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5 at 5: Your Daily Digest for Real Estate Investing, 07/08/2020

Jul 08, 2020 by Marc Rapport

In Today's News

Three-Fourths of Tenants Have Paid at Least Some July Rent

The National Multifamily Housing Council says that 77.4% of renters have made full or partial payments by July 6, about the same as last month at this point. Meanwhile, the July 31 deadline for supplemental federal unemployment benefits looms.

Residential Construction Adds 300,000 Jobs in Two Months

After an epic plunge in April, the residential construction segment of the economy has begun adding jobs as home building begins to recover.

Home Mortgages in Forbearance Continue Declining

The Mortgage Bankers Association (MBA) says the home loans in forbearance have dipped for the third straight week. The MBA also said today that mortgage applications edged up in the past week.

Today on Millionacres

3 Real Estate Stocks that Make a Good July Buy

Millionacres' Matt Frankel shares some insight on three real estate stocks that are down now but could present opportunity for years of appreciation.

How COVID-19 Is Creating a New Reality for Office Lease Deals

Two Big Apple attorneys with a nationwide client base share some insight on how property managers and tenants can contend with shutdowns now and going forward. Hint: Such leases are long-term deals that need to work for both sides.

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