Real Estate

A building in Massachusetts where some tenants are not paying rent. Source: Howard Simon The one-month extension of the Centers for Disease Control and Prevention’s eviction moratorium was welcome news for tenants but another nail in the coffin for some struggling landlords. Groups representing landlords had been lobbying hard to end the moratorium and now
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The Covid-19 pandemic certainly accelerated e-commerce, from groceries to household goods, and now you can even buy a new construction home fully online. Two major public homebuilders, Taylor Morrison Home and PulteGroup, recently piloted programs in which buyers can choose, design and finance a new home virtually and just put it in their shopping cart.
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The intense and prolonged sellers market has had a profound impact on Americans buying and selling homes this year. An incredibly low supply of available homes has persisted throughout the U.S. and historically low mortgage rates continue to encourage new potential buyers to enter the market – despite the competition. If homeowners thinking about selling
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Throughout the pandemic, the real estate market was on fire. Mortgage rates and home prices hit all-time lows, and people suddenly had the freedom to live wherever they chose, no longer bound to locations near their work or school. That “impossible” dream home you thought would never be available, let alone in your price range?
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Foreign purchasers have long comprised a large share of home buyers in South Florida. But this year, they are being outnumbered by California and Northeast U.S. transplants, who viewed the pandemic as a catalyst to relocate from their dense urban areas and high-tax states. The result? Record-low inventory levels of single-family homes in South Florida,
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In this article RDFN INVH Invitation Homes CEO Dallas Tanner told CNBC on Friday the U.S. housing market remains “healthy,” downplaying concerns that the sharp rise in prices during the Covid pandemic is creating bubble-like conditions.  In an interview on “Squawk on the Street,” Tanner said the supply-and-demand dynamics that have contributed to the feverish
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The Marriner S. Eccles Federal Reserve building in Washington. Stefani Reynolds/Bloomberg via Getty Images The Federal Reserve’s new forecasts on interest rates and inflation don’t amount to much for investors and consumers, especially in the short term, according to financial advisors on CNBC’s FA Council. The Fed on Wednesday sped up its timeframe for raising
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The Federal Reserve said Wednesday it will keep its benchmark interest rate near zero despite signs the economic recovery is well underway. But it’s clear rates won’t stay near rock-bottom forever. Recent data showing higher consumer prices and lower unemployment will pave the way for unwinding last year’s bond buying and near-zero interest rates. “Being 7.8 million jobs
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