A three-month extension on paying back loans is the latest step the Federal Housing Finance Agency has taken to benefit property owners, renters, and the mortgage market during the pandemic. 

Stalled development projects will eventually come online presenting opportunities for investors considering the sale of affected properties.

Many investors remain in a holding pattern, awaiting additional clarity before they sell, restraining the flow of marketable inventory. This has exacerbated the expectation gap between buyers and sellers in many markets.

After apartments in U.S. gateway metros suffered big price cuts in much of 2020, effective asking rents are beginning to inch up again on a month-to-month basis.

Since the COVID crisis began, private investors helped drive the market, according to a recent report from Marcus & Millichap.

Illinois’ ban on residential evictions will end in August, more than a year after Gov. J.B. Pritzker imposed the emergency measure in response to the pandemic.