Regardless of early forecasts of approaching doom, the real estate market has up until now avoided the dampener that the coronavirus pandemic has slammed onto other sectors of the U.S. economy. But with essential federal policies lapsing without renewals, infection numbers growing and the financial slump drawing out, realty may …
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HGTV’s Eric Eremita Talks Surviving COVID, DIY And The Next Big Trends In Home Renovation
Eric Eremtia is best understood from numerous HGTV programs including Love It Or List It and Brother Vs Sibling, as the stereotyped New york city professional you would not desire to fight with, particularly when he has power tools in his hands. But, Eremita recently made headings for remaining in …
Read More »California Shopping Center King Rick Caruso Is Back—And Cheering On The Demise Of The American Mall
In mid-March, property billionaire Rick Caruso and his team performed war video games to see how the coronavirus may impact his collection of ultra-luxury shopping centers in southern California. “The worst-case circumstance was it going through the year into the first quarter of next year,” says Caruso, 61, in a …
Read More »Mortgage Rates Hit New Low, Keeping Rising Home Prices In Check
Home loan rates have struck yet another record-breaking low, this time falling to 2.88% on 30-year, fixed-rate loans. That’s below 2.99% last week and 3.60% a year back. It’s the lowest typical rate ever taped, according to home loan purchaser Freddie Mac. “The resilience of the real estate market continues …
Read More »Landlords In Federal Mortgage Forbearance Must Now Inform Renters Of Eviction Protection
After Congress let the CARES Act expulsion moratorium lapse late last month, the Federal Real estate Financing Company announced today a brand-new requirement developed to inform tenants about their rights. FHFA, which manages the two mortgage-buying enterprises Freddie Mac and Fannie Mae, is now mandating that multifamily residential or commercial …
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