Here are a few real estate-related stories and news pieces that came across my screen this past week…
- from The Wall Street Journal: A Million Mortgage Borrowers Fall Through Virus Safety Net
- from realtor.com®: Home Price Growth Hits Two-Year High as Wildfires and Hurricanes Put the Brakes on New Listings
- from National Association of REALTORS® Economists’ Outlook blog: Housing Affordability Drops Modestly in July 2020 as Median Family Prices Reach All Time High
- from Freddie Mac: Mortgage Rates Generally Hold Steady
- from CNBC: The Fed keeps rate steady. Here’s how that benefits short-term borrowers
- from the National Association of Home Builders: Single-Family Housing Continues Growth in August
- from the Pew Research Center: A majority of young adults in the U.S. live with their parents for the first time since the Great Depression
- from Forbes.com: Zoom Towns: Why Your Last Vacation Getaway May Be Your Next Home
- from Bloomberg: Booming ‘Zoom Towns’ Should Ease City Housing Costs
- from ATTOM Data Solutions: Home Flipping Declines But Profits Rebound Across U.S. in Second Quarter of 2020
- from Commercial Observer: Space Race: Investors and Developers Rethink Parking Garages Amid COVID
- from National Mortgage Professional: Refinancing Could Benefit 3 in 4 Mortgage Holders
- from Bankrate.com: Why Haven’t 19 Million Homeowners Refinanced Their Mortgages Yet?