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This Isn’t A Housing Bubble — And That’s The Problem

This Isn’t A Housing Bubble — And That’s The Problem

by Third Party | May 3, 2021 | Industry Updates, Real Estate News

Source: Housing Wire —  Last year, during the throes of COVID-19, I expended many words arguing that the U.S. economy would be OK despite the dark period we were in. We just needed patience. We aren’t in a housing bubble. Today we are enjoying the most...
Supply of homes for sale fell by almost 30 percent year on year, the largest amount on record

Supply of homes for sale fell by almost 30 percent year on year, the largest amount on record

by Third Party | May 3, 2021 | Mortgage Information, News/Current Events, Real Estate News

Source: NBC News —  Hispanic homeownership in the U.S. climbed significantly in 2020 – there are now 8.8 million Hispanic homeowners in the country, according to a report released this week by the National Association of Hispanic Real Estate Professionals....
Large corporate landlords have filed 10,000 eviction actions in five states since September

Large corporate landlords have filed 10,000 eviction actions in five states since September

by Third Party | May 3, 2021 | News/Current Events, Real Estate News

Source: NBC News —  In early September, Cristina Velez lost her job running the staffing team on a Covid-19 treatment trial. Faced with a $2,440 rent bill on the Boca Raton, Fla., home she shares with her daughter, Velez began calling her landlord, Progress...
Zillow blasts back at real estate startup’s antitrust suit

Zillow blasts back at real estate startup’s antitrust suit

by Third Party | May 2, 2021 | News/Current Events, Real Estate Agent Tools

Source: Politico —  An antitrust suit against Zillow over how it displays real estate listings could cripple the platform, the company said in court filings Friday, warning that the case may ruin the nation’s most popular website to search for homes for...
New York Community Bancorp, Flagstar announces $2.6 billion merger deal

New York Community Bancorp, Flagstar announces $2.6 billion merger deal

by Third Party | May 2, 2021 | News/Current Events

Source: MPA —  New York Community Bancorp (NYCB) said Monday that it is acquiring Flagstar in an all-stock merger deal. In a statement, the firms announced that they have reached a definitive merger agreement valued at approximately $2.6 billion. Flagstar...
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