Can Empty Offices Become Affordable Housing?

Published by REALTOR Magazine on August 12, 2020 More employees are working remotely since the COVID-19 pandemic, a trend that may last for some companies. America’s business districts may be poised for a metamorphosis, Realtor.com® reports. More employees are working remotely since the COVID-19 pandemic, a trend that may last for some companies. High-rise office …

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Top 10 U.S. Metros with the Highest Foreclosure Rates in Q2 2020

Published by AttomData on July 17, 2020 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — in the first six months of 2020, hit an all-time low with 165,530 filings reported.  According to ATTOM Data Solutions’ recently released Midyear 2020 U.S. Foreclosure Market Report, U.S. properties with foreclosure filings — default …

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Housing Prices Hold Steady

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. …

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Census: Survey shows 26.4% Missed or Expect to Miss Rent or Mortgage Payment

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 …

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Poll: 83% of Voters Don’t Like Obama Neighborhood Diversity Rule

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 …

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Rent Prices Report Slowest Growth Since 2010

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, …

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