...expiration in July 2021 of a federal moratorium on lenders taking back properties from homeowners who fell behind on their mortgages during the early part of the Coronavirus pandemic that...
Read More »Search Results for: coronavirus
Debt as Diversification
...saying that the COVID-19 pandemic had a major effect on U.S. government debt. To offset the economic impact, the government put into effect stimulus measures including the Coronavirus Aid, Relief,...
Read More »Rents Drop to 12-Month Low
...Rents fell 0.3% from a month earlier. Still, the median asking rent remained 21.4% higher than it was in February 2020, the month before the coronavirus was declared a pandemic....
Read More »Total Value of U.S. Homes Down $2.3T From Record High
...in February 2020, the month before the coronavirus was declared a pandemic. Unfortunately, a lot of people were left behind. Many Americans couldn’t afford to buy homes even when mortgage...
Read More »Home Sales Slump as November Marks Biggest Decline on Record
...also lost momentum, as the median U.S. home-sale price rose just 2.6% from a year earlier, the smallest gain since May 2020—when the onset of the coronavirus pandemic brought the...
Read More »Sellers Grant Record Share of Concessions to Homebuyers in Q4
...nearly ground to a halt due to the onset of the coronavirus pandemic. This is according to data submitted by Redfin buyers’ agents across the USA, where concession is recorded...
Read More »Southern U.S. Less Vulnerable to Q3 Housing Market Declines
...on their mortgages during the early part of the Coronavirus pandemic that hit in 2020. Roughly twice as many foreclosure cases were open in the third quarter of 2022 compared...
Read More »Economy Hindering Americans from Milestone Purchases, Financial Goals
...are also avoiding socially rewarding activities or events, many of which they lived without during the coronavirus pandemic. Those include: Taking a vacation that involves one overnight stay for leisure...
Read More »Home Unaffordability Expected to Persist, Even as Prices Fall
During the height of the coronavirus pandemic home values alongside incomes rose — however, they didn’t do so at the same pace. To find out how much home values increased...
Read More »New Listings Plummet Over 20% in September
...the exception of March 2020—the month the World Health Organization declared the coronavirus a pandemic. Fewer than half (46%) of offers written by Redfin agents faced competition in September, the...
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