Category: Real Estate
-
Read and Keep This Info: A Deed Holder’s Disaster Preparation and Recovery Guide
The scout’s motto works well for the homeowner. Be prepared. Know where you can receive the kinds of services and support that enable deed holders to rebound after a disaster. You might like to bookmark this page for future reference. You might also wish to go through its content with other members of your household.
-
Real Estate Investment Apps Are Targeting Nervous First-Time Investors
TikTok and YouTube influencer “Jackie The Happy Investor” has launched an app by the same name. The online tool promises to help small investors analyze potential investment properties like a pro. Users can assess homes, examine comparable properties in detail, and break down repair costs and net values. Paid access to the platform also includes…
-
Young Voters Want Congress to Act on Housing Costs Now
According to the National Association of REALTORS®, about half the people who rent or live with family believe both of these statements are true: (a) I’d like to buy a home, but don’t have affordable options in my area. (b) U.S. housing is so expensive that I’ll likely never be able to hold the deed to…
-
Investors: Know When a Cheap Home Is a Money Trap
In the midwestern states, purchasing a home for under $100K is entirely possible. Some people do it as an investment. In a big-picture way, it can be a smart thing to do. A deed means land, and land has scarcity value. Meanwhile, a home can also produce an income stream. That said, for every prince…
-
“The Lending Environment Shifted Under Their Feet”: War Sidelines Mortgage Seekers
Turmoil in Iran is causing lenders to get stricter with mortgage loan applicants. Now, FICO scores that would normally pass muster are winding up in some lending companies’ rejection piles. The conflict is now widely projected to batter global economies for many months to come. An increasing number of U.S. lenders look at this situation…
-
An App for That? Tech Promises to Help Young People Afford a Deed
Housing affordability continues to present barriers to first-time buyers. People who already have deeds find this market so much easier to navigate. Only one in five buyers is a newbie. Far too many younger people feel like permanent renters. Not surprisingly, property tech companies and app developers are showing up with solutions. And the National…
-
Waiting for Home Prices to Drop? Don’t Count on It.
Some hopeful deed holders have waited a long time for property values to fall. Home prices remain high. Interest rates, too. It’s a time of war and simmering inflation. Generally, mortgage rates go up when inflation goes up—and when our federal treasury prints money. Which it’s doing now. As inflation rises, so do borrowing rates.…
-
Financing a Home Purchase With a Disability: Where to Look
There’s a lot of talk today about affordable homes. But we also need more accessible affordable homes. More than one in four U.S. residents live with a disability. And the U.S. population is getting older. If you’re an individual with a disability, there are agencies and alliances that have your back. And yes, you can buy a…
-
HUD Moves to End Fair Housing Rule That Shelters Battered Spouses
The “disparate impact rule” has been used in cases involving domestic violence survivors and others in vulnerable housing situations. This rule is often used to help keep at-risk people in safe, healthful, stable housing. Now, the federal Department of Housing and Urban Development (HUD) plans to cancel the rule.
-
Senate Passes ROAD to Housing Act—Builders, Housing Advocates Weigh In
In March, the U.S. Senate passed the housing bill called the 21st Century ROAD to Housing Act. The intent of the law is to make U.S. housing more accessible to more people. The price tag on a typical home sold in the U.S. is sidelining hopeful buyers caught in a troubled economy. The ROAD to…
-
Multiple States Demand Paybacks From Company That Paid Deed Holders to Use Its Brokerage in the Future
States have come down hard on listing agreements that bind deed holders to one brokerage to sell their homes in the future. Now, under a settlement agreement, MV Realty must pay restitution for the harm done to Massachusetts deed holders for contracts that bound customers for 40-year periods. If MV Realty complies with the agreement, it will…
-
How Long Will This Economic Slump Last? Zillow Asks, and Rewrites Its 2026 Housing Forecast
Zillow® has changed its mind. Just a few months ago, the company was expecting a 4.3% rise in sales of currently existing homes through this year. But storm clouds have gathered. Suddenly, the price of fuel is sky-high. The inflation that appeared to be manageable now looks different. And Zillow’s worried that all this could…
-
Coinbase Enters the Mortgage World. A Partner in Its Loan Product? Fannie Mae.
The Better Home mortgage company and Coinbase have announced a new collaboration. They’re coming out with a way to link cryptocurrency with down payments for conventional loans. Wait, don’t rush off to find this online. This product isn’t available yet. But it will be, quite soon. Better Home’s website is already collecting contact information from…
-
How Will War-Inflated Oil Prices Impact Home Sales and Mortgage Rates?
Spoiler: Mortgage rates at the 6% level may be looking awfully good a few months from now. The U.S.-Israeli war with Iran could “derail the crucial spring housing market as oil prices soar,” Realtor.com said as oil prices spiked above $100 a barrel. The website, owned by the National Association of REALTORS®, has bluntly stated:…
-
Facing a Troubled Economy—How Race and the Generations Intersect
The housing gap is getting more extreme as time goes on. Which means young people are having a harder time of it. Racial identity continues to be an overlapping factor.
