Published June 27, 2020 by MarketWatch | Written by Jacob Passy The economic fallout from the coronavirus pandemic has made the high rents in some parts of the country untenable With record numbers of Americans out of work because of the coronavirus pandemic, rents are decreasing in many parts of the country. Apartment List, an …
Rents are softening nationwide — but here’s where they are falling the most Read More »
Published June 24, 2020 by MarketWatch | Written by Jacob Passy ‘It’s likely housing will feel the broader economy’s downturn eventually,’ one economist says Home prices have continued to increase throughout the coronavirus pandemic, despite the hurdles the outbreak caused for the real-estate industry. The Federal Housing Finance Agency house price index rose 0.2% on …
Published by Bankrate.com on June 17, 2020 Mortgage rates reached a new all-time low last week. The benchmark 30-year fixed-rate mortgage dipped to 3.43 percent, a new record, according to Bankrate’s weekly survey of large lenders. This is the third week in a row that rates have fallen to a new low. The 30-year fixed-rate …
Benchmark 30-year mortgage rate falls to another all-time low Read More »
By Steve Noviello Published June 10 Sally Tackett thought she found the perfect house in Arlington in the right neighborhood and at the right price. Tackett really needed a break after, according to the police report she filed, she had just gotten scammed on a different house for rent. “We were doing everything by text and email,” …
Buyer Beware: Arlington woman scammed out of rental home — twice Read More »
Published by REALTOR Magazine on May 19, 2020 Application fraud is growing in residential rental markets since the COVID-19 crisis, according to a new analysis from Snappt, a real estate tech and fraud detection company. Applicant fraud has risen 9% month-over-month since the pandemic, with some inflating their income to qualify for rental or disguising …
Some of the issues of the June, 2020 PAPER SOURCE JOURNAL had a printing problem making the charts difficult to read. Click below for clear copies. You may have to zoom in. These are the first three pages of the 16 pages of the June issue: https://papersourceonline.com/wp-content/uploads/2020/06/june-charts.pdf Information on THE PAPER SOURCE JOURNAL is at …
By Cortney Moore|FOXBusiness More than 25 states have COVID-19 eviction moratorium orders: Alaska: Moratorium on evictions set to expire June 30. Arizona: Moratorium on evictions set to expire July 22. *Colorado: Moratorium on evictions expired on May 30 but Denver’s mayor issued a hold on evictions. Connecticut: Moratorium on evictions set to expire July 1. Delaware: Moratorium on evictions during the COVID-19 state …
States That Still Have A Virus-Related Evictions Moratorium Read More »
By Brittany De Lea FOXBusiness Per-property views for homes located in the suburbs grew by 13 percent in May, about double the pace of views for residences in urban areas, according to Realtor.com. Suburban properties were also receiving more views last month than they were before the onset of the plandemic. While the popularity of the …
Suburbs in Southern states surge in popularity amid plandemic Read More »
Published by REALTOR Magazine on May 20, 2020 As no-eviction orders went into place due to the COVID-19 pandemic, some landlords are finding tenants taking advantage of the situation by squatting in short-term rental properties, which they say is costing them thousands of dollars in missed returns they’ve come to rely on during this time …
No-Eviction Rules Prompt Squatting in Posh Summer Enclaves Read More »
Published by REALTOR Magazine on June 11, 2020 The Federal Reserve announced Wednesday that it would keep its benchmark interest rate near zero through 2022—a move that could set the course for record low mortgage rates for the next three years. The Fed’s key rate doesn’t directly affect mortgage rates, but it often influences …
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