Borrowers with Paycheck Protection Program (PPP) loans of $150,000 or less—financial aid for businesses stemming from pandemic-related distress—may be able to apply for forgiveness directly through the Small Business Administration’s new portal.The SBA is launching a new application portal to streamline forgiveness requests: Directforgiveness.sba.gov. The platform will begin accepting applications...
More potential home buyers may be getting priced out of the housing market as home prices continue to rise. Pending home sales declined in June, another sign that the housing market may be slightly cooling. The National Association of REALTORS®’ Pending Home Sales Index—a forward-looking indicator of home sales based on contract signings—edged down by nearly 2% in June and also was down by 2%...
Three in 10 home sellers say they’ve used a hidden camera during an open house or showing at their home, according to a new LendingTree study of more than 2,000 consumers.The most common reason, cited by nearly half of those who provided reasons, is to understand what home buyers do and don’t like about the homes. Thirty-six percent of those respondents said they wanted to use the camera to gather the...
Update: The headline of this story was updated on the evening of July 30 after the House of Representatives dropped efforts to extend the national eviction moratorium. The moratorium will expire on July 31, though moratoriums remain in effect in many states and localities. The National Association of REALTORS® has opposed extending the moratorium. In a note to volunteer leaders, NAR Chief Advocacy...