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A surge in evictions could turn into financial crisis, economist warns
Economist: A surge in evictions could lead to financial crisis SEARCH QUOTES CNBC – For more and to sign up click here...
What to do if you’re at risk of eviction now that the CARES Act moratorium has ended
Protesters gather at a July 22 rally in Boston in support of legislation to block evictions in Massachusetts for up to a year. Boston Globe | Boston Globe | Getty Images If you’re facing eviction during the pandemic, you’re definitely not alone. Up to 40 million Americans may lose their homes......
What it’s like to face eviction in a public health crisis
What it’s like to face eviction in a pandemic SEARCH QUOTES CNBC – For more and to sign up click here...
Cleveland Tax Abatement Study Shows Inequity is Increasing, More Development Tools are Necessary
click to enlarge The City of Cleveland should continue to use its residential tax abatement program as a development tool, a team of consultants and local nonprofit professionals told City Council Wednesday morning. But if it’s the only tool in the city’s development toolbox, existing inequities could be exacerbated. Researchers......
‘We’re running out of homes for sale,’ Lake Tahoe brokers say as tech workers flee Bay Area
This four-bedroom home in Truckee, CA., near Lake Tahoe, went on the market for $1.65 million and sold less than 24-hours later for $2 million. Overall and Hamilton Lake Tahoe real estate is getting snapped up at a record pace, as San Francisco tech workers flee the city in search......
Pending home sales surge for the second consecutive month as the Realtors raise their forecast for 2020
CNBC – For more and to sign up click here A sale pending sign is posted in front of a home for sale in San Anselmo, California. Justin Sullivan | Getty Images Pending home sales continued to climb in June, rising 16.6% monthly since May, and rising 6.3% since June......
Lower weekly mortgage demand hints at a possible pullback by first-time homebuyers
Real estate agents arrive at a brokers tour showing a house for sale in San Rafael, California. Getty Images With mortgage interest rates hovering near a record low, mortgage demand, especially from homebuyers, is now significantly higher than a year ago, but there are warning signs that first-time buyers may......
Home prices rose at a slower rate in May, according to S&P Case-Shiller
Real estate agents leave a home for sale during a broker open house in San Francisco, California. Justin Sullivan | Getty Images Home prices continued to rise in May, albeit at a slightly slower pace than they did in April — likely due to the brief but sharp slowdown in......