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Single-family rents soar in tight housing market

Housing Wire

Enforcement of the now-expired Centers for Disease Control eviction moratorium was inconsistent to begin with , and in some areas there have been few checks on tenant turnover and rent increases even during the pandemic. Profit margin compression and a tight housing market – What’s a lender to do? Presented by: Black Knight.

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A look at Knoxville’s hot housing market

Housing Wire

Many are eyeing scenic East Tennessee, where Knoxville and its surrounding suburbs have formed one the country’s hottest housing markets. Currently on Realtor.com , more than 2,000 homes are currently on the market in Knoxville with an average listing price of $270,000. There’s high-paying jobs in the area, too.

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Even super hot housing markets like LA are cooling off

Housing Wire

Our local market feature spotlights five different areas across the country for each HousingWire Magazine. Local real estate agents, loan officers and appraisers from each city share what characteristics are currently defining their housing markets. Rapid City, South Dakota. Rapid City, South Dakota. Bend, Oregon.

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Here’s an inside look at local housing markets across the country

Housing Wire

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Conway, Arkansas. Rochester, New York.

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Florida theme parks creating more housing for employees

Housing Wire

A large portion of Florida ’s economy relies on tourism, especially as major Orlando-area theme parks including Universal Studios Florida and Walt Disney World. To launch the project, Universal donated 20 acres of land adjacent to the Orange County convention center,” the Bloomberg report reads.

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Canadian mortgage lender rolls back activities in flood-prone zones

Housing Wire

The Desjardins Group , a Quebec-based lender, is no longer issuing mortgages in high-risk flood areas, multiple media outlets reported this week. million homes, representing about 10% of the nation’s housing market, are already unable to obtain flood insurance as many insurers across Canada avoid flood zones.

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Winners and losers of this volatile housing market

Housing Wire

Through numerous interviews with industry players, HousingWire assessed the rapidly changing housing market to determine who remains vulnerable to the higher-rate environment, and who’s primed to capitalize in the months ahead. The post Winners and losers of this volatile housing market appeared first on HousingWire.