Wall Street Journal, Apr. 25, 2021–Leslie Scism, Arian Campo-Flores (subscription)Florida’s property-insurance market is in trouble, as mounting carrier losses and rising premiums threaten the state’s booming real-estate market, according to …
Category: Top National News
U.S. Home Sales Are Surging. When Does the Music Stop?
New York Times, Apr. 22, 2021–Stefanos ChenU.S. home sales and prices are surging, with market watchers wary of a bubble — but today’s market bears little resemblance to the one …
Giant U.S. Landlords Pursue Evictions Despite CDC Ban
Reuters, Apr. 23, 2021–Michelle ConlinComprehensive nationwide figures aren’t available. But according to the Princeton University Eviction Lab, 318,091 households have faced eviction proceedings during the pandemic in the 27 cities …
First Resale at Billionaires’ Row Megatower Nabs Full $33 Million Asking Price
Wall Street Journal, Apr. 23, 2021–Katherine Clarke (subscription)The property sold for 23% more than the seller paid a little more than a year ago, bolstering hopes that the Billionaires’ Row …
Purchase Market is Poised to Topple Refi’s Reign in 2021
HousingWire, Apr. 23, 2021–Alex RohaWhile 2021 likely won’t approach the record breaking tizzy of 2020, the housing market will continue to flourish on the strength of the purchase market, according …
USAA Acquires Full Ownership of Square Mile Capital
Real Estate Weekly, April 23, 2021USAA Real Estate completed the long-planned acquisition of the remaining interest in Square Mile Capital, New York.https://rew-online.com/usaa-acquires-full-ownership-of-square-mile-capital/
Covid’s Impact On Housing: What States Are Getting Hit The Hardest And How To Prepare
Forbes, Apr 23, 2021–Natalie CampisiWhile more than half of U.S. homeowners have experienced double-digit percentage increases in their home equity—the current market value minus the current mortgage balance—in the fourth …
Biden Should Pocket These Tax Ideas
UExpress, Apr. 23, 2021–Lew SichelmanOver the next few months, the White House is likely to propose two major tax changes that could impact the housing sector.https://www.uexpress.com/housing-scene/2021/4/23/biden-should-pocket-these-tax-ideas
Fannie Mae, Freddie Mac May Broaden Options for Deep Distress
National Mortgage News, Apr. 22, 2021–Bonnie Sinnock (subscription)Though the government-sponsored enterprises have some of the lowest forbearance rates in the market, they expect to contend with a significant population of …
First-Time Homebuyers are Getting Outbid by Big Companies
Orange County Register, Apr. 22, 2021–Jeff LazersonHome shoppers aren’t just competing against each other in bidding wars these days. Landlords, large and small, also are lining up to buy homes …