Published by REALTOR Magazine | November 4, 2021 The move aims to help a portion of the more than 45 million U.S. adults who have no credit score. Freddie Mac announced a new program to help renters build up their credit profiles and help make them more creditworthy. The initiative provides a means for owners …
Freddie Initiative Adds Rent Payments to Credit Reports Read More »
Published by CNBC | November 4, 2021 An updated version of Democrats’ “Build Back Better” plan has new rules on retirement plans for the wealthy. House Democrats proposed several rules to curb retirement accounts of the rich, part of a broad restructuring of the tax code tied to the party’s Build Back Better social and …
Democrats put 401(k) and IRA Restrictions Back Into Their “Build Back Better” Plan Read More »
Published by CNBC | November 1, 2021 As the period of discounted rents in cities comes to an end, many tenants are bracing for steep increases that could force them to leave their homes. Like many other renters during the pandemic, Trish DaCasta nabbed an apartment that she normally couldn’t afford. The upgrade was a …
Published by MarketWatch | November 2, 2021 “We’ve determined the unpredictability in forecasting home prices far exceeds what we anticipated and continuing to scale Zillow Offers would result in too much earnings and balance-sheet volatility,” CEO tells investors. Zillow Group, Inc. is calling it quits on the home-flipping business, while disclosing losses of more than …
Zillow to Stop Flipping Homes Due to Massive Losses Read More »
Published by REALTOR Magazine | October 26, 2021 Many markets have seen double-digit percentage price growth since the pandemic began. Housing demand has been on fire amid the pandemic, and home prices have skyrocketed in response. Many markets have seen double-digit percentage price growth since the pandemic began. For example, in Rochester, N.Y., where home …
Published by Visual Capitalist | October 20, 2021 The average American needs their retirement savings to last them 14 to 17 years. With this in mind, is $1 million in savings enough for the average retiree? Ultimately, it depends on where you live, since the average cost of living varies across the country. How Long $1 Million …
Published by REALTOR Magazine | October 20, 2021 Keep your eye on Elkhart-Goshen, Indiana—it may be the best market in the U.S. for homeowners and investors, according to the latest Wall Street Journal/Realtor.com® Emerging Housing Markets Index. The index, which covers 300 of the largest metro areas in the U.S., weighs several housing variables, including …
Fall’s 20 Strongest Markets for Home Buyers, Investors Read More »
Published by REALTOR Magazine | October 19, 2021 The physical presence of an appraiser is no longer necessary to determine a home’s value. The Federal Housing Finance Agency will accept appraisals conducted remotely—without the physical presence of an appraiser—starting in early 2022 for qualifying Fannie Mae– or Freddie Mac–backed mortgages. The government-sponsored enterprises will use …
FHFA: Desktop Appraisals to Become a Permanent Option Read More »
Published by Breitbart | October 13, 2021 California’s decision to end single-family suburban zoning is doubling property prices almost overnight, according to the New York Times. The decision to end single-family zoning was made to help provide lower-cost housing for millions of Americans and migrants. But the result is that many adult Americans now cannot afford …
NY Times: Suburban De-Zoning Doubles Housing Prices Read More »
Published by the National Apartment Association | October 14, 2021 Stop the federal government from harming rental housing again by making it pay for the damage it caused over the last year through its eviction moratorium. If they realize they will have to pay for poor policies, they might think twice before damaging rental housing …
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