Stimulus On The Way, Navigating Tenant Turnover, And Forbearance At A 2-Month Low

Stimulus On The Way, Navigating Tenant Turnover, And Forbearance At A 2-Month Low

Share on facebook
Share on twitter
Share on linkedin

National Association of REALTORS®️ 2020 Market Recovery Survey

NAR recently surveyed 2,300 members to get a pulse on the housing market recovery. We put the key homebuyer and renter trends into a single infographic. Take a look on the New Western blog.

See The Infographic

Second Stimulus Check Now More Likely Than Ever

Speaking from the Senate floor on Tuesday, Senate Majority Leader Mitch McConnell announced his backing for more stimulus. “We want another round of direct payments,” he said. “Direct payments to help families keep driving our national comeback.” CNET offered their thoughts on what that could mean for you and the possible size of the next check.

Read The Article

Forbearance Rate Drops to 2-Month Low

The forbearance rate of mortgages backed by Fannie Mae and Freddie Mac dropped to a three-month low of 5.64%, while the overall rate fell to 7.8%, the lowest in more than two months. “This is the biggest improvement in the data since the crisis began,” said Jaret Seiberg, managing director of Cowen Washington Research Group. Read on for a rundown of the numbers.

Read The Article

Tenant Turnover in COVID Times: Real Estate Experts Weigh In

According to real estate investor and entrepreneur Nathan Miller, “landlords and property managers are finding their way toward ‘the new normal’ with creative ways to handle everyday routines and necessary tasks.” In his article on the BiggerPockets blog, Miller offers best practices for handling challenging issues such as tenant turnover during the pandemic.

Read The Article

Despite Slow Down, US Single-Family Rents Still Up

According to CoreLogic’s Single Family Rent Index, rent increases slowed across all price levels in May, with an increase of 1.7% year over year. Rents for lower-priced homes increased faster than those of higher-priced homes compared with a year earlier. Phoenix topped the list with a 6% increase in rent prices compared to last year. 

Read The Article

 

 

The information provided on this website does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this site are for general informational purposes only.

See If You Qualify To Be An NWA Investor

Fill out the form and an agent will be in touch shortly.

i

Thank You. An agent will be in touch.

See If You Qualify To Be An NWA Investor

Fill out the form and an agent will be in touch shortly.

i

Thank You. An agent will be in touch.