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: What Created the Housing Affordability Crisis, and Can it Be Fixed?
Ethereal causes like “corporate greed” have not caused inflation. Continue Reading Guest Opinion: What Created the Housing Affordability Crisis, and Can it Be Fixed?
Greystone Provides $19 Million in Bridge Financing for LA-Area Multifamily Property
The financing will fund the construction of 15 additional units in the building for a total of 133 units. Continue Reading Greystone Provides $19 Million in Bridge Financing for LA-Area Multifamily Property
Inflation Up in February – How Will That Impact Fed Rate Cuts?
“The heavyweight component of housing/shelter decelerated to 5.7%,” said NAR Chief Economist Lawrence Yun. Continue Reading Inflation Up in February – How Will That Impact Fed Rate Cuts?
Why the blockbuster January jobs report means your mortgage and credit card payments will get more expensive
Source: Business Insider --- The January jobs report was hugely positive. Its effects on your debt won't be. Data published Friday showed the US adding 467,000 nonfarm payrolls last month, beating expectations and signaling the Omicron wave did little to slow the...
Housing Market Update: Expect Price Growth to Slow, Sales to Stay Flat as Mortgage Rates Approach 4% This Year
Source: Redfin --- Home-price growth, which has been in the double digits since Summer 2020, is expected to slow to an annual rate of 7% by the end of 2022, according to a new forecast by Redfin economists. Home sales are expected to remain relatively flat throughout...
Millions of Americans Have Discovered the Benefits of Multigenerational Households
Source: Keeping Current Matters --- If your needs are changing, you may be thinking about sharing a home with additional loved ones, such as grandparents, adult children, or other extended family members. Whether it’s for financial or health-related circumstances, or...
SRE Technologies Promoting Homeowners Portal in San Diego
Just a few weeks after the company launched a multi-million dollar consumer advertising campaign in Utah, SRE Technologies Inc., developer of an online destination designed to save home loan borrowers money by connecting them with select mortgage originators,...
Mortgage application process just as stressful — or worse — than buying a home, study finds
Source: Scotsman Guide --- A new report from Mastercard-backed data company Finicity has shed light on an uncomfortable perspective for the lending industry: As frustrating as the homebuying experience can be in today’s torrid, ultracompetitive marketplace, applying...
MBA’s Mike Fratantoni on measuring mortgage competition
Source: Housing Wire --- Mortgage industry participants may disagree a great deal on several different topics. However, I expect that you would find no argument with the following statement: Mortgage lending is a highly competitive business. While the scope of the...
Reverse mortgages can be ‘useful’ for retirees
Source: Reverse Mortgage Daily --- Retirees often have to navigate the homeownership and mortgage landscape with a series of unique concerns, owing to the natural occurrences of aging and the reality of what is largely a fixed income. Taking advantage of tools...
Getting ghosted?
Source: Housing Wire --- I never thought I would see the day when the housing industry and the dating industry shared a common struggle — getting ghosted. The term is not so fondly used in the dating world when someone suddenly and without explanation withdraws from...
As rent spikes by 35% in some cities, here’s how Utah compares to the rest of the U.S.
Source: KSL --- SALT LAKE CITY — Utah has some of the most overvalued housing markets in the country. What about rent? In the past year, rent in some U.S. cities shot up a staggering 35%, according to a recent report from Redfin, fueled in part by rising housing...
Owning Is More Affordable than Renting in the Majority of the Country
Source: Keeping Current Matters --- If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According to the latest report from ATTOM...
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