As renters emptied out of the nation’s most expensive cities due to the one-two punch of the coronavirus pandemic and ensuing recession, monthly rental prices in those areas nosedived.
The post Monthly Rental Prices Nosedive in New York and San Francisco: How Low Can They Go? appeared first on Real Estate News & Insights | realtor.com®.
New forms are showing up in some borrowers’ paperwork when they close on their home loan. Lenders are asking them to confirm that they don’t plan to skip their payments, at least not right away.
The post Before Making Loans, Some Mortgage Lenders Ask, Do You Really Plan to Pay This? appeared first on Real Estate News & Insights | realtor.com®.
Homeowners who refinance their mortgages in the next three months will avoid paying the additional fee averaging $1,400 after an outcry from industry groups, lawmakers and the White House.
The post Mortgage Refinance Surcharge Delayed by Fannie, Freddie Until Dec. 1 appeared first on Real Estate News & Insights | realtor.com®.
California’s wildfires and the hurricane aimed at the Gulf Coast couldn’t come at a worse time as the nation grapples with a recession and deadly pandemic.
The post As Hurricane and Wildfires Threaten Homes, Coronavirus Complicates a Recovery appeared first on Real Estate News & Insights | realtor.com®.
Hundreds of renters in New Orleans have received eviction notices this summer due to unpaid rent—and local advocates and officials expect the worst is yet to come, right as hurricane season gets under way.
The post New Orleans Braces for Evictions as Renters Fall Behind, Belongings Pile Up on Streets appeared first on Real Estate News & Insights | realtor.com®.
Home prices have been defying logic, rising to record highs in the midst of the pandemic and a recession. Is the housing market overheating—and a correction looming?
The post Home Prices Are Still Shooting Up, but Is This a Bubble About To Burst? appeared first on Real Estate News & Insights | realtor.com®.
The Covid-19 crisis has delivered a stunning gut-punch to the New York City luxury real-estate market. Can it ever fully recover?
The post Covid-19 Pounds New York Real Estate Worse Than 9/11, Financial Crash appeared first on Real Estate News & Insights | realtor.com®.