By Shannon McGahn | Published by Realtor Magazine on July 23, 2020 Eliminating 1031 like-kind exchanges would hit mom and pop investors hardest and cause a devastating domino effect on the economy. Thanks to forbearance and other emergency benefit programs, the residential real estate market is holding strong during the pandemic. Millions of Americans are actually …

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Published by National Real Estate Investor on July 29, 2020 In the second quarter, the U.S. homeownership rate jumped to 67.9 percent, according to the Census Bureau. (Bloomberg)—The U.S. homeownership rate, led by young buyers, jumped to the highest level since 2008, signaling that the housing boom underway before the pandemic has only accelerated. The …

U.S. Homeownership Rate Soars to Highest Level Since 2008 Read More »

Published by Realtor Magazine on July 31, 2020 The national median listing price in July was $349,000—a record high, Realtor.com® reports in its latest Monthly Housing Trends report. While the pandemic continues, home prices are accelerating and, in some markets, began to edge into previously uncharted territory this month. Further, homes are selling just as …

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Published by Fox News on 7/30/2020 The AFFH rule was designed to eliminate racial disparities in housing President Trump told suburban voters in a tweet on Wednesday they will “no longer be bothered or financially hurt” by having low-income housing in their neighborhood after his administration revoked an Obama-era housing rule. The Affirmatively Furthering Fair Housing, or …

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Published by Need to Know on July 27, 2020 A biometric digital identity platform that “evolves just as you evolve” is set to be introduced in “low-income, remote communities” in West Africa thanks to a public-private partnership between the Bill Gates-backed GAVI vaccine alliance, Mastercard and the AI-powered “identity authentication” company, Trust Stamp. The program, which was first …

Vaccine Companies Partner with Mastercard to Merge Vaccines with Cashless Money System Read More »

By James Redden | Published by The Calculator Site Do you really understand what compound interest means and how it works? Most importantly: do you know how it can benefit you? We all like the thought of earning interest on our savings and investments. Equally, we all hate having to pay interest on loans and …

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Published by Yahoo Finance on July 22, 2020 After rising from 3.2% in January to 7.8% in May, the national delinquency rate improved for the first time in five months, falling to 7.6% in June as the overall number of past-due mortgages declined by 98,000 Black Knight, Inc. (NYSE:BKI) reports the following “first look” at June 2020 month-end …

Mortgage Delinquencies Improve for the First Time Since January Read More »

Written by John Carney | Published by Breitbart on July 22, 2020 Existing-home sales exploded higher in June as home buyers took advantage of record-low mortgage rates and fled city centers beset with anti-police protests, riots, looting, crime, shootings, stay-at-home orders, shuttered businesses, closed schools, and a loss of amenities such as restaurants, theaters, and …

Flight from the Cities: Existing Home Sales Soar Nearly 21% Read More »

Written by Rich Bockmann | Published by The Real Deal on July 21, 2020 Joe Biden went after one of the real estate industry’s favorite tax benefits when he recently proposed funding a child- and elderly-care spending platform by closing off a loophole used by property investors. The presumptive Democratic presidential nominee proposed eliminating 1031 …

Insiders: Biden’s tax plan would “pull the rug out” from under the real estate industry Read More »