While flood damage is estimated to increase by 61% over the next 30 years, rates of flood insurance coverage lag behind—a mounting threat for property owners. Natascha DeVries, VP, Account Management at ServiceLink National Flood examines this impact.
Read More »Average Rent and Mortgage Payments Rise
As the economy continues to see consumer prices for everything rise across the board, rent and mortgage rates have also increased with some cities seeing a 30% increase in rent prices since last year. According to Redfin, the average national rent price has increased ...
Read More »HUD Issues New Protections for Tenants Facing COVID-Related Eviction
The new rule prohibits the eviction of tenants facing eviction for non-payment of rent from HUD-subsidized public housing and properties with project-based rental assistance in the event of a national emergency.
Read More »Young Homeowners Getting Creative to Make Money Via Renters
Getting a roommate was only one of the ways homeowners explored to increase their income, but more homeowners are getting creative in the pursuit of extra cash.
Read More »The Pandemic’s Toll on Small Landlords
Mom-and-pop landlords have been forgoing maintenance due the eviction moratorium, as a new study reports that 28% of landlords were found deferring maintenance on at least one of their units during the pandemic.
Read More »As Home Prices Rise, the Affordability Squeeze Is On
Housing costs are cutting deeper into the pockets of Americans as mortgage payments near the least affordable they've been in years.
Read More »Fannie Mae Underwriting Changes Work to Bridge Homeownership Gap
Fannie Mae will begin to account for rental payments in its underwriting decision-making process in an effort to offset an imbalance in homeownership.
Read More »Golden State Minority Homeowners, Renters Feeling Extra Financial Strain
A new study from UC Berkeley shows how badly California has been financially impacted by COVID-19, with an extra burden impacting minorities.
Read More »Renters’ Homeownership Hopes Delayed
How many of prospective homebuyers have been deterred by COVID-19?
Read More »COVID-19 Causing Economic Hardship in California
A study found more than 3 million renters have more than 30% of their income go toward. How many pay more than 50%?
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