Millions of Americans relocated in 2020 and many due to the COVID-19 pandemic. College students and young adults moved home, and a new breed of remote working Americans no longer tied down to a long commute sought new places to call home.Idaho ranked as the nation’s leader for inbound moves—that is, people moving in—while New York had the greatest outbound moves—people leaving the state, according to the 2020 Atlas Van Lines Migrations Pa
iPro was founded on the idea of building a better living with champion real estate services. We focus on incorporating and mastering the latest technologies and perform all types of real estate transactions. Our team of professionals set a stronger standard of business and give superior results.Click here for information on becoming a salesperson.
As part of last month’s COVID-19 stimulus package, $25 billion in federal assistance funds are expected to be disbursed to states today, Jan. 26.There could be a rush for funds with an estimated 14 million Americans are behind on their rent. Further, rental arrears in the country may be near $70 billion, CNBC reports.To qualify for rental assistance, at least one member of a household must have experienced income loss, significant expenses due
The pandemic is expanding the divide between those who are thriving financially and those who aren’t, CNN reports. Stock market growth is enriching the wealthy and they’re up-sizing by purchasing pricier homes. However, those facing unemployment in the pandemic and first-time buyers who don’t have equity in a current house, are struggling in the housing market.Homeowners with mortgages gained about $17,000 in equity in just the third quarte
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Existing-home sales in 2020 surged to the highest level in 14 years, landing 22% higher than a year ago, the National Association of REALTORS® reported Friday. Existing-home sales—completed transactions that include single-family homes, townhomes, condos, and co-ops—posted big gains year over year and rose by 0.7% in December 2020 compared to November 2020’s already unseasonably high rates.“This momentum is likely to carry into the new y
For nearly a year, mortgage rates have remained near historic lows. The 30-year fixed-rate mortgage fell this week to average 2.77%, Freddie Mac reported. Its lowest average on record was 2.65%, recorded earlier this January.“We’re now seeing rates fluctuate a bit as political and economic factors drive Treasury yields higher,” says Sam Khater, Freddie Mac’s chief economist. “However, we forecast rates to remain relatively low this year
Plants can help brighten indoor spaces and may offer other mental and physical health benefits. As such, it’s no surprise indoor plants are one of the favorite accessories of home stagers.Research has linked indoor plants with reduced stress, increased productivity, and improved quality for the home’s air. Some of the most effective house plants to improve the air quality are areca palms, Boston ferns, rubber trees, spider plants, and ficus t
For the fifth time, the Federal Housing Finance Agency is extending single-family foreclosures and real estate–owned eviction moratoriums on properties backed by Fannie Mae and Freddie Mac, the agency announced Tuesday. The extension runs until Feb. 28. The moratoriums are in place due to the financial impact brought on by the COVID-19 pandemic.The program was originally scheduled to expire in June 2020. The most recent deadline for the program
Joe Biden was sworn in as the 46th U.S. president on Wednesday, taking the reins in the nation’s response to the COVID-19 pandemic and the ensuing economic shakeout, a deeply divided country, and a host of other challenges. But he’s already signaled that several real estate issues are on his administration's to-do list.The National Association of REALTORS® applauded Biden's inaugural speech that focused on unifying America and rest
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