Top Headlines
NYC Reopens Section 8 Housing Wait List After 15-Year Closure
“Addressing our city’s housing crisis means using every tool our city has,” said Mayor Eric Adams. Continue Reading NYC Reopens Section 8 Housing Wait List After 15-Year Closure
Lowe’s Launches In-Store Kitchen Design Pilot with Apple Vision Pro
A test pilot will be held this month in three markets. Continue Reading Lowe’s Launches In-Store Kitchen Design Pilot with Apple Vision Pro
Wall Street Journal Editors Accuse Realtors of Playing a ‘Rigged Game’
The Journal editors predicted the U.S. Department of Justice “could still intervene to stop last week’s ballyhooed settlement.” Continue Reading Wall Street Journal Editors Accuse Realtors of Playing a ‘Rigged Game’
Janine Lind to Become President of Enterprise Community Development
Lind was previously chief operating officer at MidPen Housing Corporation. Continue Reading Janine Lind to Become President of Enterprise Community Development
Federal Reserve Keeps Interest Rates Steady
Fed Chairman Jerome Powell said there was no hurry to change the current status. Continue Reading Federal Reserve Keeps Interest Rates Steady
Global Real Estate Rental Market 2022: Agents Increasingly Using New Technologies Including VR – ResearchAndMarkets.com
Source: Finance Yahoo --- The global real estate rental market is expected to grow from $2164.29 billion in 2021 to $2396.61 billion in 2022 at a compound annual growth rate (CAGR) of 10.7%. The growth is mainly due to the companies rearranging their operations and...
Does a 15-Year Mortgage Make Sense in 2022?
Source: The Ascent --- If you're looking to buy a home this year, the good news is that mortgage rates are still fairly competitive from a historical standpoint. The bad news, however, is that they've started the year off higher. And there's a good chance rates will...
Here’s how to proactively maintain fair lending
Source: Housing Wire --- HousingWire: How does Fair Lending affect mortgage servicing? Amanda Phillips: The Consumer Financial Protection Bureau (CFPB) has repeatedly signaled throughout the past year via blogs, press releases, reports, its Fall 2021 Supervisory...
Annuities And Reverse Mortgages Are Perfect Complements – So Why Have They Been Forcibly Separated
Source: Forbes --- The answer is that the loss from absence of complementarity is not generally recognized, the population segment that is victimized is not identified, and the regulatory structure responsible for the separation of functions is oblivious to the harm...
Your Questions Answered: Best Home Buying Tips for First-Timers
Source: Housing Logic --- Buying your first home is a big freaking deal. How do you know which loan is right for you? How do you swing the down payment? How do you ensure your offer isn’t too low or too high? What don’t you know that you don’t know? Ack! Breathe,...
Made a profit selling your home? Here’s how to avoid a tax bomb this filing season
Source: CNBC --- If you recently made a profit selling your home, it may come with a costly surprise this filing season: capital gains taxes on your windfall. In 2021, the average U.S. home seller scored a profit of $94,092, up 71% from $55,000 two years ago,...
‘The major question is whether rising rates will quench housing demand’: Existing-home sales surge higher, but could be set for a downturn
Source: Market Watch --- The numbers: Existing-home sales increased by nearly 7% between December and January, hitting a seasonally-adjusted, annual rate of 6.5 million, the National Association of Realtors said Friday. Compared to a year ago, sales were down more...
Blowing the Whistle
Source: Scotsman Guide --- As a nearly $9 million settlement between federal regulators and Trustmark National Bank makes painfully evident, few things present more unwelcome press for mortgage bankers and servicers than accusations of redlining or discrimination....
Thriving cities in Utah’s housing market. Do I keep looking even during the housing shortage?
Source: ABC 4 --- As of today, Utah has a housing shortage of 44,500 units. Should you keep trying to get into a home? Ace Allack of People’s Home Equity, has served as President of Salt Lake Home Builders Association and has insight into what makes our market tick....
A New Bill Could Shield New Yorkers from Steep Rent Increases
Source: Thrillist --- With New York City rent prices recently seeing their biggest increase in over a decade, many New Yorkers are looking for any way they can to save on rent. A new bill under consideration in the state legislature could provide help by setting rent...
Recent Posts
Illinois Gov. Pritzker: Don’t Blame Me for High Property Taxes- Ryan Griffin Named President at Home Run Financing
- Smart Capital Center Rolls Out AI-Powered Fraud Alerts Solution
- Convicted Florida Felon Pleads Guilty in $50 Million Real Estate Investment…
- Mortgage Application Activity Slows Amid Decline in Refinancing
