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FHA and VA latest mortgage servicers to relax standards

USA Real Estate News-Inman - Tue, 2020-03-31 11:29
The federal mortgage servicers recently joined Fannie Mae and Freddie Mac in offering alternatives to traditional appraisals and employment verifications.

Let’s officially cancel April Fools’ Day

USA Real Estate News-Inman - Tue, 2020-03-31 11:11
You may think it’s absurd to call for an April Fools’ moratorium. Nothing about this situation is funny, and now is not the time. With the level of misinformation out there, why in the world would we want to dedicate a day to perpetuating bad information? 

Second stimulus package could roll back property tax deductions

USA Real Estate News-Inman - Tue, 2020-03-31 10:51
House Speaker Nancy Pelosi is reportedly mulling a rollback of the state and local tax (SALT) deduction cap implemented by changes to the tax code under President Trump.

36% of homeshoppers believe the recession has already begun: Poll

USA Real Estate News-Inman - Tue, 2020-03-31 09:57
A new survey by realtor.com reflects the stark contrast in homebuyer sentiment since the beginning of March. Still, many homebuyers are undeterred.

Citing pandemic, Redfin sells $110M stake to venture capital firm

USA Real Estate News-Inman - Tue, 2020-03-31 09:10
Durable Capital Partners is run by former T Rowe Price investment manager Henry Ellenbogen. "In chaotic times, he understands our long-term commitments," Redfin CEO Glenn Kelman said.

Home price gains extend into January — but virus looms large

USA Real Estate News-Inman - Tue, 2020-03-31 08:51
Home prices rose 3.9 percent in January, but the data does not take into account the impact of the coronavirus pandemic, which didn't take hold in the U.S. until late February.

Daily Dispatch: Brad Inman with Bob Hale and Margy Grant

USA Real Estate News-Inman - Tue, 2020-03-31 08:02
Navigating SBA loans, unemployment and real estate contract extensions in the current climate.
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