by Susanne Dwyer | Jun 11, 2020 | Industry News |
A new Zillow report found that more than $1.7 billion in rent and mortgage payments are owed each month by U.S. service-sector workers who are currently receiving unemployment benefits due to the COVID-19 pandemic. These workers include employees in the food, arts,...
by Susanne Dwyer | Jun 11, 2020 | Industry News |
Despite continued challenges from the coronavirus pandemic, the real estate markets continue to show signs of recovery. Realtor.com® recently launched a Housing Recovery Index, which measures the market’s rebound, weighing averages of search traffic, median list...
by Susanne Dwyer | Jun 11, 2020 | Industry News |
U.S. homeowners with mortgages—accounting for about 63 percent of all properties—saw home equity gains of 6.5 percent YoY on average, a $590 billion increase since Q1 in 2019, according to CoreLogic’s Q1 2020 Home Equity report. Since the fourth quarter in 2020,...
by Susanne Dwyer | Jun 11, 2020 | Industry News |
The Federal Housing Finance Agency (FHFA) is extending several loan origination flexibilities currently offered by Fannie Mae and Freddie Mac designed to help borrowers during the COVID-19 national emergency. Flexibilities extended until at least July 31 include:...
by Susanne Dwyer | Jun 10, 2020 | Agent, Best Practices, Latest News, Lead Story |
If there’s one thing the coronavirus pandemic has taught us, it’s how to work smarter. When stay-at-home orders made certain parts of the real estate process off limits, we learned to adapt to get the job done effectively. This same idea can be applied to...