New-Home Construction Activity Soars to Highest Level in Over a Decade, as Builders Rush To Produce Single-Family Homes

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Growth in the single-family sector drove the rise in both housing starts and building permits in December.

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Home Builder Confidence Falls Amid Rising COVID-19 Cases, Higher Prices for Materials

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The construction industry’s outlook worsened to start the New Year, a new report finds, amid factors that are making it harder to build homes right now. That’s bad news for buyers.

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Fannie Mae, Freddie Mac Can Keep Future Earnings, Per Agreement Between Treasury and Regulators

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‘Until the Enterprises can raise private capital, they are at risk of failing in the next housing crisis,’ Federal Housing Finance Agency Director Mark Calabria said.

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‘There’s Been a Threat of Mass Evictions’: Biden Plans to Extend National-Eviction Moratorium Through September 2021

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Biden’s ambitious housing package also includes funding for emergency rental assistance beyond what was enacted in December.

The post ‘There’s Been a Threat of Mass Evictions’: Biden Plans to Extend National-Eviction Moratorium Through September 2021 appeared first on Real Estate News & Insights | realtor.com®.

New York City Renters Owe More Than $1 Billion in Unpaid Rent, Survey Finds

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The debt figure is the most recent indicator that unemployment benefits and federal stimulus packages have so far been inadequate to alleviate the growing financial burden of missed rent payments across thousands of city households.

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Fannie, Freddie Tighten Rules for Condos in Vacation Locales

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Getting a mortgage for a resort-area condo might become more difficult after Fannie Mae and Freddie Mac moved to tighten rules on buildings with many short-term rentals and hotel-like amenities.

The post Fannie, Freddie Tighten Rules for Condos in Vacation Locales appeared first on Real Estate News & Insights | realtor.com®.

Fannie, Freddie Tighten Rules for Condos in Vacation Locales

realtyexpertsReal Estate News

Getting a mortgage for a resort-area condo might become more difficult after Fannie Mae and Freddie Mac moved to tighten rules on buildings with many short-term rentals and hotel-like amenities.

The post Fannie, Freddie Tighten Rules for Condos in Vacation Locales appeared first on Real Estate News & Insights | realtor.com®.