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Wednesday, July 31, 2019

Homes for sale: Here's where the housing market is the hottest

Homes for sale: Here's where the housing market is the hottest: Say good-bye to big city life. The most popular areas for homebuyers are in smaller metros, according to Realtor.com’s list of the hottest ZIP codes.

Tuesday, July 30, 2019

America's housing affordability crisis spreads to the heartland

America's housing affordability crisis spreads to the heartland: Low mortgage rates and thriving employment should be the recipe for a strong housing market. Instead, they’re deepening America’s affordability crisis.

Monday, July 29, 2019

Homes for sale: Cash buyers are declining but that could help market

Homes for sale: Cash buyers are declining but that could help market: All-cash home purchases have waned in popularity. The reasons include fading bidding wars, falling mortgage rates and rising prices.

Sunday, July 28, 2019

This is the "fastest growing trend" in the housing industry

This is the "fastest growing trend" in the housing industry: Demand for single-family rental homes is surging, and homebuilders are now stepping in, redesigning and reimagining the sector, and becoming landlords themselves.

Saturday, July 27, 2019

How To Buy a Foreclosed Home

How To Buy a Foreclosed Home: Here's what you need to know as you prep to purchase a foreclosure.

Friday, July 26, 2019

From homeowner to renter — how to handle the transition | The Seattle Times

From homeowner to renter — how to handle the transition | The Seattle Times: Before you sign a lease, make sure you've done your research: Check out the home itself, and read online reviews to see how people like living there.

Thursday, July 25, 2019

Tuesday, July 23, 2019

How to Get a $5,000 Amazon Credit: Buy a House Through Realogy - The New York Times

How to Get a $5,000 Amazon Credit: Buy a House Through Realogy - The New York Times: The online retailer is teaming with an owner of real estate brokerage firms to offer home buyers free Alexa speakers and services like furniture assembly.

Monday, July 22, 2019

Changing Neighborhoods And More Housing Benefit Everyone

Changing Neighborhoods And More Housing Benefit Everyone: The answer to the problems of change isn't schemes to control the ethnic mix of neighborhoods or to embargo new housing supply. The way to make change work for everyone is to allow more housing construction and development so that it is accessible to a wide range of incomes and backgrounds.

Sunday, July 21, 2019

First-time homebuyers struggle with housing slowdown | Fox Business

First-time homebuyers struggle with housing slowdown | Fox Business: Foreign investment in home buying is down, creating fears of a global slowdown in the U.S. housing market.

Saturday, July 20, 2019

Affordable housing gets foothold despite economic challenges - SFGate

Affordable housing gets foothold despite economic challenges - SFGate: MEMPHIS, Tenn. (AP) - Next to a group of homes built 10 years ago on Whitney Avenue in Frayser, two more new homes are now ready for owners.
"This is a work in progress. It's working and we are making progress," Frayser Community Development Corporation president Steve Lockwood said of the construction.
Work is ready to begin on eight additional homes in the same area of Whitney and Woodlawn Terrace. The construction is a collaboration of the Frayser CDC, United Housing and the city, which put up $470,000 in Housing and Community Development funding.
With the money from the sales, Lockwood said his organization hopes to start the ball rolling on 30 more housing sites.
"We've done hundreds of rehabs," he said. "This (new construction) makes a statement, a really visual statement that is different than the rehabs that we do."
In the backyard between the two new homes in a neighborhood with housing stock going back to the 1940s, Lockwood and Memphis Mayor Jim Strickland talked about two years of increases in property values in Frayser.
Several years ago, Lockwood began an advertising campaign that compared a $400 monthly mortgage payment in Frayser to $700-a-month rent els

Friday, July 19, 2019

California’s housing shortage is somewhere between 2.5 million … and zero – Orange County Register

California’s housing shortage is somewhere between 2.5 million … and zero – Orange County Register: My trusty spreadsheet found the statewide residential construction pace, as measured by building permits, is down 43% from the 1963-91 boom years. In that era, the state was 14% of U.S. homebuildin…

Thursday, July 18, 2019

Best places to invest in real estate in the US for new homebuyers - Business Insider

Best places to invest in real estate in the US for new homebuyers - Business Insider: According to Zillow, first-time homebuyers account for 46% of all homebuyers and are more likely than veteran homebuyers to go over their budgets.

