FHA Announces a 40-Year Loan Modification Option
A 40-year loan mandates a lot of interest payments and a slow build for equity, but FHA says it will prevent thousands of foreclosures, making that a fair tradeoff.
New Biz Allows You to Buy Real Estate Photos
Tired of using stock photos and seeing the same people on your competitor’s website? New platform allows you to buy – and even sell – a picture as an NFT.
Prices Tripled in 13 U.S. Cities Since 2000 – 2 in Fla.
In two Fla. cities, Miami and Tampa, prices rose more than 200% in a little over 20 years – No. 8 and No. 9 in the U.S. for price increase percentages.
RE Q&A: How Do You Pick a Property Manager?
A large, seemingly trustworthy property management firm appears to have absconded with HOA money. How can HOAs protect themselves going forward?
HUD Releases $3.3M to Fight Housing Discrimination
Groups can apply for funding that’s dedicated to fair housing education, outreach and enforcement – including fair housing testing and legal aid.
Big Wave of Sellers Might Emerge this Year
Survey: 44% of Gen Z (18-25) and 35% of millennials (26-41) say they’ll sell their starter home this year. Many have lots of equity and a fear of rising mortgage rates.
One Reason for Rising Prices? ‘Fear of Missing Out’
Worried buyers wonder how high mortgage rates will go, how fast, and whether inventory levels will ever rise – fears that help push housing prices ever higher.
Fla. Rent-Relief Program Helps 211K Households
OUR Florida – a state program that offers help to lower-income, at-risk renters – says it has committed $1.5B so far to help 211,667 rental households.
Second U.S. State Might Try to Ban ‘Love Letters’
Even though a preliminary injunction stops an Oregon law banning buyer “love letters” until trial, Rhode Island lawmakers are considering something similar.
75% of Successful Buyers Have Regrets
Today’s successful buyers are happy they got a home, but some who made trade-offs to win a bidding war have regrets after they move in.