CoreLogic: Georgia homes average $24K annual equity gain

The rise in equity could help stave off foreclosures because homeowners can tap into that equity and sell their home, unlike during the 2008 financial crisis when many homeowners found themselves underwater in their mortgage, according to CoreLogic.
The post CoreLogic: Georgia homes average $24K annual equity gain appeared first on Atlanta Agent Magazine.

Door Is Shut to Millions of American Homeowners in Need of Mortgage Relief as Pandemic Enters Year 2

Some 14.5 million single-family home loans are privately owned, with no federal backing, and occupy a gray area when it comes to government programs delaying foreclosure proceedings and granting payment forbearance.
The post Door Is Shut to Millions of American Homeowners in Need of Mortgage Relief as Pandemic Enters Year 2 appeared first on Real Estate News & Insights | realtor.com®.

A Happier New Year: Eviction, Foreclosure Freeze Extended Into 2021 for Lucky Few

Many renters and homeowners won’t lose the roof over their heads at the end of the year as the eviction and foreclosure moratoriums have been extended.
The post A Happier New Year: Eviction, Foreclosure Freeze Extended Into 2021 for Lucky Few appeared first on Real Estate News & Insights | realtor.com®.

Caution: A Housing Crisis Could Be Coming for These 10 Cities

With no end in sight to the coronavirus pandemic and the job losses it has wrought, millions of U.S. homeowners are behind on their mortgage payments. 
The post Caution: A Housing Crisis Could Be Coming for These 10 Cities appeared first on Real Estate News & Insights | realtor.com®.

Millions Are House-Rich but Cash-Poor. Wall Street Landlords Are Ready.

Hardships caused by the coronavirus pandemic are likely to force a lot of sales and create new renters. It is a potential bonanza for rental-home investors.
The post Millions Are House-Rich but Cash-Poor. Wall Street Landlords Are Ready. appeared first on Real Estate News & Insights | realtor.com®.

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