Ignite FB Tracking PixelTag: COVID 19 News - Dave Hiller
Core, Realtors

Tag: COVID 19 News

Posted on 06/15/2020
A Third of Employees Want to Work From Home Permanently
Image by Rolf Hassel from Pixabay COVID-19 has accelerated a trend that has been going on for several years. Working at home part-time or permanently. Savings in areas such as commute time and using fossil fuel to get the office are being realized as a result of this. Here are more details on this change and its impacts...
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Posted on 06/12/2020
Record Low Mortgage Rates for the Long Term?
Image by PublicDomainPictures from Pixabay Here is important information that likely impacts home buyers and sellers. In the current COVID-19 pandemic economic recession, The Federal Reserve decision to keep the Fed Funds rate at zero likely means home mortgage will not rise and maybe decrease in the next 2 1/2 years. This is great news for the home...
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Posted on 06/11/2020
Americans Are Less Anxious About Paying Their Bills
Image by SD5432SD from Pixabay Here is information from a recent consumer survey and how us American's concern for paying our bills is impacting us. Since we are adjusting to a new norm and there is less concern about the uncertainity of the impact of COVID-19 on our daily lives, our financial concerns are dropping. Here is more...
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Posted on 05/25/2020
Mortgage Applications Continue Surprising Rebound
Photo by Tatiana Syrikova from Pexels Inspite of the continued threat from the COVID-19 Pandemic and its economic impact, home buyers are coming back into the home market enticed by record low mortgage rates. Here are more details on this situation and its impact. Buyers are reemerging in the housing market much faster than anticipated. Mortgage applications are...
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Posted on 05/20/2020
COVID-19 Has Sparked a Rise in Rental Fraud
Photo by kat wilcox from Pexels If you are a landlord or own residential rental property, here is a timely warning about a new threat. This could lead to lost rental income, property damage, forced evictions of tenants and increased legal costs. Here is more details regarding this. Application fraud is growing in residential rental markets since the...
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Posted on 04/24/2020
How COVID-19 Is Affecting the New-Home Market
Photo Courtesy of Pixabay A new home is a great candidate to look at for your next home. Now with the COVID-19 slow down impacting the home real estate market, new home builders face more pressure to sell their homes than an existing home owners whose home is on the market. New home builders face higher interest costs...
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Posted on 04/16/2020
Freddie Mac Extends Multifamily Loan Forbearance Options
Image by Dawit Tibebu from Pixabay Here is great news for owners of multifamily housing that have loans backed by Freddie Mac or Fannie Mae. These are GSE (government sponsored entities) that typically buy mortgage notes from mortgage originators such as mortgage bankers, mortgage brokers or institutions. In many cases, the tenants of these properties have been adversely...
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Posted on 04/01/2020
Health Care Workers Allegedly Asked to Leave Rentals
Photo Courtesy of Pexels This is telling of our times. However the situation is very unfair to those that are on the front line fighting this pandemic. Our health care workers need a safe and comfortable place to live and recover from their very stressful lives. The following article has more information on this. Medical professionals fighting the...
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Posted on 03/30/2020
Here’s How The Coronavirus Stimulus Bill Would Help Homeowners
Image by 024-657-834 from Pixabay In Oregon, most likely one or more special session(s) are likely to look at passing the following that affect homeowner and others: — Money for state utilities to help subsidize services for low-income households and small businesses. — A statewide moratorium on residential and commercial evictions, potentially paired with rent and mortgage assistance...
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Posted on 03/24/2020
How to Keep Your Phone, Laptop and Car Germ-Free
Image by stokpic from Pixabay Here is great advice on keeping our devices we are using to work from home safe and clean. Read on for important tips and ideas on how to accomplish this. Cell phones and other everyday objects could potentially carry the coronavirus. Washing your hands and disinfecting areas frequently touched are the best strategies...
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Posted on 03/22/2020
Major Builder: Coronavirus Won’t Kill New Construction
Image by Paul Brennan from Pixabay In spite of the impacts to home buyers caused by the COVID-19 virus, new home builders are optomistics regarding sales. It may take a few weeks for the public to regain confidence in buying homes. Builder Lennar Corporation is working on innovative ways to make it possible to purchase new homes in...
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Posted on 03/18/2020
Cities Move to Suspend Evictions
Image by David Mark from Pixabay Portland, OR and Multnomah County has as part of the state of emergency has issued a temporary eviction moratorium, tenants will have up to six months after the city and county state of emergencies end to repay any rent they owe, officials said. The city’s declaration ends March 26 and the county...
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