Blogs

Home Sellers Face Bidding Wars in Unusually Competitive Season

23 November 2020
Mike Lembeck

According to a report from Redfin, competition in the housing market—although having lessened a bit since autumn arrived— is still intense.

Renters or Homeowners: Who Struggles More Financially During COVID-19?

23 November 2020
Mike Lembeck

According to new data released by Redfin, the economic trauma inflicted during the COVID-19 pandemic has taken a more severe toll on renters than homeowners.

'Stunning' Delinquency Spike Could Mean 'Bumpy Waters Ahead'

16 November 2020
Mike Lembeck

Due to forbearance plans, home foreclosures are at record lows, but skyrocketing serious-delinquency rates point to a rough road ahead.

Pressure Mounts on Landlords to Sell Their Properties

16 November 2020
Mike Lembeck

More than one-third of landlords have not received 100% of rent payments during September, according to new data released by the Urban Institute and Avail, a property management platform.

How President-Elect Biden Might Alter the Housing Market

16 November 2020
Mike Lembeck

Major news outlets announced on Saturday that former Vice President Joe Biden is the president-elect. A Biden administration may bring major policy changes with it.

Growing Divergence Between Primary, Secondary Apartment Markets

16 November 2020
Mike Lembeck

Multifamily rents were flat for the third consecutive month in October, but the national numbers appear misleading, as the sector is experiencing an ever-increasing divergence between outperforming and underperforming markets. On a year-over-year basis, rents fell 0.6% nationwide.

Why Apartment Rents Have Remained Strong Through the Pandemic

10 November 2020
Mike Lembeck

A review of several data outlets by Freddie Mac shows that renters are prioritizing rent payment. Apartment rent payments overall have remained stable throughout the pandemic—a welcome surprise considering the rapid increase in unemployment. The reason? Renters have been prioritizing rent payments. This is according to Freddie Mac, which recently reviewed several apartment rent data sources, including National Multifamily Housing Council, The Household Pulse Survey, LeaseLock, Apartment List and National Association of Real Estate Investment Trusts.

Foreclosures and Evictions Could Derail a Recovery

09 November 2020
Mike Lembeck

While the results of last night’s presidential election remain too close to call, a leading political science academic is warning that the January 2021 occupant of the White House will be forced to deal with the greatest foreclosure and eviction crisis since the Great Recession.