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A Housing Crisis Has More Politicians Saying Yes to Developers
Source: New York Times --- For years, elected officials from across the political spectrum in New York City have scored points by attacking a common enemy: Real estate developers. Politicians routinely quashed projects. Some officials argued they were protecting a...
Dave Ramsey Warns of a Dangerous ‘Plot Twist’ You Could Face With Rent-to-Own Homes. Here’s What It Is
Source: The Motley Fool --- Rent-to-own is one approach to buying a home, but it's not a conventional approach. Basically, if you opt for a rent-to-own arrangement, you enter into an agreement with a property owner that enables you to purchase the property you are...
7 tips for answering real estate questions in today’s market
Source: Real Trends --- The state of our current housing market is creating the need for sometimes challenging real estate questions between Realtors and clients. Twenty-five to 75% of all agents are new to the business and have never experienced a change in the...
Home buyers turn to riskier loans as interest rates soar
Source: Click 2 Houston --- HOUSTON – Home buyers feeling financially squeezed by higher interest rates are increasingly being steered by real estate agents and mortgage brokers to potentially riskier types of mortgages, similar to those seen ahead of the 2008...
I Sold My Forever Home. Here’s Why
Source: The Motley Fool --- When my husband and I got married, we decided we wanted to wait to purchase a property until we found our forever home. We found getting a mortgage to be a big pain and moving to be an even bigger hassle, so we didn't want to go through the...
Mortgage rates could continue rise to 8.5%: NAR
Source: The Real Deal --- Mortgage rates could climb another 1.5 percentage points, according to a leading economist. National Association of Realtors chief economist Lawrence Yun predicted that interest rates could be on their way to 8.5 percent if they pass a...
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