FHFA Extending Foreclosure & Eviction Moratoriums through March
The Federal Housing Finance Agency (FHFA) announced they are extending their moratorium on foreclosures and evictions from single-family foreclosures and real estate owned (REO) through March 31, 2021. Click here to read more.
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Emergency Rental Assistance Program Grantee List
Rental Emergency Assistance funding came through in the December 2020 Stimulus Bill and will result in $25 billion being made available to residents who are behind on rent and utilities for Covid-19 related reasons. The funds are distributed like a block grant, to states, territories and substantial counties and municipalities, as well
as specific Native American Housing Authorities. Click here to read more.
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NMHC Says 79.2% of Apartment Households Paid Rent by February 6th
The National Multifamily Housing Council (NMHC) says that 79.2% of apartment households made a full or partial rent payment by February 6th, 2021. Click here to read more.
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U.S. Homeownership & Rental Vacancy Rates for Q4 2020
The U.S. government is reporting that the national vacancy rates in Q4 2020 were 6.5% for rental housing and 1% for homeowner housing. The national homeownership rate for Q4 2020 was 65.8%. Click here to read more.
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CoreLogic: Home Prices up 9.2% Year-Over Year in December
According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased 9.2% year-over-year in December. Click here to read more.
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Pandemic Year Sees Soaring Home Seller Profits as Prices Set New Records
According to their Year-End 2020 U.S. Home Sales Report, ATTOM Data Solutions says profits on home sales increased in 9 out of 10 Housing Markets in 2020 with the national median home price up 13%. Click here to read more.
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A Record 25% of Homeowners Have Lived in Same Home >20 years
According to a recent report from Redfin, Americans are staying put longer as rising home prices, a housing shortage and the pandemic make moving less attractive. Click here to read more.
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Yardi Says Bright Spots are Beginning to Emerge
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were down 0.2% year-over-year in January. However, overall rents increased in January by $3 to $1,392.Click here to read more.
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President's Day by the Numbers
Monday, February 15th is President's Day across America. While it does honor all of our presidents, it is actually the official observance of our first president, George Washington - and since Abe Lincoln's birthday was also in February he, of course, gets to tag along. Click here to read more.
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