obama Neighborhood Diversity Rule Read More »
Published by Realtor Magazine on July 30, 2020 Landlords, brace yourselves: Your tenants are likely going to ignore some of your rules. Luckily, the most common offenses center around decorating and aren’t too serious. The top offense? One in four tenants make holes in walls (often from nails). That offense is most common among renters …
Published by DSNews on July 21, 2020 Lower-priced rentals continued to prop up national rent price growth, continuing a trend from April 2014. Single-family rents rose 1.7% annually in May 2020—the lowest growth rate since July 2010—according to CoreLogic’s Single-Family Rent Index (SFRI). CoreLogic noted rental demand is still impacted by unemployment rates and stay-at-home orders, …
Published by Breitbart on July 30, 2020 Although many have been flexible, the situation has been going on for months and the landlords need to get paid as well. One local hair salon owner said she is not sure how she is supposed to pay her rent when she is barred by law from working …
San Francisco Landlords Panicking About Small Businesses Not Working Read More »
By Shannon McGahn | Published by Realtor Magazine on July 23, 2020 Eliminating 1031 like-kind exchanges would hit mom and pop investors hardest and cause a devastating domino effect on the economy. Thanks to forbearance and other emergency benefit programs, the residential real estate market is holding strong during the pandemic. Millions of Americans are actually …
Published by National Real Estate Investor on July 29, 2020 In the second quarter, the U.S. homeownership rate jumped to 67.9 percent, according to the Census Bureau. (Bloomberg)—The U.S. homeownership rate, led by young buyers, jumped to the highest level since 2008, signaling that the housing boom underway before the pandemic has only accelerated. The …
U.S. Homeownership Rate Soars to Highest Level Since 2008 Read More »
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