Monday, April 6th, 2020

For Week Ending March 28, 2020 This week was heavily influenced by the ongoing impacts from the spread of COVID-19. Washington passed a $2.2 trillion stimulus package and news broke that 3.28 million people filed for unemployment benefits last week—nearly … Continue reading

Posted in Weekly Report |
Monday, March 30th, 2020

For Week Ending March 21, 2020 This week Fannie Mae, Freddie Mac, and the FHA suspended all foreclosures and evictions for 60 days in response to the continued COVID-19 outbreak. Further, the Federal Housing Finance Agency (FHFA) annouced that borrowers … Continue reading

Posted in Weekly Report |
Monday, March 23rd, 2020

For Week Ending March 14, 2020 After hitting a record low last week, rates on 30-year fixed-rate mortgages rose slightly this week according to Freddie Mac. A combination of an increase in rates in the bond market and high demand … Continue reading

Posted in Weekly Report |
Monday, March 16th, 2020

For Week Ending March 7, 2020 A report released this week from property management software firm RealPage predicts a total of 371,000 new apartments to enter the market in 2020, which would be the highest level across the country’s 150 … Continue reading

Posted in Weekly Report |
Monday, March 9th, 2020

For Week Ending February 29, 2020 The U.S. Commerce Department reported this week that new-home sales rose 7.9% in January to a seasonally adjusted annual rate of 764,000 units, which is 18.6% higher than a year ago and the highest … Continue reading

Posted in Weekly Report |

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