REIT magazine interviews: Five economists generally agree that commercial real estate is recovering from pandemic shutdowns, though that will vary by sector and geography. Still, there’s a light at the end of the tunnel, and the U.S. will recover faster than the rest of the world.
Airbnb wants to “send a strong message” that helps keep people in homes and won’t accept new short-term rentals if told a tenant was evicted for nonpayment of rent.
A divorce decree that awards the house to one spouse is akin to a set of instructions – and difficult situations can arise if those steps aren’t completed.
When considering loan applications, lenders can’t consider maternity leave without violating a Fair Housing Act protected class. But complaints suggest some do anyway.
If a home in a 100-year flood zone was submerged five years ago, it’s not necessarily safe for 95 years. Each year it has a 1% chance of flooding, regardless of history.
ATTOM: Only 2.7% of single-family homes and condos in 1Q were considered a house flip down from 4.8% during 4Q 2020 and from 7.5% year-to-year.
Inflation hasn’t pushed mortgage rates higher because the market believes it’s only temporary, says Freddie Mac chief economist.
The downside to Zoom calls? Hundreds of people see your home – and how well you clean. While 73% clean more, 18% feel “house shame” and use virtual backgrounds.
Calling the current housing shortage “dire, with a chronic shortage of affordable” homes, NAR suggests steps to take but warns it requires a “major national commitment.”
On the one hand, it shows a home is pet friendly and great for families. It also draws in more homebuyers. On the other hand, it could suggest pet odor problems.