With pandemic conditions in place for a second spring, lenders and brokers discuss the indicators that will reveal whether the market is shifting away from the traditional selling season to one that runs hot throughout the year.
Posted To: MND NewsWire
Most of the accommodations that have been allowed lenders and borrowers by the Federal Housing Finance Agency (FHFA) due to the COVID-19 pandemic were modified or extended this past week. FHFA, the regulator and conservator of the GSEs Fannie Mae and Freddie Mac, extended eligibility for mortgage forbearance by three months. Forbearance allows homeowners who are financially impacted by the pandemic, to temporarily reduce or forego mortgage payments. It has been available for three-month terms with extensions available up to a total of 12 months. Existing plans would begin reaching that deadline at the end of March but FHFA has now authorized an additional three-month term , a total of 15 months. An estimated 2.7 million homeowners are in active plans. The COVID-19 Payment Deferral allows forborne…(read more)
The shift to remote work for many people has been a game changer for real estate markets across the country, even in the traditionally slow winter season.
The post Most Affordable (and Warm) Places to WFH This Winter appeared first on Real Estate News & Insights | realtor.com®.
Itâs time for another match-up, this time weâll compare buying a new home versus purchasing an old one. For the record, some home builders refer to existing homes as âused,â which sounds kind of silly considering we’re talking about a house and not a car. Ultimately, it’s a marketing gimmick to sway you toward buying [&hellip
The post Should You Buy a New Home or an Old Home? first appeared on The Truth About Mortgage.
Since the onset of the pandemic last year, urban flight into less populated areas has been a driving force in the real estate market. But, will this phenomenon last?
The post Will the Great Urban Flight Last? appeared first on Homes.com.
Why sell just one home when thereâs the potential to take multiple listings in the same neighborhood? Due to some serious price appreciation in the past few years, circle prospecting is more effective than ever, and savvy agents are making some major profits because of it. Returning guest James Shelby, for instance, recently sold three houses on the exact same street! On todayâs Real Estate Rockstars, James covers his complete circle-prospecting process, from the services he likes best to the scripts he succeeds with most.
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You can sell your house after refinancing, but there might be a waiting period. You typically can’t refinance while the house is listed for sale, though.
Are you cursed with a cramped bedroom? Take a page from the experts, and try these genius ideas for making your boudoir feel bigger and more luxurious.
The post 7 Tricks To Turn a Tiny Bedroom Into a Spacious, Relaxing (and Romantic) Retreat appeared first on Real Estate News & Insights | realtor.com®.
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This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.