Current News & Events
A Phil Hall Op-Ed: Trump’s Terrible 50-Year Mortgage Idea
Creating a 50-year mortgage with the goal of making housing more affordable is the equivalent of sending shipments of dinnerware into a famine-stricken region. Continue Reading A Phil Hall Op-Ed: Trump’s Terrible 50-Year Mortgage Idea
Texas Gov. Abbott Emphasizes Property Tax Relief in Re-Election Campaign
“It’s time to drive a stake through the heart of local property tax hikes for good,” said Abbott. Continue Reading Texas Gov. Abbott Emphasizes Property Tax Relief in Re-Election Campaign
Are we seeing a mortgage rate lockdown?
Source: Housing Wire --- The premise of a mortgage rate lockdown is simple: so many American households have such low mortgage rates that some will never move once rates rise, which then locks up housing inventory. This is something I’ve never believed in because we...
Real estate experts say that the time to invest is now
Source: Dominican Today --- Despite the uncertainty created by the post-pandemic stage with its inflationary wave and the recessionary trend of the economy, the real estate sector struggles to maintain its dynamism by creating new proposals for investors of any income...
‘I’m An Aggressive Buyer’ Of Income Real Estate, Billionaire Says, Anticipating ‘A Lot’ Of Inventory This Year
Source: Yahoo Life --- If you own a home or have been interested in buying one, you are aware of the sizeable U.S. residential real estate downturn. Sales numbers are dropping to their lowest rates since 2020, but interest rates continue to rise to around 5.6%. This...
Real Estate Holdings Drop by Record $322 Billion in Canada
Source: Bloomberg --- Canadian households experienced a decline of almost C$1 trillion ($775 billion) in net worth in the second quarter amid plunging prices for homes and stocks. The value of residential real estate holdings held by households fell by C$419 billion...
Fixed-rate mortgage bomb set to go off
Source: Elite Agent --- Thousands of borrowers on fixed-interest home loans are facing an interest rate “cliff” and could be plunged into mortgage stress by the end of the year. According to Finder, $29.8 billion worth of fixed-rate mortgages are due to expire by the...
The 7 Best Reverse Mortgage Alternatives
Source: Entrepreneur --- Reverse mortgages let older homeowners cash out their home equity without selling their residences or taking on debt payments. However, the loans have costs and eligibility restrictions that can cause other solutions to be more favorable. If...
Citi to Expand Program Making Homeownership More Attainable
Source: The Motley Fool --- Buying a home can be challenging for low- and moderate-income mortgage applicants for a number of reasons. First, those who don't earn a lot of money often struggle to come up with funds for a down payment. Also, mortgage applicants with...
Should I sell my house before prices really crash — or wait for the next big real estate boom?
Source: Yahoo Finance --- Home sellers may face a closing window on today’s still-warm — but cooling — real estate market. While sellers can still take advantage of low inventory, they should also know that inflation, rising interest rates and perceptions about...
The King’s Real Estate: All About King Charles III’s Homes Across the U.K.
Source:People --- Following the death of Queen Elizabeth II on Thursday, King Charles III has officially become the new monarch of the United Kingdom. With royalty comes real estate, and King Charles is no stranger to an impressive portfolio of properties all over...
What Charles Darwin Is Teaching Real-Estate Investors
Source: Forbes --- Commercial real-estate, long a safe harbor for investors, must evolve or die. Threats to the once irrepressible growth in the value of commercial real estate are crowding in, denying the fainting market the air it needs. Inflation, now galloping at...
Recent Posts
Zillow: Housing Deficit Could Shrink 6% if Homes Were Built on its Empty Lo…- Florida Democratic Party Voices Opposition to Property Tax Amendment
- Illinois Lawmaker Proposes New Bears Stadium in Chicago’s South Side
- AffordableHousing.com Adds Dedicated Rooms for Rent Marketplace
- Canada’s National Apartment Vacancy Rate Posted Q2 Decline
