Most Buyers Want a Home Office With the Coronavirus pandemic forcing people to work from home (if they’re able) the number-crunchers over at the NAHB’s Eye on Housing reexamined some data. They took another look at the 2018 NAHB’s consumer preference study (the most recent available), What Home Buyers Really Want and discovered that 65% […]
Homeowners who delayed their mortgage payments won’t be shut out of the market after all Borrowers will be able to obtain new loans three months after their forbearance period ends. The post Homeowners who delayed their mortgage payments won’t be shut out of the market after all appeared first on Boston.com Real Estate.
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Can the coronavirus spread through a building’s HVAC or plumbing systems? ‘There is concerning evidence that there may be some hybrid form of transmission — not just droplets, but potentially airborne or aerosol transmission .’ The post Can the coronavirus spread through a building’s HVAC or plumbing systems? appeared first on Boston.com Real Estate.
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Yardi Says Impact of Pandemic on Apartments Beginning to Emerge According to the latest Yardi Matrix, the average U.S. rent in April was $ 1,465 (down $ 8). That being said, Yardi says rents increased 1.6% on a year-over-year basis, however they point out that it marks the biggest one-month decline in their dataset, including
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Keep Your Mobile Phone Clean, Too! In today’s business environment the mobile phone has not only become an essential tool, but is nearly ubiquitous among our society. Throw in the current Coronavirus pandemic that the world is experiencing and you realize that you’re potentially carrying around a little germ-trap. A while back we posted about
Local Market Monitor’s National Economic Outlook – May 2020 Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their thoughts on developments taking place in the U.S. economy. National Economic Outlook By Ingo Winzer May 11, 2020 – We can now see the depth of the
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Here’s what open houses look like during the COVID-19 pandemic In Greater Boston and its environs, there are 900+ open houses this weekend, a search in the Multiple Listing Service shows. The post Here’s what open houses look like during the COVID-19 pandemic appeared first on Boston.com Real Estate.
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Mortgage Credit Availability Decreased in April The Mortgage Bankers Association is reporting that their Mortgage Credit Availability Index (MCAI) decreased 12.2% in April, which they say is an indicator that lending standards are tightening. The MCAI report analyzes data from Ellie Mae’s AllRegs Market Clarity business information tool. Indeed… “The abrupt weakening of the economy
FHFA Extends Foreclosure and Eviction Moratorium The Federal Housing Finance Agency (FHFA) announced in mid-May that they are extending their moratorium on foreclosures and evictions until at least June 30, 2020. The foreclosure moratorium applies to Enterprise-backed (Fannie Mae & Freddie mac), single-family mortgages only. The current moratorium was set to expire on May 17th.
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Why Requiring Renter’s Insurance is a Pro Landlord Move In a recent episode of the Rent Perfect podcast, David Pickron talks about the importance of requiring renters insurance in rental leases. He says many landlords miss the mark by not requiring their tenants to have a Renters Insurance policy. David is joined by insurance veteran
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