Most experts agree that there’s a “foreclosure threat,” but it’s uncharted territory – any uptick in foreclosure listings is hard to predict. With prices rising, lenders are under less pressure to list homes for sale. And even if they’re ready now, homes likely won’t be listed until at least Sept.
Few ideal homes, rising prices and lost bidding wars add up. Buyers aren’t going away, but many are deciding to hold off purchasing for maybe six months or a year.
While sellers’ ultimate goal might be presenting a home that looks like new, a study found that even small improvements can translate into higher resale values.
Insurance reform president say insurers aren’t worried about old roofs leaking – they think they’re most likely to be targeted by shady contractors drumming up business.
Departments under the Biden Administration are using their tools to postpone some evictions. USDA, HUD, VA and FHFA extended their eviction deadlines to Sept. 30.
It appears the pandemic is over, at least for commercial real estate. But the rebound isn’t even, with city-to-city and commercial segment-to-segment differences.