Realtor.com® ranked the nation’s housing markets based on how quickly homes are selling as well as the number of listing views they garnered at realtor.com®. The top 20 markets for July are: Vallejo, Calif. Kennewick, Wash. San Francisco San Jose, Calif. San Diego Stockton, Calif. Columbus, Ohio Fort Wayne, Ind. Sacramento, Calif. Detroit Dallas Colorado …
“The number of victims wouldn’t fit in this courtroom or probably all of the courtrooms in this building . . . it’s staggering.” Barbara Barkley is 4 feet 10 inches tall. So she designed her home in Chesapeake, Va., just for herself, with all the counters and handles lowered. People told her the changes would make the …
Rising home prices are pushing more people to rent that at any time in more than 50 years, according to a new report. A new analysis of Census Bureau data by the Pew Research Center found that more US households are headed by renters than at any time since at least 1965, according to a …
The Financial CHOICE Act is a bill introduced to the 115th United States Congress in 2017 that would, if enacted, roll back “many of the protections in the landmark Dodd-Frank 2010 federal law, including the “strongest” Wall Street“regulations from the financial crisis.[1] The legislation passed the House 233-186 on June 8, 2017.[2] The massive 600-page[1] …
Rep. Jeb Hensarling Explains The Financial CHOICE Act To Roll Back Dodd-Frank Read More »
BALTIMORE, MD (WJZ/CNN) – Keith Mills stood outside the house he owns, but legally, he can’t go in. “I’m shocked. It’s a little alarming,” said Mills, a contractor who was living inside the home as he renovated it, A few days ago, he got an unwelcome surprise. Someone had cut off the lock box – …
After Craigslist scam, man can’t enter his own home Read More »
Here are the ten states with the highest foreclosure rates as of June 2017. 10. New Mexico June 2017 Foreclosure Rate: 1 in every 272 housing units Change from January to June 2016: Down 10.57% Change from January to June 2015: Up 1.77% 9. Ohio June 2017 Foreclosure Rate: 1 in every 229 housing units …
When the government-controlled mortgage finance giant Fannie Mae agreed this year to guarantee a $1 billion financing deal for one of the biggest private-equity-backed landlords in the United States, the move prompted an outcry. Housing advocates and legislators questioned why the landlord, Invitation Homes, which is controlled by the Blackstone Group, needed such low-cost financing, …
Freddie Mac To Loan Million$ To Midsize Landlords Read More »
Nationwide, about a third of home and condo sales went to investors or other non-occupant buyers last year. “The percent of homes being purchased by non-occupant owners has been rising across the U.S.,” said Daren Blomquist, economist with Attom Data. Almost 40 percent of the homes sold in the Dallas area last year didn’t go …
1/3rd of homes nationwide sold to non-owner occupants Read More »
The number of apartment dwellers nationwide is nearing a record, as 95 percent of units are now occupied, according to rental data from RealPage, a real estate analytics firm. “Solid job formation, continued limited loss of renters to home purchase, and widespread availability of appealing new apartments” are continuing to boost rental demand, says RealPage …
by Michael Taylor I’m a big fan of niche financial markets as well as learning about how NOT to invest. This leads me this week to the “life settlements” industry, and a subset of that business known as “viaticals.” Living owners of life insurance policies sometimes seek to sell their policies on the secondary market …
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