Renters Fear Missing Out On Homeownership — Except One Group

Published by Forbes.com | May 15, 2024 Housing affordability issues continue to make homeownership more of a dream than a reality for many people. Housing affordability issues continue to make homeownership more of a dream than a reality for many people. But those who can’t afford to buy a house are finding that renting is …

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Home Prices Come Into Focus as Key Issue in the 2024 Election

Published by REALTOR.com | May 13, 2024 With mortgage rates up and home prices out of reach for many first-time buyers, the affordability crisis is increasingly in the spotlight as campaign season heats up. In most presidential election years, home prices aren’t a key issue for voters or a major campaign talking point. Consider it …

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Crackdown on Hedge Fund Homebuyers Won’t Lower Housing Prices, Economist Argues

Published by REALTOR.com | May 9, 2024 Proposed congressional legislation to ban Wall Street hedge funds from snapping up single-family homes would likely have little impact on home prices, one economist has argued. “With their small national market share, claims that large institutions inflate house prices seem exaggerated,” wrote Capital Economics Property Economist Thomas Ryan in a …

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Real Estate Scams Are On The Rise. Here’s What You Need To Know

Published by Forbes.com | April 30, 2024 Several types of real estate scams are on the rise and even the savviest homeowners should be on alert. Scams are on the rise, and this includes real estate scams. According to the FBI’s Internet Crime Complaint Center (IC3), business email compromise (BEC) schemes frequently target the real estate sector. …

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Mortgage Fraudster Who Served 13 Years in $55M Scheme Now Helps Fight Scammers

Published by REALTOR.com | May 4, 2024 Since his guilty plea, Cox says he’s reformed and has turned his unusual talents to fighting fraud. In the late ’90s, Matthew Cox was 29 and starting a new job as a mortgage broker in Tampa, FL, when he committed his first act of mortgage fraud by erasing a borrower’s late payment …

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IRS Plans To More Than Double Its Audit Rate of Wealthy Taxpayers

Published by FOX Business | May 3, 2023 IRS also plans to nearly triple audit rates on large corporations with assets over $250M The IRS is planning to ramp up audit rates of wealthy Americans and large corporations as part of its sweeping effort to crack down on tax cheats. The tax-collecting agency aims to …

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Wall Street Has Spent Billions Buying Homes. A Crackdown is Looming.

Published by FOX Business | April 29, 2024 Lawmakers say investors that scooped up hundreds of thousands of houses to rent out are driving up home prices Wall Street went on a home-buying spree. Now, more lawmakers want to stop it from ever happening again. Democrats in the U.S. Senate and House have sponsored legislation …

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Surge in Home Insurance Costs Adding More Inflation Pressure on Americans

Published by FOX Business | April 24, 2024 Rising home insurance rates are crushing U.S. families The astronomic rise in mortgage rates and spike in home prices over the past year have pushed a key tenet of the American dream out of reach for millions of families. Now, there is another obstacle to homeownership: higher …

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