Rental and Home Prices Expected to Rise Even More This Year

Published by FOX Business | March 8, 2022 A mass exodus is driving people from expensive cities and it’s causing people in other places to become priced-out. Rent and home prices have seen major increases over the past year and in some places, they’ve hit record highs. The rising cost of living has caused people in …

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Weak Mortgage Demand Could Get a Big Boost Amid Ukraine Crisis

Published by CNBC | March 2, 2022 While mortgage rates rose to the highest level in two years last week, they have since fallen quite sharply due to the war in Ukraine. Mortgage demand stalled last week, as interest rates hit a multi-year high, but that will likely change quickly. Rates are now falling fast …

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Struggling Homeowners Can Get Between $15k and $80k From Pot of Federal Money

Published by CNBC | March 4, 2022 While many homeowners are on their way toward financial recovery after the worst days of the pandemic, the need for help continues. Most of the pandemic-era forbearance options for struggling homeowners have come to an end, but a pot of money allocated by Congress is still available for those who need …

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How Russia-Ukraine War Could Affect U.S. Housing, Economy

Published by REALTOR Magazine | February 25, 2022 Economists are warning that the U.S. housing market should brace for some possible changes in consumer behavior. Russian airstrikes battered Ukrainian cities this week, and the conflict is being felt around the globe. Financial markets worldwide likely will feel the impact from the Russian invasion of Ukraine, …

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Treasury: Most COVID Rental Aid Went to Low-Income Residents

Published by FOX Business | February 25, 2022 Lawmakers approved $46.5 billion in Emergency Rental Assistance last year More than 80% of the billions of dollars in federal rental assistance aimed at keeping families in their homes during the pandemic went to low-income tenants, the Treasury Department said. It also concluded that the largest percentage of tenants receiving …

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Investors Snapping up U.S. Single Family Homes — $49.9B in Q4 of 2021

Published by Breitbart News | February 18, 2022 Investors snapping up record amounts of single family homes is making it even more difficult for people shopping for a home. In the last three months of 2021, investors spent $49.9 billion on buying homes, according to a report in The Business Journals: In total, investors — which includes anyone …

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Housing Inflation, Supply Chain Create Builders’ Perfect Storm

Published by FOX Business | February 17, 2022 Lumber prices over the past year added over $18,600 to the average price of a new single-family home Like many consumers, U.S. homebuilders are feeling an inflation pinch as the industry stares down rising costs and ongoing supply chain delays. “The No. 1 problem right now is increased …

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Foreign Investments Exceed Pre-Pandemic Levels

Published by REALTOR Magazine | February 14, 2022 Foreign investors purchased $70.8 billion of U.S. commercial real estate in 2021 As COVID-19 travel restrictions began to lift last year, foreign investors flocked back to U.S. commercial real estate. Foreign investments exceeded pre-pandemic levels in 2021, a new report from Real Capital Analytics shows. Foreign investors …

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