Wednesday, July 17, 2019

U.S. housing market stuck in a rut despite lower mortgage rates - Reuters

U.S. housing market stuck in a rut despite lower mortgage rates - Reuters: U.S. homebuilding fell for a second straight month in June and permits dropped to a two-year low, suggesting the housing market continued to struggle despite declining mortgage rates.

Tuesday, July 16, 2019

Landlords Challenge New York’s Rent-Control Law in Federal Court - WSJ

Landlords Challenge New York’s Rent-Control Law in Federal Court - WSJ: Landlord groups on Monday filed a U.S. constitutional challenge to New York’s rent regulations, alleging that state and city governments had, in effect, taken over nearly a million rent-regulated apartments with its new law.

Monday, July 15, 2019

Wave of Hispanic Buyers Boosts U.S. Housing Market - WSJ

Wave of Hispanic Buyers Boosts U.S. Housing Market - WSJ: Hispanics are experiencing the largest homeownership gains of any ethnic group in the U.S., a turnaround for the population hardest hit by the housing bust that could help buoy the market for years.

Sunday, July 14, 2019

Buying a home was the smartest thing I ever did for my money - Business Insider

Buying a home was the smartest thing I ever did for my money - Business Insider: After owning two homes and walking away with a sizable gain, I was able to buy a home in the expensive Southern California real estate market.

Saturday, July 13, 2019

Canada, New Zealand Show Signs of Housing Bubble, Says Study - Bloomberg

Canada, New Zealand Show Signs of Housing Bubble, Says Study - Bloomberg: Canada and New Zealand are the most vulnerable economies to a correction in house prices, with Australia and the U.K. also drawing concern, according to new research from Bloomberg Economics.

Thursday, July 11, 2019

New real estate players want to buy your house | Real Estate | Dallas News

New real estate players want to buy your house | Real Estate | Dallas News: Forrest Stewart was ready to sell his East Dallas condo, but he dreaded the hassle.I was going to have to move all my things out and do repairs,...

A new Redfin-Opendoor ‘iBuying’ partnership is another real estate transformation - MarketWatch

A new Redfin-Opendoor ‘iBuying’ partnership is another real estate transformation - MarketWatch: A new partnership between a traditional real estate brokerage and a new tech-enabled disruptor points to a real estate market in the middle of immense flux,...

Wednesday, July 10, 2019

New bill slashes FHA mortgage insurance for first-time homebuyers | 2019-07-10 | HousingWire

New bill slashes FHA mortgage insurance for first-time homebuyers | 2019-07-10 | HousingWire: The House of Representatives passed a bill Tuesday that slashes the cost of upfront mortgage insurance for first-time homebuyers using mortgages backed by the Federal Housing Administration. The Housing Financial Literacy Act of 2019, or H.R. 2162, stipulates that first-time homebuyers who complete a housing counseling program to learn about sustaining homeownership can get a 25-basis-point discount (0.25%) on their upfront mortgage insurance for an FHA loan. The Mortgage Bankers Association applauded the bill’s passage. "MBA has long advocated for increased access to housing counseling as . . .

Tuesday, July 09, 2019

The housing market is about to shift in a bad way for buyers

The housing market is about to shift in a bad way for buyers: Inventory began to grow in the second half of last year, but supply will soon drop yet again, and could hit a new low.

Monday, July 08, 2019

Housing Market Check-In: 6 Expert Predictions For The Second Half Of 2019

Housing Market Check-In: 6 Expert Predictions For The Second Half Of 2019: The year has so far been a promising one for would-be homebuyers. The seemingly unending rise in home prices started to slow, mortgage rates dipped to unexpected lows and Millennials have finally started buying in. But will these positive trends continue? Experts weigh in.

Wednesday, July 03, 2019

A trend in housing could be pointing toward a recession

A trend in housing could be pointing toward a recession: Housing is providing another in a line of troubling signs pointing to a substantial economic downturn.