W. J. Mencarow

Published by Breitbart on July 16, 2020 Homebuilder sentiment is soaring as Americans rethink their housing in the aftermath of urban looting and rioting, police defunding campaigns, surging shootings, and months of being shut inside due to the coronavirus pandemic. The National Association of Home Builders/Wells Fargo Housing Market Index jumped 14 points to 72 …

Flight to Suburbs: Homebuilder Sentiment Soars to Pre-Pandemic Heights Read More »

Published by FOX Business on July 18, 2020 Some have been saving for a home since the end of the Great Recession Americans are fleeing big cities as the COVID-19 pandemic sparks a newfound appreciation for socially-distanced space in the suburbs. The mass migration has created an opportunity for millennials and other first-time home-buyers, in particular, to take advantage …

Coronavirus gives millennials rare home-buying opportunity Read More »

Published by Realtor.com on July 1, 2020 Key Highlights: National inventory declined by 27.4 percent year-over-year, and inventory in large markets decreased by 26.5 percent The inventory of newly listed properties declined by 19.3 percent over the past year, and 16.2 percent in large markets The June national median listing price was $342,000, up 5.1 …

Lack of Inventory was Buyers’ Biggest Hurdle in June Read More »

Published by REALTOR Magazine on July 14, 2020 As some federal unemployment benefits set in place as a result of the pandemic are about to expire at the end of this month, millions of Americans could be faced with uncertainty—particularly renters. Since mid-March, 44 million Americans have filed for unemployment, HousingWire reports. About 110 million …

Could 20 Million Renters Be at Risk of Eviction? Read More »

Published by REALTOR Magazine on July 9, 2020 Millions of Americans have relocated this year due to the COVID-19 outbreak, according to the Pew Research Center. New data released this week shows that 22% of Americans either moved or know of someone who did. The reasons vary, researchers say, such as college students moving out of …

1 in 5 Americans Have Moved During the Pandemic Read More »

Published by REALTOR Magazine on July 7, 2020 Real estate professionals in the commercial and residential sectors largely believe the industry has already hit bottom and is now on the mend with expectations of growth over the next several quarters, according to the RCLCO Real Estate Market Index, based on a June 2020 survey of …

Have All Real Estate Sectors Hit Bottom? Read More »

Published by REALTOR Magazine on March 27, 2020 Freddie Mac says it will never reach out to consumers over the phone with a refinancing opportunity or a new loan. Scam artists are reportedly using multiple methods, including spoofing tactics, to try to trick struggling homeowners with offers of financial aid. As some homeowners struggle from …

Scammers Are Trying to Dupe Homeowners Who Need Help Read More »

By Dominic-Madori Davis | Published by Business Insider | Jun 13, 2020 Many Americans are now at risk of being evicted from their homes. The United States is preparing to deal with yet another crisis: an eviction crisis. Business Insider’s Carmen Reinicke reported that 44 million Americans have filed for unemployment in the last 12 weeks. …

As eviction bans across the country start to lift, the U.S. could face an eviction ‘apocalypse’ Read More »

Published by Forbes on June 18, 2020 The foreclosure moratorium had been set to expire at the end of June. The Federal Housing Finance Agency (FHFA) this week announced that it would extend its ban on foreclosures and evictions until at least Aug. 31. This is the second time the FHFA has lengthened its moratorium, …

Home Foreclosures And Evictions Banned Through Summer Read More »

Written by Michael Bannett | Published by REALTOR Magazine on September 18, 2019 Property managers must abide by strict rules when using common reports to determine the eligibility of prospective renters. Make sure you know what you can and can’t do with the information. When a rental application is under consideration, most property managers and landlords …

Are You Using Tenant Screening Tools Legally? Read More »