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Opinion: Investors play key role in providing affordable housing options

Housing Wire

Data from John Burns Real Estate Consulting shows that student loan debt has increased 100% since 2007, keeping many renters in place. FHA loans are insured by the Federal Housing Administration and have less stringent down payment and credit requirements. Millennials have come of age and now are the biggest consumers of U.S.

Investors 387
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FHA Commissioner Julia Gordon gets to work

Housing Wire

According to her LinkedIn profile, she worked at the Center for Responsible Learning from 2007 to 2011, at the Federal Housing Finance Agency from 2011 to 2012 and at the Center for American Progress from 2012 to 2015. In March 2021, Fudge said that the agency had “no near-term plans” to change FHA’s mortgage insurance premium pricing.

Insurance 311
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SFR with ADU or Two Units?

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, VA, flood and fires no insurance, retirement, few lender appraisals, unusual homes, mortgage origination $22M Modern Mansion on 130 Acres in Napa Has Its Own Cabernet Vineyard Excerpts: 6 bedrooms, 6.5+ Risk to Home Values.

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FHA: Cosmetic vs. MPR Repairs

Appraisal Today

In 2007, he started appraising conservation easements, which are specified areas of land earmarked for environmental conservation. A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse. . … Roberts faces a maximum of five years in prison and will be sentenced in six months.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

Today's monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007. Put another way, the monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007. So, what did they do? .”

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Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

An insurance company offered a good example of just how bad it has gotten. The excess of inventory that occurred in 2007, 2008 and ’09, was an anomaly,” said Marci Rossell, former chief economist for CNBC. This is disproportionate to the overall national number of about 5.5% of all homes that are categorized as a second home. >>