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Tag: daily news

30-Year Rates Inch Back Down This Week, Average 2.73%

January 30, 2021 Chris B. Georgakopoulos

“As the market reacts to a new administration in Washington and COVID-19-driven economic malaise, mortgage rates continued to decrease this…

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Posted in: Daily News Filed under: Buyer Demand, Coronavirus Pandemic, COVID-19, daily news, EHS, existing home sales, Federal Reserve, Freddie Mac, housing inventory, Mortgage Applications, mortgage rates, NAR Weekly Recovery Report

Homeowners Complain About ‘Ugly’ 5G Boxes in Their Yards

January 28, 2021 Chris B. Georgakopoulos

Large utility boxes are popping up in front of houses across the country, and some owners are concerned it will lower their…

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Posted in: Daily News Filed under: 5G, daily news, homeowners, Property Value, Public Right of Way, The Houston Chronicle, Verizon

Pandemic Prompts Bigger Wish-Lists in Kitchens, Outdoor Spaces

Chris B. Georgakopoulos

Real estate pros reveal what housing amenities rank highest among their home shoppers. The COVID-19 pandemic has changed the way…

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Posted in: Daily News Filed under: Amenties, Bathroom Renovation, Coronavirus Pandemic, COVID-19, daily news, HomeLight, homeowners, Kitchen Renovation, renovation

Where You Can Still Snag Homes for $100K or Less

Chris B. Georgakopoulos

Home prices are surging by double-digit percentages annually, but deals can still be found in pockets throughout the country. Home…

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Posted in: Daily News Filed under: Affordable Housing, daily news, real estate news

2020’s Existing-home Sales Attain 14-Year Peak

Chris B. Georgakopoulos

“This momentum is likely to carry into the new year with more buyers expected to enter the market,” says NAR’s chief…

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Posted in: Daily News Filed under: 2020, daily news, distressed properties, EHS, existing home sales, First-time Homebuyers, housing inventory, investors, NAR Existing Home Sales Report, second homes

Plunging City Rents Could Spawn Urban Resurgence

Chris B. Georgakopoulos

“Right now is a great time for renters in major cities to lock in a low price for 2021,” realtor.com®’s…

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Posted in: Daily News Filed under: Coronavirus Pandemic, COVID-19, daily news, NAR, NYC, Realtor.com

FHFA Extends Foreclosure, Eviction Moratorium Through February

January 21, 2021 Chris B. Georgakopoulos

This marks the fifth extension for Fannie Mae and Freddie Mac-backed single-family foreclosures and REO evictions. For the fifth time,…

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Posted in: Daily News Filed under: Coronavirus Pandemic, COVID-19, daily news, Fannie Mae, FHFA, foreclosures, Mortgage Applications, Mortgage Demand, real estate news, REO

Biden Sworn In, With Real Estate on Agenda

Chris B. Georgakopoulos

An economic stimulus plan and down payment tax credit are on his administration’s to-do list. Joe Biden was sworn in…

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Posted in: Daily News Filed under: Biden, daily news, homelessness, Real Estate, tax credit

Mortgage Rates Begin 2021 On An Upward Climb, Motivating Borrowers to Act

January 19, 2021 Chris B. Georgakopoulos

After setting more than a dozen record lows last year, mortgage rates began 2021 on an upward climb. That lit…

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Posted in: Daily News Filed under: 30 Year Fixed Rate, borrowers, CNBC, daily news, Diana Olick, MBA, Mortgage Applications, mortgage rates, refinancing

Ski Town Home Buying Is Gaining Against Beachside Getaways

January 18, 2021 Chris B. Georgakopoulos

Second-home snowbird buyers have tended to favor warmer, sunnier climates. But interest in ski towns is surging, a new report…

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Posted in: Daily News Filed under: Buyer Demand, Coronavirus Pandemic, COVID-19, daily news, Homebuying, second homes, ski towns, Snowbird Buyers

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