Pandemic Heats Up ‘Long-Overdue’ Shakeout of U.S. Malls
Malls were hurt by online sales before the pandemic, but a big drop of 2020 shoppers has led many observers to predict that more low-performing locations will close.
Malls were hurt by online sales before the pandemic, but a big drop of 2020 shoppers has led many observers to predict that more low-performing locations will close.
A 70-year-old Omaha real estate agent appears to have been killed by a potential renter, Ross S. Lorello III, who police arrested based on evidence at the crime scene.
More than 15% of U.S. consumers have personally experienced housing discrimination in rentals or purchases, according to a Homes.com survey. And 30% know little about six main federal programs, such as Sec. 8 housing vouchers, FHA loans and civil rights protections.
About 12M new households will form by 2028, though total home sales could be as high as 25M since some will replace older sellers leaving homeownership for good.
When asked about recent behavior “likely to continue for years to come,” homeowners listed “disinfection” first, along with tech use and backyard entertaining.
Mortgage giants Fannie Mae and Freddie Mac have marching orders to fund a set percentage of affordable homes, and those mandates won’t change in 2021, FHFA says.
A pandemic-caused push to relocate from cities to suburbs may have created an opportunity for suburbanites who prefer city living – a reason to make their move now.
Central Fla. home values rise faster for homes located near an Aldi, but overall home values are higher for properties positioned near Whole Foods or Trader Joe’s.
Officials say website updates are underway. Under the latest law, PUA unemployment benefits were extended until April 5 for independent contractors and other claimants.
Home building offset weaknesses in other parts of the construction industry, and single-family home production rose 5.1% while apartment construction was flat.