Top markets for affordable renovated housing inventory

Despite the rapidly deteriorating affordability, there is some hope for homebuyers in the form of renovated homes: properties that have been rehabbed into move-in ready condition after being purchased at auction.

HousingWire Magazine: December 2021/ January 2022

AS WE ENTER A NEW YEAR, let’s look at some of the events that we can look forward to in 2022. But what about what’s next for the housing industry?

Back to the Future of Mortgage Lending

This webinar will be a discussion on understanding what’s to come in the future of mortgage lending by analyzing past trends in the industry, evolving consumer behaviors and demographics of the industry’s production capacity.

Logan Mohtashami on Omicron and pending home sales

In this episode of HousingWire Daily, Logan Mohtashami discusses how the new COVID variant, Omicron, will impact inflation and whether or not it will send mortgage rates lower.

CoronavirusReal Estate

Protesters take to New York City streets over evictions

Housing courts reopened on Monday

The hashtag #cancelrent was trending on Twitter Monday morning as protesters in New York City called for an extension on eviction moratoriums.

Protesters rallied outside housing courts, protesting their reopening and demanding an extension or permanent ban on evictions.

In May, New York Gov. Andrew Cuomo extended eviction moratoriums across the state through August 20, however that ban is only in effect for those who are suffering financial hardships or are unemployed due to COVID-19.

“The Governor’s extension is not a blanket moratorium on evictions,” the Ithaca Tenants Union said about the Emergency Tenant Protection Act. “Starting June 20, landlords can still pursue evictions and take their tenants to court, where tenants will have to prove that they are unable to pay rent due to economic issues brought on by COVID-19.”

Ithaca recently became the first town in the U.S. to promise it would be canceling rent as a result of the pandemic.

More than 50 New York legislators and organizations have called on Gov. Cuomo to extend the eviction moratorium, urging Cuomo to issue a new order.

According to the social media site, protestors were planning to take to the streets all day Monday to spread the message.

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