Pennsylvania Gov. Josh Shapiro has signed a new bill into law designed to protect home sellers and buyers in residential wholesaling transactions. Senate Bill 1173, which was sponsored by Republican Sens. Pat Stefano and Greg Rothman, requires anyone conducting...
Mortgage application activity dipped in the latest Mortgage Bankers Association (MBA) data tracking the week ending July 5. The Market Composite Index, the MBA’s measure of mortgage loan application volume, slipped by a scant 0.2% percent on a seasonally adjusted...
Connecticut’s capital city of Hartford is leading the country for rent hikes, according to new data from Zillow (NASDAQ:Z, ZG). Rents have grown 7.8% over the past year in Hartford, the greatest annual spike in any major city; the current typical rent in Hartford is...
The Federal Housing Administration (FHA) has updated its 203(k) Rehabilitation Mortgage Insurance Program that provides financing for renovating or rehabilitating single-family homes. FHA offers two variations of the 203(k) program: the Standard 203(k) for substantial...
Bismarck, North Dakota, ranked first among more than 180 as the best market for rental housing in WalletHub’s 2024 Best & Worst Places to Rent survey. For this year’s survey, WalletHub number-crunched 21 indicators of rental attractiveness, ranging from the...
The majority of Gen Zers believe they will never be able to become homeowners, according to a new survey published by Clever Real Estate. In a nationwide poll of 1,000 Gen Zers, 60% of respondents were worried that will never own a home, while 18% believed they can...