The Mortgage Bankers Association says the percentage of homeowners with mortgage troubles almost hit a quarter-decade low in the third quarter of 2019.
Most millennials want to own a home, but faced with student debt and other bills, they can’t save enough to get started. Some now fear they’ll be renters forever.
People often need to sell quickly because of death, disaster, debt or divorce. Agents who offer iBuyer options can more easily cater to this market niche.
A study of 1.2M listings ranked agent’s descriptive phrases based on MLS appearances. “Hardwood floors” and “stainless steel appliances” came next. “A home description should play up a property’s main assets and complement the pictures,” the study says.
A Davie lawyer made almost $1M filing lawsuits against businesses, claiming the disabled faced accessibility problems. But he did so without any disabled clients.
Sellers often think a home warranty offers their buyers some peace of mind. But in a tight market, some buyers will view it as a red flag for potential problems.
On Monday, Elizabeth Warren unveiled her plan to help renters. It includes a new Tenant Protection Bureau within HUD and a federal hotline for tenant complaints.
There are 50% fewer under-$250K homes today than in 2012, according to Capital Economics, thanks to a rise in values and a drop in lower-priced listings.
A 2020 slowdown is less likely, according to Freddie Mac’s latest report. It expects housing to support the larger economy and “solid, if not spectacular, growth.”
Fla. Gov. Ron DeSantis released budget recommendations he wants the Florida Legislature to consider for 2020-2021, and they include a number of Realtor priorities, such as $625M for environmental spending, full funding for affordable housing and $500K for unlicensed activity.
Noting a rapid increase in Spanish-speaking members, NAR hosted the session, called “NAR en Español: What does the future look like?”, at its recent convention.
According to a HUD allegation, landlords are responsible for Fair Housing Act violations by one tenant against another if the landlord does nothing to stop it.
Under a new proposal, developers wouldn’t need special permission to build residential units on commercial and business property if it includes affordable housing.