Discover Why the Real Estate Experts All Agree that the Second Home Market is Hot
As rental prices are steadily climbing, inventory and mortgage rates have remained low during the COVID-19 pandemic. The unprecedented circumstances have sparked a change in how people want to live. More than ever before, people are longing for additional space and...
Pandemic home remodeling is booming: Here’s what your neighbors are doing
KEY POINTS Houzz, an online home remodeling platform, reported a 58% annual increase in project leads for home professionals in June. Those working on outdoor spaces saw the biggest increase in demand, with searches for pool and spa professionals three times what they...
DAWGS Saves Chicago Property from Demolition
On June 12th, 2020, the City of Chicago, acting on an emergency default order, was getting ready to demolish a home in the Englewood neighborhood of Chicago. The demolition never happened because of the swift action from the Chicago-based DAWGS team. The vacant...
7 Home Renovations to Avoid During COVID-19
Quarantine means spending way more time at home—and for some people, that also means noticing everything you want to change about your space. But is now a good time to take on a major renovation project? Probably not, experts say.“If you’re not already in the middle...
US Housing Markets Most at Risk from Coronavirus
Here’s where coronavirus will impact the housing market the most The spread of COVID-19 has decimated entire sectors of the American economy, bringing industries like airlines to a halt and rendering almost 10 million Americans unemployed. The housing market is at...
Should Real Estate Investors Buy Properties During the COVID-19 Pandemic?
Even for those who can afford to buy right now, the current crisis presents as many challenges as it does opportunities. Real estate investors will undoubtedly find more good deals on properties than usual. You better believe there are plenty of motivated sellers out...
What Will the Housing Market Look Like After COVID-19?
A recent study by Apartment List found that a significant share of Americans – three in 10 at last count – haven’t been able to make their housing payment on time amid the economic impacts of the COVID-19 outbreak. With states starting to reopen and mortgage rates...
Single-Family Rental Demand Jumps Following the Pandemic
Single-family rentals may be one of the few asset classes to see demand growth following the pandemic. According to Jeff Cline of SVN/SFRhub Advisors, demand for single-family portfolios, defined as five or more homes, has skyrocketed in the last month, up 650%....
DAWGS Remotely Manages Vacant Property Security During COVID-19 Pandemic
During the Coronavirus Pandemic, a Florida-based mortgage lender was experiencing break-ins and vandalism issues with their New Jersey property portfolio. Due to the COVID-19 lock-down and travel restrictions, the lender’s representative was unable to travel to the...