President Donald Trump and outgoing Consumer Financial Protection Bureau (CFPB) Director Richard Cordray have both named interim heads of the agency, calling into question who has the power to name a new director and who is actually leading the agency in Cordray’s absence. Trump named White House Office of Management and Budget Director Mick Mulvaney …
Hurricane victims emerging from ravaged trailer parks are discovering that the U.S. mobile-home market has left them behind. In Florida and Texas, dealerships are swarmed by buyers looking to rebuild their lives after hurricanes Harvey and Irma, but many leave disappointed. The industry, led by Warren Buffett’s Clayton Homes Inc., is peddling such pricey interior-designer …
Mobile Homes Are So Expensive Now, Hurricane Victims Can’t Afford Them Read More »
White House budget director Mick Mulvaney is expected to be tapped by the White House to serve as acting director of the Consumer Financial Protection Bureau when the agency’s current head, Richard Cordray, resigns from his post later in November, according to a person familiar with the matter. The move could be announced by the …
New CFPB Director Calls The Agency A “Sad, Sick Joke” Read More »
Many property owners have found that being a landlord can be a welcome source of supplementary income. Perhaps you’ve purchased a rental property as an investment, or have decided to rent out your former home after moving. Some homeowners live in one part of a property and find tenants for another part, such as an …
Can you sell a property while tenants are living there? Read More »
Richard Cordray, director of the Consumer Financial Protection Bureau (CFPB) and a holdover from President Barack Obama’s administration, announced on Wednesday that he will be stepping down by the end of the month, which is sending some American bank stocks higher in afternoon trading. “I wanted to share with each of you directly what …
Consumer Financial Protection Chief Cordray Says He’s Quitting, Bank Stocks Rise Read More »
Single-family rentals — either detached homes or townhomes — are developing faster than any other portion of the housing market. These rentals outpace both single-family home purchases and apartment-style living, according to the Urban Institute. “Almost all the housing demand in recent years has been filled by rental units,” says Sara Strochak, a research assistant …
Rental homes are overtaking the housing market. Here’s why Read More »
High home prices and tight supply of houses for sale are not exactly the best mix for homebuyers, but they’re even worse for those looking to become landlords. While the national picture may look bleak, certain local markets are still lucrative options. With three of the top five markets for investors, Texas appears to be …
Want to be a landlord? These are the top markets this fall for investing in rental homes Read More »
Some real estate executives in Texas are hoping to get rich quick with homes damaged by Hurricane Harvey. Longtime investor Ray Sasser detailed the strategy at a real estate conference in Houston this month: Buy up to 50 flooded homes for a fraction of what they’re worth, fix them and flip them for a hefty …
Real estate investors cash in on Harvey-ravaged Houston Read More »
Rents have increased rapidly across U.S. housing markets as the share of renting households has risen faster than the number of new units. Now, in a survey published Thursday by an apartment-listing service, nearly one in five respondents reports struggling to make the monthly payments. While big landlords seem to be succeeding at finding …
READ THE ARTICLE: https://www.fatherly.com/love-money/map-hours-worked-afford-house-cities/ Contributed by Sa’ndor Lau
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