article thumbnail

Real estate industry is in flux after shocking guilty verdict in commission lawsuit trial

Housing Wire

One thing possibly preventing Bough from taking the second option is a specific Missouri state law , which allows for a seller or landlord to “agree that a designated broker may share with another designated broker the compensation paid by the seller or landlord.”

article thumbnail

Why it’s time for the housing industry to get serious about climate risk

Housing Wire

These losses – both insured and uninsured – have traditionally been borne by homeowners, renters, landlords, builders, and property & casualty insurance companies. And the Federal Reserve has asked the nation’s six largest banks to participate in a climate scenario analysis designed to measure and manage climate-related financial risks.

Insurance 349
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Fed pauses its rate hikes for now, will it last?

Housing Wire

In the housing sector, the combined impact of higher rates and higher home prices drove the cost of financing a home up more than $400, or 22.5%, from a year ago. Raising interest rates is designed to tackle those still-high prices outside of the volatile food and energy sectors. Inflation picked up to 3.7% a year earlier.

article thumbnail

Make Your First Investment Property an Attractive and Profitable Option

Cleveland Appraisal Blog

Keep in mind that investment homebuyers will be required to put down a minimum of 15% to secure financing, according to Lending Tree. This should include repairing any structural damage or major systems before you think about design. Are You Cut Out to Be a Landlord? Determine How Much You Can Afford. Next, look at your space.

Investing 332
article thumbnail

Don’t let COVID crisis mask affordable housing opportunity

Housing Wire

rushes to inoculate the current global health crisis, the real estate and mortgage finance industries are facing their second wave of significant industry headwinds in little over a decade. Across the country, local zoning ordinances have consistently been designed to inhibit the development of medium and high density-housing.

article thumbnail

7 best real estate schools in Massachusetts for 2024

Housing Wire

Exam Prep: The Basic Prelicensing package features three e-books and a course manual designed to help you retain essential real estate concepts and prepare for the state exam. Features Commercial Real Estate Basics and 5 other landlord and tenant courses Broker Prelicensing $420 Online Broker Supervised Video Course: Webinar.

article thumbnail

Condo vs. Apartment Living: 8 Key Differences

Raleigh Realty

Generally, condos are in a designated condo community where many (or most) of the units are owned by their inhabitants. An apartment is a unit in a building that’s rented out by its owner, called a landlord. You might also prefer an apartment — regardless of your finances — if you prefer to move around. What Is an Apartment?

HOA 60