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The Evolution of the Single-Family Rental Market
In the past decade, the single-family rental market has evolved from individual units owned and rented out by small landlords to large scale operations by big investors with significant portfolios of houses. Some of the large companies entering the market are building...
841 billion in forbearance, who will be left holding the bag? Will 2020 be a 2008 repeat?
From Fairview Commercial Lending | November 11, 2020 Almost 10% of all government sponsored mortgages entered forbearance which accounts for almost 841 billion dollars in loans. 4 in 5 workers say they live paycheck to paycheck, with around 30 million people...
How Much Will Homes Be Worth in 2030?
The pandemic has had a huge impact on the housing market in 2020, but its impact could have a much farther reach into the future. A recent report by RenoFi analyzes home values from Zillow and looks into historical housing market trends to predict how much homes could...
Foreclosure Wave Could Culminate in ‘Major Event’
September 29, 2020 The near-future will be bringing a wave of foreclosures, according to a Federal Reserve economist, but this will not be at the severe levels experienced in the aftermath of the 2008 economic meltdown. In a presentation titled “Housing Insecurity in...
Pandemic Changing Homebuyers’ Priorities
9-22-20 According to a recent Redfin report, homebuyers’ priorities are shifting due to the Coronavirus pandemic. Specifically, more homebuyers are looking to move away from the cramped and more expensive big cities to the far more affordable suburbs. The Redfin...
Government mortgage bailout numbers improve slowly, but the real test is ahead
KEY POINTS: The number of mortgages in active forbearance programs, where borrowers delay their monthly payments for at least three months, declined by 26,000 last week or 0.7%, according to Black Knight, a mortgage technology and data firm. As of Sept. 15, just under...
Investors Realty Resource of Colorado (IRROC)
16748 E. Smoky Hill Road
Centennial, CO 80015