A senior campaign official said a Biden administration would take aim at so-called like-kind exchanges, which allow investors to defer paying taxes on the sale of real estate if the capital gains are reinvested in another property and said they would prevent investors from using real-estate losses to lower their income tax bills. Called “The …
Published by ZeroHedge on July 20, 2020 Delinquency rates across commercial properties have shot up faster than at any other time. As thousands of restaurants, hotels, and local businesses in the U.S. struggle to stay open, delinquency rates across commercial mortgage-backed securities (CMBS) – fixed-income investments backed by a pool of commercial mortgages – have tripled …
Commercial Mortgage Delinquencies Near Record Levels Read More »
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 …
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 …
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. …
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