Real Estate News
Here is a collection of the latest real estate news and headlines beneficial for buyers and sellers. If you have any questions relating to your real estate needs just give us a call.
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October pending home sales fall unexpectedly, as high prices take their toll on buyers
Strong, pandemic-induced demand for housing is still there, but buyers may now be hitting an affordability wall. Read Article
Evictions have led to hundreds of thousands of additional Covid-19 cases, research finds
Expiring state eviction bans have led to hundreds of thousands of additional coronavirus cases, new research finds. Read Article
How to break the late rent, missed mortgage payment cycle
As many as 35 million Americans face eviction due to an inability to make housing payments. Here's a step-by-step plan to keep yourself in your home, for good. Read Article
Buying a home: Why it's harder for younger generations than their parents
A report by the Urban Institute estimates 3.4 millennials would be homeowners had the rate of homeownership kept up with previous generations. Read Article
Another record low mortgage rate just caused demand to jump for both refinances and home purchases
Mortgage interest rates have set record lows more than a dozen times this year, and last week there was yet another. That caused mortgage applications to rise. Read Article
A record 19.4 million homeowners can now save big on a mortgage refinance, as rates hit another new low
Homeowners now have unprecedented potential to save on their monthly payments through a mortgage refinance. Read Article
Home prices see biggest spike in 6 years in September, according to S&P Case Shiller
Covid-induced demand from homebuyers over the summer caused an exceptionally strong spike in home prices Read Article
Former subprime player claims he can now short the mortgage market for climate and Covid risks
Climate change and Covid are creating huge risks for widespread defaults on home loans. Read Article
Trump International Hotel Washington DC sale put on indefinite hold
The Trump Organization hired Jones Lang LaSalle to shop the hotel to potential buyers last fall hoping for a price of about $500 million. Read Article
12 million Americans set to lose unemployment benefits by year's end
Unemployment benefits will terminate for millions of workers at the end of the year, just as rent and student loan protections lapse, absent federal extensions. Read Article