W. J. Mencarow

Evictions in Pandemic Boomtowns Are Surging as Rents Rise

Published by REALTOR.com | July 24, 2024 Evictions are surging in some of the most popular COVID-19 pandemic boomtowns for one simple reason: The rent is too high. Nearly two years after the federal government lifted COVID-19 pandemic-era eviction moratoriums, evictions are surging in some of the most popular boomtowns for one simple reason: The …

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Demand for Tiny Homes Spikes as Housing Affordability Crisis Continues

Published by FOX Business | July 24, 2024 Tiny homes can range between 300 and 750 square feet The housing affordability crisis that continues to trouble would-be homebuyers is sparking an increase in demand for tiny homes. In response to this demand for more affordable properties, an innovative tiny home community called Mustard Seed Village …

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REITs Are a Way to Invest in Real Estate Without Buying Real Estate

Published by Business Insider | July 20, 2024 REITs offer investors a liquid way to profit from real estate, without management hassles. Here’s how they work and ways to invest. A real estate investment trust (REIT) allows people to invest in real estate without having to buy or manage any property themselves. Given that landlord …

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Billionaire Democrat Real Estate Investor Reveals Unintended Consequences of Biden’s Rent Cap Proposal

Published by FOX Business | July 19, 2024 New Biden admin plan penalizes corporate landlords who raise rent more than 5% each year Billionaire real estate mogul and former Democratic gubernatorial candidate Jeff Greene sounded off on President Biden’s “completely ridiculous” plan for national rent control, warning that it stunts new buildings and fair prices. …

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The Salary Needed To Afford a Home Has More Than Doubled Since Before the Pandemic

Published by REALTOR.com | July 16, 2024 The combination of high list prices and elevated mortgage rates means owning a home now costs nearly twice as much as it used to. Scraping together enough money to buy a home can seem like a fruitless endeavor, especially in today’s housing market dominated by high mortgage rates …

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FORBES: How To Determine The Highest And Best Value For Your Property

Published by Forbes.com | July 7, 2024 If you’re selling a property, you’ll want to evaluate the highest and best value, which can lead to the highest selling price. If you’re selling a property, one of the first questions you’ll want answered relates to the value of the property. When you know an estimate for …

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Mortgage Refinance Falls Again, Despite Homeowners Sitting On $17T in Equity

Published by FOX Business | July 10, 2024 American homeowners are sitting on a record $17 trillion in equity, yet the rapid rise in mortgage rates over the past two years has prevented many of them from tapping their equity in order to refinance. Data published Wednesday by the Mortgage Bankers Association (MBA) shows that …

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Biden’s New Home Construction Efficiency Rules Cause Outrage, Doubts Over Affordability

Published by FOX Business | July 8, 2024 A Biden-Harris administration official rejected claims the new standards will further burden first-time homebuyers and families already facing record high prices. The Biden administration on Monday rejected claims from Congress and homebuilder groups that new energy efficiency standards for home construction will make a bad economic situation …

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