Eppraisal

APRIL 23, 2024

Earlier generations told them to go to college, get a job and you’ll make enough to put money down on a house. These entities buy properties and flip them into rental units, driving up local rent while taking houses off the market. Housing prices skyrocket while loans take on higher interest rates to match the market.

Modernization 36

Modernization Home Value Landlords Open Houses 36

Empire Appraisal Group

AUGUST 24, 2023

Factors WalletHub weighed to create its list of most livable states Affordability – total points: 20 Housing affordability: full weight (~2.22 points) Homeownership rate: full weight (~2.22 points) Education & health – total points: 20 Quality of public school system: full weight (~1.74

Transportation 78

Transportation Property Taxes Tools Finance 78

Raleigh Realty

MARCH 29, 2021

Income limitations or frequent moves can make homeownership seem out of reach - that's what we are here for To help make your home purchase easy and successful. If you work in public education, health care, or disaster management, you may be a government employee. Who Is a Government Employee? Good lenders should be aware of this.

Government 148

Government Real Estate Agent Insurance Property Taxes 148

Housing Wire

FEBRUARY 19, 2024

California looms large in any discussion of housing affordability. The largest state by population, one out of every eight Americans lives in the Golden State, but the homeownership rate is dismal. That represents a serious downtrend from a 50% homeownership rate in 2000. How many housing units are we building?

Law 484

Law Inventory Real Estate Government 484

Housing Wire

DECEMBER 4, 2023

It deepened an already existing inventory shortage and worsened affordability woes. However, homebuyers are resourceful and show signs of adaptation to the current market BofA researchers found that homebuyers were willing to sacrifice several features to find their home quicker.

Housing Market 434

Housing Market Marketing Transportation Mortgage 434

Housing Wire

OCTOBER 4, 2022

The Federal Housing Administration (FHA) on Tuesday issued a request for feedback from the public on how it can increase access to small balance mortgages through its single-family mortgage insurance programs. Fannie Mae and Freddie Mac , although they rarely back small-dollar loans, subsidize lenders for originating them.

Mortgage 370

Mortgage Government Lending Finance 370

Will Springer Realtor

SEPTEMBER 5, 2023

It’s a creative way to trim mortgage payments in the early months of homeownership, an option that grew in popularity late in 2022 when interest rates more than doubled from the start of the year. Sellers should have their tax accountant review IRS Publication 936. What exactly is a mortgage buydown? of the purchase price.

Mortgage 62

Mortgage Buyers Tools Sellers 62

Housing Wire

MARCH 28, 2024

Earlier this month, President Biden during his State of the Union announced several initiatives to address housing affordability in our country. We have long supported thoughtful efforts to ensure greater housing opportunity and affordability. Title professionals also play a key role in helping prevent fraud.

Insurance 432

Insurance Transportation Property Taxes Real Estate 432

Housing Wire

JANUARY 5, 2021

The Federal Housing Finance Agency published the 2021 plans for Fannie Mae and Freddie Mac to serve the most vulnerable communities through their Duty to Serve plans. Back in 2016, the FHFA issued a final rule that implemented the DTS provisions as mandated by the Housing and Economic Recovery Act of 2008. Presented by: Fannie Mae.

Finance 397

Finance Development Investing Mortgage 397

Assurance Financial

JUNE 15, 2023

Fannie Mae and Freddie Mac are two government-sponsored entities (GSEs) that play a significant role in the United States housing market by providing liquidity to the mortgage market. Fannie Mae is regulated by the Federal Housing Finance Agency (FHFA) and is one of two GSEs, the other being Freddie Mac. What Is Fannie Mae?

Government 36

Government Housing Market Mortgage Investors 36

Housing Wire

DECEMBER 14, 2022

“With a deep knowledge of the mortgage industry and a proven record of bipartisan advocacy, Seth is the right leader to promote the mission of the private mortgage insurance industry in helping first-time homebuyers achieve the American dream of homeownership,” USMI’s board chairman Adolfo Marzol said in a press release.

