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Florida Officials Plan Swift Demolition of Remaining Part of Collapsed Building
Source: NY Times --- Florida officials said on Saturday that they were rushing to demolish the part of the Champlain Towers South that remained standing, because they were fearful that the partially collapsed structure could not withstand the powerful winds of an...
This 27-year-old real estate agent bought his first home in 2020—his top 3 tips for millennial homebuyers
Source: CNBC --- Jeremy Mateo, 27, is a real estate broker in Hawaii and bought his first home, a one-bedroom condo for $560,000 in Honolulu, right before the coronavirus pandemic upended life in the U.S. Since Mateo closed on his home in March 2020, the real estate...
Biden’s new dilemma: How to slash housing costs for low-income borrowers
Source: Politico --- President Joe Biden’s move to fire the top U.S. mortgage regulator is triggering calls from fellow Democrats to use the agency to expand access to loans for lower-income people, who have struggled to buy homes since the financial crisis. That’s...
With house prices through the roof, young buyers’ hopes go out the window
Source: The Guardian --- House prices are soaring and gazumping has returned in property hotspots. The average cost of a home jumped by 13.4% in June from the same month last year, according to Nationwide building society. This is more than four times the 3% annual...
The Predatory Green Energy Trap That Could Spark Another Housing Crisis
Source: Oil Price --- It’s been over a decade since 10 million people in the United States lost their homes in the 2008 subprime mortgage crisis. Over a decade since the financial devastation set in motion by the housing crash caused a recession which destroyed over...
5 things you need to know about today’s housing market
Source: Fox Business --- U.S. homes, even in the most affordable neighborhoods, continue to climb in price — ultimately deterring more homebuyers from taking the plunge. During the pandemic, demand in America's heated housing market continues to outstrip supply,...
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