June Mortgage Demand Spikes to 11-Year High CNBC’s Diana Olick says buyers are rushing back into the housing market, enticed by record low mortgage rates and a pandemic-induced need to nest like never before. Citing data from the Mortage Bankers Association she also reported that Mortgage applications rose 4% last week from the previous week […]
Top 10 Zip Codes with Highest Home Flipping Profits According to ATTOM Data’s latest U.S. Home Flipping Report, home flipping nationwide increased to a 14-year high in Q1 of 2020, while returns dropped to a nine-year low. ATTOM says there were 53,705 single-family homes & condos flipped in Q1, representing 7.5% of all home sales
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Existing-home sales in the Northeast plummeted in May The NAR’s chief economist says May could turn out to be the bottom for the housing market. The post Existing-home sales in the Northeast plummeted in May appeared first on Boston.com Real Estate.
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Housing Starts & Permits Rebound in May The U.S. government is reporting that privately‐owned housing starts in May were at a seasonally adjusted annual rate of 974k, which is 4.3% higher than April’s revised number. May’s rate for units in buildings with five units or more was 291k. Privately‐owned housing units authorized by building permits
This Lenox Great Estate has hit the market for .9 million. Take a look inside. Built in 1927, it measures 11,7048 square feet and offers 26 rooms, including 13 bedrooms and 10.5 bathrooms. The post This Lenox Great Estate has hit the market for $ 5.9 million. Take a look inside. appeared first on Boston.com
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Census Data’s Impact on Housing Policy & Affordability With all of the craziness going on with the Coronavirus pandemic you’d be forgiven if you forgot that 2020 was a Census year….hopefully you and your family have answered it, but if not expect a visit in the near-future form a Census-taker. Today’s infographic from the National
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Federal CARES Act Eviction and Foreclosure Moratorium Extended To August 31 HUD Director Dr. Ben Carson Federal COVID-19 CARES Act Eviction and Foreclosure Moratorium Extended Another Two Months HUD Secretary Ben Carson announced yesterday that federal housing agencies have extended the CARES Act eviction and foreclosure moratoriums through August 31 for tenants and homeowners with Fannie
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HUD & FHFA Extend Foreclosure & Eviction Moratoriums through August The U.S. Department of Housing & Urban Development (HUD) announced in mid-June that they were extending their moratorium on foreclosures and evictions through August 31, 2020. The foreclosure moratorium applies to homeowners with FHA-insured Single Family mortgages. “While the economic recovery is already underway, many
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The N.Y. home of infamous Yankees manager Billy Martin is up for auction It comes with an 8-acre lake, a barn, and a suite named after close friend Mickey Mantle. The post The N.Y. home of infamous Yankees manager Billy Martin is up for auction appeared first on Boston.com Real Estate.
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Real Estate: What’s in it For Me? Many people are interested in real estate, but don’t really know much about it. They know that it seems that a lot of people have made a lot of money in real estate (or achieved other goals using it), and they wonder if maybe there could be something