The Fair Housing Act does not specifically deny a landlord the right to reject an applicant based on a prior conviction or criminal background. However, property managers are increasingly getting sued for refusing to rent to ex-convicts. In Florida, 48 property managers have been sued by one law firm alone this year for refusing to …
Big metro cities like San Francisco, New York, and Los Angeles are notably absent from realtor.com®’s latest list of the top-performing housing markets in the country. Instead, more suburban areas—like Grand Rapids, Mich., and Omaha, Neb.–are topping the list. Housing affordability has been fueling demand in smaller, more suburban housing markets, realtor.com®’s 2019 hottest ZIP …
10 Hottest Housing Markets Aren’t Where You’d Expect Read More »
He rode around town in a Lexus, Maserati, Range Rover and a Jaguar. He flashed cash at South Florida casinos and funded overseas vacations. He told authorities he “lived with too much luxury.” But it was with other people’s money. A federal judge has sentenced Shayeh Dov to seven years in prison. He is a …
Over the past several years, those who service loans in the State of Washington have seen a dramatic rise in the number of lawsuits in which delinquent borrowers seek to quiet title to their homes on the grounds that lenders are barred from foreclosing based on Washington’s six-year statute of limitations. Historically, these lawsuits allege that the …
Time-Barred Foreclosures and the Statute of Limitations In WA State Read More »
by Christopher Winkler, Manager, Silverwood Capital Fund I http://silverwoodcapitalfund.com Interesting article by Diana Olick (@DIANAOLICK) over @ CNBC.com that talks about most Millennial buyers remorse after purchasing a home. Almost 2/3 had regrets in one way or another, compared to 44% of US homeowners who have regrets. Some of the reasons are: Repairs & Maintenance: …
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by Aly J. Yale, Senior Contributor, Forbes I cover mortgage, housing and real estate. It all started with an email. Just days before closing on a home, I got a message from my escrow officer—or at least someone pretending to be her. Our closing costs needed to be wired to the title company right away, …
Real Estate Wire Fraud Is Real — And It Almost Happened To This Forbes R.E. Columnist Read More »
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 …
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