After a yearlong search, Aaron Cole and his family finally found their dream home in Canby, Ore., in December 2018. The seller accepted Cole’s $440,000 offer, and with a down payment of $123,000, he and his wife were ready to move in just in time to celebrate Christmas and their son’s fifth birthday. Nothing seemed …
Veros Real Estate Solutions predicts that the following 10 housing markets will see the greatest appreciation through June 1, 2020: Odessa, Texas: 9.7% Coeur D’Alene, Idaho: 9.5% Idaho Falls, Idaho: 9.4% Boise City-Nampa, Idaho: 9.1% Midland, Texas: 8% Bellingham, Wash.: 7.8% Spokane, Wash.: 7.4% Kennewick-Pasco-Richland, Wash.: 7.2% Pocatello, Idaho: 7.2% Yakima, Wash.: 7.2% READ MORE: …
About 37% of U.S. households are “free and clear,” meaning they no longer have a home mortgage to pay, according to a Zillow data analysis. This number ticked upward after the Great Recession and over the past 10 years the share of homeowners paying off their mortgages has risen 5.5 percentage points. In 2017, the most recent …
The Minneapolis City Council has approved the Minneapolis 2040 comprehensive plan, which declares the city’s intent to abolish single-family-home zoning and allow duplexes and triplexes to be built anywhere in the city. Single-family-only neighborhoods, a staple of city and suburban planning, are woven into the DNA of the American dream: the leafy, peaceful street lined …
Minneapolis Abolishes Single Family Home Neighborhoods Read More »
Just nine months ago, Stearns Lending was very much in growth mode, acquiring an equity interest in Citywide Home Loans, rolling out new loan programs and acquiring other new lending channels. But the tide appears to have turned as Stearns is now facing Chapter 11 bankruptcy. Stearns Holdings, the parent company of Stearns Lending, announced Tuesday that it is launching a “comprehensive financial …
Effective June 10, 2019, Nevada AB393 (the “statute”) adds foreclosure restrictions and a pre-foreclosure notice requirement concerning the rights of federal, state, and tribal workers who may be affected by a government shutdown (“affected worker”). The statute was passed and is effective as of June 10, 2019, without any language as to retroactive effect. The …
President Donald Trump signed a bill on July 1 that in part will prevent private debt collectors from pursuing low-income individuals who owe money to the Internal Revenue Service. The Taxpayer First Act makes several administrative changes to the IRS, including creating an independent appeals process, strengthening the IRS’ ability to proactively combat identity theft …
New Law Prohibits Debt Collectors From Contacting Certain People Read More »
As of Feb. 28 Oregon caps rent increases and bans no-cause evictions for many, reshaping the state’s housing market for years to come. Landlords will be limited to when they can issue eviction notices after the first year of tenancy. Landlords can only raise rents once a year for tenants, and when they do, with some exceptions …
New rent control laws in New York are being blamed for eating away at landlords’ profits and putting many in a financial bind. Some real estate professionals and investors told The Wall Street Journal that the laws could cause rent-stabilized apartment buildings to drop 20% to 45% in value. That could put the building owners at risk …
N.Y. Landlords Face Fallout From New Rent Control Laws Read More »
The Greatest Heist in American History has not been from Robbing Banks by Dan Harkey The greatest heists from American taxpayers have all been perpetrated by actions taken by the government that served as a redistribution of money and capital. Let’s review 7 massive redistribution actions by our leaders that (robbed) from taxpayers and transferred …
Powered by WishList Member - Membership Software