Insurance 370

Insurance Finance Inventory Mortgage 370

Housing Wire

OCTOBER 24, 2022

The Federal Housing Finance Agency (FHFA) “as soon as possible” will eliminate upfront fees for certain borrowers and affordable mortgage products, which is part of an ongoing review of Fannie Mae and Freddie Mac ’s guarantee fee pricing framework initiated in 2021. FHFA’s Division of Research and Statistics used 47.3

Valuation 377

Valuation Finance Appraisal Mortgage 377

Housing Wire

JANUARY 17, 2024

Fannie Mae and Freddie Mac are in the spotlight again over the role some housing-industry experts say they could play in reducing mortgage rates if they resumed a more active investor role in the mortgage-backed securities (MBS) market. How likely that is, though, I don’t even know how to handicap.”

Marketing 380

Marketing Investors Mortgage Finance 380

Housing Wire

APRIL 25, 2022

Most conversations surrounding the affordability crisis have focused on headline-grabbing home price increases , bidding wars , racial disparities in home appraisals and a lack of supply. Lawmakers, academics, fair housing and trade groups have all bemoaned the lack of appraisal data. But it wasn’t enough to stop taxes from rising.

Property Taxes 410

Property Taxes Government Appraisal Valuation 410

Appraisal Today

NOVEMBER 4, 2022

Excerpts: In a nutshell, our survey respondents recommended that you should: 1) do your research and get to know the AMCs, 2) build a relationship with them, 3) treat the relationship as a partnership, and. The academic researcher “scraped” data from many sources that went way beyond MLS and public records. ==. By McKissock.

Reconsideration of Value 52

Reconsideration of Value Appraisal Inspection Advertising 52

Housing Wire

OCTOBER 29, 2021

The National Housing Act of 1934 also played a part in popularizing these covenants. Passed during the Great Depression to protect affordable housing, the legislation introduced the practice of redlining. Remnants of these covenants remain, however, in public land records in most states. In 1948, the U.S. In July, U.S.

Legal 397

Legal Advertising Real Estate Contracts 397

PennyMac

APRIL 2, 2020

Step 1: Check Your Credit and Do Your Research. Hopefully, you’ll be able to settle on an ideal home price range that gives you both a monthly payment you can afford, and lots of homes to choose from in your preferred neighborhoods. But be sure you’ve done your research before opting out of using an agent.

Real Estate Agent 36

Real Estate Agent Inspection Sellers Agents 36

Will Springer Realtor

MAY 13, 2024

GIMME SHELTER: AMERICA’S HOUSING PROBLEM WORSENS This country is struggling – mightily – to put enough roofs over the heads of Americans. Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession.

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

JANUARY 23, 2024

Whether you’re reading this within a few short days of its early 2024 publication or years later, the truth still holds: Buying a home in Seattle/King County is challenging. Affordability has been a hallmark topic in this region of the country (and many other parts of the U.S.) for several years. Are you sitting down?

Buyers 44

Buyers Landlords Mortgage Real Estate 44

The Robert Weiler Company

SEPTEMBER 7, 2022

Below, we explore why it’s a good idea to buy land in Ohio; the benefits of buying land to build a house or business; and we even detail some alternatives to buying real property… from your couch, if you’re not ready to buy land for sale! The Buckeye State is the most affordable in the U.S. ” U.S.

Investing 78

Investing Business Real Estate Buyers 78

Will Springer Realtor

APRIL 14, 2023

HOUSING AND THE CARBON CONUNDRUM Happy spring! Hard-working, middle-class Americans cannot afford to live today in high-productivity zones such as in cities in King County. Across Washington, 60% of low-income and 23% of middle-income households are burdened by housing costs, compared to only 6% of high-income households.

