W. J. Mencarow

Blue-State Residents Are Fleeing To Red States for Lower House Prices

Published by REALTOR.com | June 21, 2024 Much of this mass migration has to do with real estate prices, which have shot up astronomically in blue-state strongholds such as California and New York. America’s Republican-leaning red states are winning at drawing in new residents from blue states—but locals don’t like it one bit. The Republican …

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Pairing Tax Credits To Help Create Affordable Housing

Published by Forbes.com | June 18, 2024 Pairing low-income housing tax credits and historic tax credits could help generate a greater supply of affordable housing, particularly if younger buildings qualified as being historic In a report entitled “Affordable Housing and Historic Preservation,” the U.S. Department of Housing and Urban Development (HUD) and the Advisory Council …

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The Federal Government’s New Plan To (Maybe) Give Renters Straight Cash

Published by Vox | June 13, 2024 A bold experiment to help tenants is advancing. DETROIT — The federal government is laying the groundwork for a potentially major change to the nation’s largest rental assistance program, aiming to test an idea that would allow low-income tenants to pay rent directly with cash, rather than use …

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The Rise of Build-to-Rent Communities: A Solution to America’s Housing Crisis?

Published by FOX Business | June 12, 2024 Build-to-rent single-family homes grew from 5% to 10% in 2023, according to the National Association of Realtors While many Americans wait for potential relief in the housing market, some real estate developers are taking advantage of the high demand within the market and investing in “build-to-rent” neighborhoods, …

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Why Mortgage Rates Vary by State and Which States Have the Lowest

Published by REALTOR.com | June 6, 2024 As with everything in real estate, where you live also has an impact on what kind of mortgage rate you can get. It’s a challenging housing market for home buyers, with home prices at an all-time high and mortgage rates above 7%. Eagle-eyed house hunters may notice a …

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Investor Home Purchases Surge for First Time in Two Years: Impact on Buyers

Published by CNBC | June 4, 2024 Real estate investor activity jumped 0.5% from a year ago, according to Redfin – the first increase in activity since mid-2022 Consumers confronted with high housing prices sometimes point to private equity when buying homes as a contributing factor. However, experts say that while the housing market has …

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The Price Per Square Foot of an Average U.S. Home Has Jumped More Than 50% Since 2019

Published by REALTOR.com | June 5, 2024 The latest monthly housing report from Realtor.com® reveals that the typical listed price per square foot grew by a whopping 52.7% from May 2019 to May 2024. A home’s price per square foot is a somewhat overlooked real estate feature. When shopping for a house, buyers are usually …

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Real Estate Investor Says ‘Nobody Wants To Do Business’ In NYC After Trump Verdict

Published by FOX Business | May 31, 2024 Prominent business executives have warned that more New York enterprises and their leaders may fall victim to “no rule of law” in the wake of Donald Trump’s guilty verdict. Former President Trump was found guilty on all counts in his historic and unprecedented criminal trial, making him the …

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Rising Insurance Rates May Stop Many From Purchasing Their Dream Home

Published by Forbes.com | May 31, 2024 With double-digit home insurance rate increases, some potential homebuyers may find it difficult to purchase a home. Here’s what you need to know. It comes as no surprise that if you plan on purchasing a house, you’ll also need to get home insurance. However, the cost of homeowners …

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