Real Estatin' the Facts

   Here's the weekly round-up of news. Check it out, save it for later, and/or share it with your friends. Enjoy! HUD gives owner-occupied buyers early chance Source: Federal Housing Administration In an effort to make more HUD-owned properties available to owner-occupants and non-profit organizations, the Federal Housing Administration doubled its exclusive listing period on certain HUD single-family and real estate-owned homes that will give owner-occupant buyers more time to bid on the properties ahead of investor competition. The extended exclusive listing period for bids will begin on March 1. Individuals, families, HUD-approved nonprofit organizations, and government entities will then have 30 days to review new listings of single-family homes on HUD’s REO sale site, HUD HomeStore. That is up from a 15-day exclusive period that is currently in place.  READ MORE...   2021 CA housing market posts best performance in more than a decade Source: CALIFORNIA ASSN. OF REALTORS® Calif