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Zillow
Zillow: Coronavirus is slowing the housing market
By
Mike Wheatley
| April 9, 2020
Mortgage
,
Real Estate
FHA borrowers to get more mortgage relief options
By
Mike Wheatley
| April 7, 2020
A wider set of tailored relief options are to be offered to people with Federal Housing Administration-insured mortgages who’re unable to make their payments due to the COVID-19 pandemic, the Department of Housing and Urban Development said last week. Under the new measures, mortgage servicers can extend deferred or reduced payment options to FHA borrowers […]
US Real Estate
,
Zillow
Study reveals coronavirus impact on food and retail workers
By
Mike Wheatley
| April 7, 2020
American renters who work in food and retail industries can find themselves spending 40% of their annual income on housing costs if they are unable to work for two months - up about six percentage points from their current rent burden. As local governments limit or close businesses to stop the spread of the coronavirus, […]
US Real Estate
Home insurance firms expect disruption from COVID-19
By
Mike Wheatley
| April 4, 2020
Insurance firms say that the disruption caused by the COVID-19 pandemic is likely to affect the ability of many Americans to pay their homeowners and renters insurance, and many are responding by offering temporary payment suspensions. “For auto and home insurance customers who are negatively impacted by the coronavirus, we are extending payment dates and […]
Featured News
,
Housing
4 long-term impacts the COVID-19 outbreak will have on housing
By
Mike Wheatley
| April 3, 2020
Everyone agrees that the COVID-19 outbreak is set to have a long lasting impact on the U.S. economy, and the housing market is no exception. In a new report this week, Apartment List has outlined some of the long-term changes it thinks will affect real estate. 1. Reduced mobility The report notes that people’s mobility […]
US Real Estate
How Is the COVID-19 Crisis Affecting Real Estate?
By
Regina Gables
| April 2, 2020
In the wake of COVID-19, real estate agencies, like many businesses, are scrambling to maintain their income flow. Since housing is always a need, however, the real estate market may well recover more quickly than most businesses. In this new stark and uncertain climate, many realtors have stated that they have not seen interest in […]
Featured News
COVID-19: Some Cautionary Advice in Favor of Worst-Case Scenarios
By
Phil Butler
| March 30, 2020
The coronavirus (COVID-19) pandemic is shattering the global economy, so why is there no objective response from real estate industry experts?
Housing
,
Mortgage
Trump announces moratorium on foreclosures due to coronavirus
By
Mike Wheatley
| March 20, 2020
U.S. President Donald Trump announced Wednesday a full moratorium on foreclosures for homeowners with mortgages backed by Fannie Mae, Freddie Mac and the Federal Housing Administration. The Department of Housing and Urban Development has also provided help, saying it will suspend all evictions of public housing residents. It’s said that FHA loans and public housing […]
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