These are the states and cities where evictions are still banned
The national eviction ban has lapsed, but New York, New Jersey and New Mexico have their own moratoriums. Many cities continue to curb the proceedings as well. As a result, … Read More
Tag: Housing
U.S. Pending Home Sales Show Notable Pullback In September
Pending home sales in the U.S. showed a notable pullback in the month of September after spiking in August, according to a report released by the National Association of Realtors … Read More
The Most At-Risk Housing Markets
One of the few sectors that thrived during the COVID-19 pandemic was real estate. Existing home sales in 2020 hit their highest level in nearly a decade and a half … Read More
Home flipping profits are shrinking, but here's where you can net the most
During the second quarter of this year, close to 80,000 single-family homes and condominiums were flipped. The gross profit on a typical flip rose to $67,000. But the return on … Read More
U.S. New Home Sales Unexpectedly Jump 1.5% In August
A report released by the Commerce Department on Friday showed an unexpected increase in U.S. new home sales in the month of August. The Commerce Department said new home sales … Read More
Most Expensive Housing Markets in the Midwest
COVID-19 put further pressure on an already tightening U.S. housing market as millions of Americans relocated because of the pandemic. Since the virus outbreak and ensuing lockdowns, demand for housing … Read More
National eviction ban has been struck down. What renters need to know
The Supreme Court rejected the CDC's latest eviction ban, leaving the more than 11 million Americans who remain behind on their rent at risk. Yet certain protections still remain, as … Read More
Homebuilder sentiment falls to lowest level in a year as buyers face sticker shock
Sentiment among single-family homebuilders dropped five points to 75 in August on the National Association of Home Builders/Wells Fargo Housing Market Index. Sales expectations in the next six months was … Read More
Housing sales boom as remote work continues
New York (CNN Business)Home Depot has thrived in the red-hot housing market, but there are growing signs that demand is finally starting to cool. Although Home Depot’s second-quarter earnings and … Read More
Economic growth likely hot in the second quarter, but shortages may have kept it from overheating
Economists expect GDP grew at an 8.4% rate in the second quarter, the peak quarter of the recovery this year. The quarter was strong, but it could have been several … Read More