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Coronavirus pandemic fuels affordability crisis for homebuyers

September 24, 2020

PUBLISHED THU, SEP 24 20207:00 AM EDTUPDATED THU, SEP 24 20207:00 AM EDT Diana [email protected]/[email protected]@DIANAOLICK KEY POINTS The median home prices of single-family homes and condos in the third quarter are less affordable than historical averages in 63% of U.S. counties, up from 54% a year ago, according to Attom Data Solutions, a property data-base. […]


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Pandemic may lead to foreclosure crisis, CoreLogic says

September 10, 2020

Millions of American families could lose their homes amid COVID-19 pandemic, report says Housing Wire – September 9, 2020, 5:22 pm By Kathleen Howley A surge in the share of mortgages 90 days or more overdue in June is a signal the U.S. could be heading toward a foreclosure crisis, according to a CoreLogic report on Wednesday. The share […]


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California’s luster seems to be dimming

September 3, 2020

The Future of California Real Estate: Can the Golden State Survive? Realtor.com | By Clare Trapasso | Sep 3, 2020 Creative-Family/Getty Images California has long captured the nation’s imagination with its promises of the rich life, from the days of the gold rush to the rise of Hollywood and its star-making machine, to today’s booming tech sector. With its […]


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In coronavirus housing market, ‘better to be seller than buyer’

August 27, 2020

Fox Business – Published August 15, 2020 In coronavirus housing market, ‘better to be seller than buyer’ Home prices rose this spring in 96% of U.S. metro areas How coronavirus is changing real estate Brown Harris Stevens CEO Bess Freedman discusses how the coronavirus pandemic is changing home purchases. While the number of Americans buying homes is increasing as […]


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The 2020 San Francisco exodus is real, and historic, report shows

August 14, 2020

The 2020 San Francisco exodus is real, and historic, report shows By Andrew Chamings Published 11:34 am PDT, Friday, August 14, 2020 Photo: Zillow Real estate inventory change from February to July 2020, in metro area and city proper. A new report confirms what many have been talking about for weeks: There is a mass exodus out of […]


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Mortgage Rates Fall After Stalemate in Washington

August 5, 2020

By Matthew Speakman on Aug. 5, 2020 (zillow.com)   Mortgage rates moved notably downward this week, as a stalemate in Washington dampened investor sentiment. Recently, downward pressure on mortgage rates has been consistent, but a combination of factors — including increased demand from borrowers and reluctance from lenders to push rates lower – had kept them afloat. […]


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Professionals Flee America’s Biggest Cities For Fast-Growing Metros

July 9, 2020

Forbes Real Estate Council COUNCIL POST| Paid Program Real Estate Ari Rastegar is CEO of Rastegar Property Company, a vertically integrated real estate company with a focus on value-oriented real estate. GETTY Professionals have begun migrating en masse from America’s biggest cities to urban areas with hot job markets, more affordable costs of living and comparable […]


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18 Best Places to Buy Rental Property in 2020

June 30, 2020

Real Wealth Network, 06/24/2020 Summary: In this article you’ll learn about 18 of the best places to buy rental property in 2020. Discover why each of these markets is a great place to invest, read rental market statistics and more. Table of Contents Introduction: How Do We Know the Best Places To Buy Rental Property […]


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Bidding Wars Heat Back Up

June 23, 2020

NATIONAL ASSOCIATION OF REALTORS – June 23, 2020 A housing shortage that has increased since the pandemic began in March means buyers continue to face steep competition for the limited supply of homes. A new study from Clever Real Estate shows that 42% of buyers who purchased a home between January and May were in a […]


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Quote for the Day

May 26, 2020

Kindness is like snow- It beautifies everything it covers Kahlil Gibran


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