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Homebuyer assistance programs rose to nearly 2,300 in 2023

Housing Wire

housing market has reached its least affordable point in decades and housing agencies have increasingly rolled out homebuyer assistance programs to tackle this issue. This allows people to become homebuyers as well as investors, a more common strategy in recent years that is known as “house hacking,” the report stated.

Landlords 465
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Why it’s time for the housing industry to get serious about climate risk

Housing Wire

And yes, this certainly has had an impact on insurance companies from coast to coast, as we’ve seen insurers retreat en masse from states such as California , Florida , and Texas , which have all seen record losses in recent years from wildfires, earthquakes, hurricanes, severe winter storms, sinkholes, and more.

Insurance 340
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FHA does a solid for mortgage credit rejects. Will it move the needle for loan officers?

Housing Wire

Department of Housing and Urban Development ( HUD ) called FHA Connection, a database used to insure and generate FHA case numbers associated with the borrower’s home loan application. All FHA mortgage lenders use a system by the U.S.

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Home Appraisals for Rental Properties

D Fritz Appraisals

While having a new stream of cash flow can be exciting, you’ll also be taking on the role of a landlord. . A homeowner might do this because the housing market is struggling, and they’re concerned their home’s value has dropped. Finally, you’ll need to speak to your insurance company. Mortgage insurance.

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Winners and losers of this volatile housing market

Housing Wire

Less business for lenders and real estate brokerages, in return, is hurting title companies, tech vendors, appraisers and mortgage insurance firms. But any market that pushes some businesses to the brink of insolvency also will create opportunities for others. Landlords hold the cards. The culling.

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Market conditions no longer favor large SFR players

Housing Wire

Institutional SFR investors acquired one of every 19 single-family homes and condos in the first quarter of 2023, representing 5.4% That, in turn, could flatten out rent increases and put greater financial pressures on [SFR] landlords.” of all purchases, according to ATTOM. However, that purchase rate is down from 6.6%

Marketing 378
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Ohio Land for Sale: Is the Market Still Ripe for Growth in 2022?

The Robert Weiler Company

Reports have revealed a strong land market. And undeveloped land is increasingly attractive for investors after favorable reports from the Ohio REALTORS®. Our land brokers anticipate steady demand from land buyers, other CRE investors, land developers, and tenants in Ohio, Central Ohio, and Columbus, Ohio. million square feet.