Real Estate

In spite of the real estate market continues to warm up as economies resume, the economic downturn driven by the coronavirus pandemic has upended the plans for many novice purchasers excited to purchase a brand-new house. A study by Bankrate.com discovered that 22 million adults postponed purchasing a house as …

Montage Hotels & & Resorts, the luxury hotel and resort management business, is opening a new resort with a hotel and houses in Healdsburg, California. Located in the heart of Sonoma’s red wine nation, Montage Healdsburg will be ideal for a trip or a 2nd home while its incredible vineyard …

The Department of Real Estate and Urban Advancement announced today that it will provide a brand-new round of emergency relief funding for eligible low-income families and people residing in public housing. The $472 million in funds, provided by the Coronavirus Aid, Relief, and Economic Security (CARES) Act, will be granted …

In crowded real estate markets struck hard by the coronavirus pandemic, city residents are looking at where they desire to endure a new lens. During the second quarter of 2020, 51% of realtor.com’s views from urban residents of the country’s 100 biggest metros went to suburban residential or commercial properties …

For nearly two months now, the share of mortgage borrowers who have received approval to skip their monthly loan payments has fallen precipitously But a new trend has begun to develop, which indicates that some homeowners are facing more financial pressure as the coronavirus pandemic continues. The percentage of Ginnie …

Foreign purchasers are buying fewer and fewer American houses. And the coronavirus pandemic might cause a severe pullback in new financial investment in U.S. residential realty from international buyers. Throughout the 12-month period ending in March 2020, foreign buyers acquired 154,000 existing houses in the U.S., down 16% from the …

Who would have believed that this summertime, with the number of COVID-19 cases rising and brand-new rounds of limitations and shutdowns, would yield among the most competitive housing markets in recent memory? However, home prices have struck record highs as purchasers are fighting it out across the country over a …

In the middle of an economic downturn and the worst public health crisis in a century, the U.S. homeownership rate surged to its greatest point since the Great Economic crisis. The homeownership rate reached 67.9% in the 2nd quarter of 2020, according to a recent report from the U.S. Census …

Record-low interest rates are assisting home purchasers to lock in years of cost savings on future home loan payments. However, those browsing for bigger homes or in costly markets isn’t reaping the exact same benefits. The average rate on a 30-year jumbo home loan was 3.77% in mid-July, more than …

More than 43,000 families in the heart of Silicon Valley face expulsion in the next couple of months even as local technology business’ evaluations skyrocket, according to a brand-new research study published Wednesday, in what might become a nationwide crisis as eviction moratoriums expire during the coronavirus pandemic. With eviction …