Risks for 2021 include variability around expiring for - bearance and eviction policies. The Department of Hous - ing and Urban Development recently announced that the FHA is granting a two-month extension of its foreclosure and eviction moratorium and initial forbearance requests through February 28, 2021. However, once the consumer protections expire, spikes in foreclosures and evictions could flood the market with inventory and have a negative effect on prices. HUD’s December 1, 2020 report shows
FHA delinquencies around 17.7 percent (8,695) with serious delinquencies at 12.3 percent (6,050) for the Jack - sonville market.
2021 SFR Housing Price Forecast: +3 percent to +5 percent
The variability around this forecast is wide and dependent upon data available as of September 2020. The severity and duration of the COVID-19 epidemic, as well as the response of the public and policymakers, continues to change daily.
Current Rent Price
Rent vs Income
Gross Yield
Current Home Price
© 2020 Mapbox © OpenStreetMap
© 2020 Mapbox © OpenStreetMap
© Mapbox © OSM
© Mapbox © OSM
3Bd SFR Rental Price
Rent vs Income
Avg Yield
SFR Home Price
$1,200
$1,800
22.5%
45.0%
7.5%
12.0%
$180,000
$450,000
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