Top Headlines
National Apartment Association Pushes Back on Biden’s Remarks About Rental Housing
“It’s far past time to remove politics from housing and help America’s renters,” the group said. Continue Reading National Apartment Association Pushes Back on Biden’s Remarks About Rental Housing
Jacksonville Housing Authority Deputy CFO Fired for Not Showing Up at Work
Greg Williams was fired roughly one month after he was promoted from comptroller. Continue Reading Jacksonville Housing Authority Deputy CFO Fired for Not Showing Up at Work
Guest Opinion: Minimizing the Risk of Bank Failures
Weak banks can and often do survive and recover. Continue Reading Guest Opinion: Minimizing the Risk of Bank Failures
NAREB Seeks to Prepare Members for Changes to Real Estate Commissions
“NAREB recognizes that this settlement, if approved by the judge, will bring dramatic changes to our industry,” said Dr. Courtney Johnson Rose, the organization’s president. Continue Reading NAREB Seeks to Prepare Members for Changes to Real Estate Commissions
Virginia Housing Names Tammy Neale CEO
Neale replaces Susan Dewey, who retired from the Richmond-based housing authority at the end of 2023. Continue Reading Virginia Housing Names Tammy Neale CEO
Is Costco Good for Mortgages?
Source: US News --- Costco is known for selling jumbo quantities of food and toiletries, rotisserie chickens and pizza, and furniture and large appliances from its warehouse-style stores across the country. The members-only wholesale chain also offers something even...
Lovett: House to consider housing choice voucher bill
Source: Eagle Times --- How many of us have experienced financial hardship due to circumstances beyond our control? Job markets, education and experience levels, family dynamics, and health all impact our earning ability. When that ability is outpaced by the cost of...
Could Luxury Homes One Day Fill America’s Languishing Office Buildings?
Source: Realtor --- As American manufacturing declined over the decades, major cities inherited vast stretches of disused factories and warehouses. Eventually, savvy owners and developers redesigned and renovated that manufacturing space to create desirable downtown...
Don’t Let Student Loans Delay Your Homeownership Dreams
Source: Keeping Current Matters --- If you’re looking to buy a home, you may be wondering how your student loan debt could impact those plans. Do you have to wait until you’ve paid off your student loans before you can buy your first home? Or could you qualify for a...
Inflation Pushes Mortgage Rates Up to 3.85%. Experts Warn Borrowers Not to Panic: ‘Historically, Rates Are Still Fairly Low.’
Source: Time --- Inflation continues to hit levels not seen in 40 years, and mortgage rates are rising with it. The 30-year fixed rate average increased to 3.85% – its highest since March 2020 – while the latest figures from the Bureau of Labor Statistics Thursday...
Why is our industry still transferring money with paper checks?
Source: Housing Wire --- While the real estate industry has witnessed the introduction of a number of spectacular and innovative developments in recent years, we still (sometimes unfairly) get tagged as “old fashioned” or “conservative.” This is especially true on the...
D.C. First-Time Home Buyer: 2022 Programs and Grants
Source: The Mortgage Reports --- What to know about buying a house in Washington D.C. Being a Washington D.C. first–time home buyer can seem like a daunting prospect; most homes in the District are eye–wateringly expensive. But there’s good news, too. You might be in...
U.S. Mortgage Delinquency Rates Drop in Late 2021
Source: World Property Journal --- Based on CoreLogic's latest monthly Loan Performance Insights Report for November 2021, 3.6% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a...
How To Calculate Property Tax: What Homeowners Should Know About How to Estimate Property Taxes
Source: Realtor --- Need to know how to estimate property taxes? You’ve come to the right place! Most people know that homeownership requires coughing up copious amounts of money. There’s your mortgage, of course, but the costs hardly end there. You will also have to...
Real Estate Commissions Being Squeezed in U.S. Over Last 4 Years
Source: World Property Journal --- National property broker Redfin is reporting the typical commission rate paid to brokerages representing homebuyers in the U.S. has fallen to its lowest point in at least four years. Redfin found the typical U.S. buyer's agent...
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