Boston Real Estate Investors Association

Oppose the CDC’s Eviction Moratorium!

Oppose the CDC’s Eviction Moratorium! The September 4th Nationwide Eviction Moratorium launched by the Centers for Disease Control and Prevention is an absolute over-reach and in direct contrast to the state-by-state and county-by-county approach of the Trump Administration and at direct odds to the successful prevention techniques being utilized throughout the country. Additionally, for the […]

CDC to Order Temporary Halt in Nationwide Evictions to Prevent the Further Spread of COVID-19

CDC to Order Temporary Halt in Nationwide Evictions to Prevent the Further Spread of COVID-19 Bloomberg is reporting that the Center for Disease Control and Prevention is planning to temporarily halt residential evictions nationwide for individuals earning less than $ 99k/year to prevent the Coronavirus from spreading, according to an unnamed senior administration official.  Bloomberg […]

US long-term mortgage rates edge up, but stay under 3%

US long-term mortgage rates edge up, but stay under 3% The average rate on the 15-year fixed-rate mortgage declined, however. The post US long-term mortgage rates edge up, but stay under 3% appeared first on Boston.com Real Estate.

Share of Multifamily Built-for-Rent Reaches New High

Share of Multifamily Built-for-Rent Reaches New High The NAHB’s Eye on Housing recently took a look at multifamily construction data from the U.S. Census Bureau to reveal that market share of multifamily construction starts increased to 96% during Q2, 2020.  Breaking that down further, there were just 3k condo multifamily unit starts, however there were […]

Pending Home Sales Up 5.9% in July

Pending Home Sales Up 5.9% in July The National Association of Realtors is reporting that pending home sales jumped 5.9% in July – marking three consecutive months of increases.  The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) rose to 122.1 with every major region experiencing an increase in month-over-month contract […]

Mortgage Delinquency Rates Spike in Q2

Mortgage Delinquency Rates Spike in Q2 According to the Mortgage Banker Association’s latest National Delinquency Survey, mortgage delinquencies spiked 386 basis points from Q1 to Q2, coming in at a seasonally adjusted rate of 8.22% – which they say is the highest overall delinquency rate in nine years. The MBA says that the pandemic’s effects […]

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