Remove 10 property-taxes-by-state-2022
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Homeowners are staying in place twice as long as they did 20 years ago: Redfin

Housing Wire

While “homeowner tenure” has fallen slightly since its 2020 peak, the length of time that homeowners are remaining in their properties doubled to 11.9 Nearly 40% of baby boomers have lived in their home for at least 20 years, and another 16% have lived in their home for 10-19 years,” the report reads. years last year, up from 6.5

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California HAF requirements extended in bid to entice more beneficiaries

Housing Wire

The state of California has extended the eligibility rules for its mortgage relief program, funded by the Homeowner Assistance Fund (HAF) allocation in the American Rescue Plan Act of 2021. A lack of awareness has been a persistent problem for the HAF program across multiple states. In July 2023, the U.S.

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Nashville breaks into list of top migration destinations for first time since 2021: Redfin

Housing Wire

Nashville has relatively low property taxes, insurance costs and utility prices, along with no state income tax, all of which definitely help if you’re looking for a lower cost of living.” Four Florida metros ranked in the top 10 in October: Orlando, North Port-Sarasota, Cape Coral and Tampa.

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HAF funds have kept 300,000 people in their homes: U.S. Treasury

Housing Wire

“In the first quarter of 2023 alone, HAF programs distributed $1.2 billion in assistance to households – a 50% increase over the fourth quarter of 2022 – demonstrating the program is continuing to scale rapidly as designed.” “As of March 31, HAF programs made roughly $3.7 The data also shows that 14 states and two U.S.

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DataDigest: 25 years of NAR lobbying visualized

Housing Wire

The organization outspent every organization in the country in 2020 and 2022 and came in second behind the U.S. Chamber of Commerce in seven of the last 10 years. million in the first half of 2023, almost half of the entire industry’s spending. Taxes, finance, insurance, and consumer product safety round out the top five.

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Bankruptcy judge approves Celink stipulation in RMF bankruptcy case

Housing Wire

The new agreement The agreement, stemming from a proof of claim filed against RMF by Celink in May 2023, originally sought $361,726 from the lender based on a subservicing agreement entered between both companies in late 2016. of the originally sought amount. Presiding Judge Mary Walrath approved the stipulation in an official order on Jan.

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With low inventory, house hunters are in full safari mode

Housing Wire

Fannie Mae recently projected originations for 2023 at $1.59 New-home sales are up 20% year over year as of May 2023 while sales of existing homes are down by the same level, resulting in new-home sales accounting for some 30% of total housing inventory. The perplexing part: Why are home prices not declining in this environment?

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