After warning mortgage servicers not to repeat their Great Recession mistakes, the consumer bureau proposed actual rules to prohibit starting foreclosures before Dec. 31, 2021, with a few possible exceptions – such as proof that they’ve unsuccessfully tried to contact unresponsive owners.
States will get almost $700M in federal grants this year, a special program for low-income housing. It’s more than double the amount HUD sent out last year.
For owners in forbearance, a possible foreclosure is closely tied to whether or not they’re working again. This spring, about 800K owners in forbearance – out of a total of 2.6 million homeowners – hit the 12-month mark, though a six-month extension may still be possible.
Fannie Mae survey: Americans have an ingrained belief that housing investments are almost as safe as savings accounts with the growth potential of a stock investment.
To Floridians, an old home is more than 25 years old. But for New York buyers used to older housing, an older home has unique charms and “character.”
Marcus & Millichap CEO Hessam Nadji says he “saw confidence return fairly quickly in the third quarter … and then really build up to, for us, a record fourth quarter.”
Help make Realtors’ voice in Tallahassee a little louder: Email lawmakers. Ask them not to permanently cut 66% of the housing trust funds many hard-working Floridians need.
FEMA did not release a tool to answer the question on most Fla. homeowners minds: “Will my flood insurance rate go up or down?” But overall, it says 1 out of 5 residents (19.8%) will see a reduction, and 3 out of 4 (76%) won’t see a change higher than $120 more per year.
Fla. claimed Ga. took too much water from the interstate rivers, impacting the Apalachicola River and Gulf oysters, but the court said other factors contributed.
Many buyers and sellers want to “click” with a real estate agent, and tactics that subtly say, “I’m different, and here’s why …” can secure more customers.