Transportation 36

Transportation Sellers Construction Real Estate 36

Will Springer Realtor

MAY 9, 2023

Almost since the start of the pandemic, homeowners have been spending more time enjoying their low-financed houses and condos. an increase of about 14% year-on-year, according to Harvard research for Q1. months in Q2 of 2022, according to a survey conducted by John Burns Research & Consulting.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

OCTOBER 11, 2023

While zoning is applauded by most, people also must know that it is a vehicle for perpetuating segregation through exclusionary land use laws and threatening the supply of affordable housing. Scholars have called zoning laws a “straitjacket” on housing growth, an impediment to improving our personal and public economic health.

Law 36

Law Development Design Government 36

Appraisal Today

MARCH 3, 2023

Other methods and tools that our survey participants said they use to support appraisal adjustments include: Market knowledge/research Market extraction Manual sales comparison Regression analysis Segmented market analysis To read more, click here My comments: First survey for this topic I have ever seen. Appraising vs. the Public Good?

Tools 52

Tools Appraisal Home Value Contracts 52

Will Springer Realtor

SEPTEMBER 12, 2023

A concrete and steel cover connecting First Hill to downtown, for example, would reduce traffic noise, potentially add more parkland and encourage construction of new housing. The benefits are innumerable, including: It is not abandonment by workers of the cities that is of concern but affordability for potential residents.

Sellers 36

Sellers Development Retail Real Estate 36

Will Springer Realtor

DECEMBER 6, 2022

He capitalized on a growing need for homes with simple features and affordable pricing to help the city’s expanding population enjoy the ideal of family life without the noisy, claustrophobic experiences endured by many in urban rentals. Craftsmans were popping up within walking distance of public transportation.

Architecture 36

Architecture Design Buyers Modernization 36

Will Springer Realtor

JANUARY 9, 2024

The most significant impact of reduced finance costs is the potential for lowering barriers to homeownership, which has reached unprecedented heights in the past two years. This represents about 75M homeowner households, according to a Harvard housing report, out of a total of 85M households nationwide. rating poorly for housing costs.

Mortgage 36

Mortgage Real Estate Law Lending 36

Will Springer Realtor

MARCH 10, 2023

In addition to wanting to understand the purchasing process and how much home one can afford, prospective buyers also tell us that crime and safety are prime considerations when choosing an area to live. Among many goals of the Fair Housing Act is to prevent “steering.” It’s not … and here’s why. Stay tuned!

Real Estate 36

Real Estate Law Government Buyers 36

Will Springer Realtor

SEPTEMBER 20, 2022

A research paper co-authored by a former Freddie Mac senior vice president believes changing the compensation structure could affect a buyer’s ability to afford a home. Buyers will want to discuss potential scenarios with their broker and lender before embarking on home tours and well before making an offer.

Sellers 36

Sellers Brokerage Real Estate Buyers 36

Housing Wire

MARCH 29, 2022

The racial homeownership gap is now wider than it was in 1890. And if these agencies were to find that a merger ran counter to public interest because of a bank’s discriminatory lending practices, it’s not likely anyone would know about it. Banks then quietly withdraw their application, rather than face a public denial.

Lending 366

Lending Government Law Mortgage 366

Will Springer Realtor

JULY 13, 2023

What’s the research on when in-person [attendance] matters.” To help address the housing-office mismatch, the city recently held a competition of sorts. The proposal would convert upper floors into co-living spaces with 80 sleeping quarters and shared kitchens and bathrooms to help make residential living truly affordable.

Construction 36

Construction Supply Chain Real Estate Development 36

Housing Wire

AUGUST 13, 2021

The mortgage industry had mixed feelings about the Federal Housing Finance Agency ’s move to count positive rental history in Fannie Mae ’s underwriting process. Advocates for affordable housing cheered the move. Advocates for affordable housing said the change was an important step forward to expand sustainable homeownership.

Loan Officers 410

Loan Officers Mortgage Insurance Lending 410

Will Springer Realtor

DECEMBER 13, 2022

Housing demand significantly cooled, first in U.S. What followed was a consumer public unwilling – or unable – to qualify for mortgages with interest rates more than double from the start of the year. households that could afford a modest $400,000 mortgage – about the amount required to purchase a median-priced home in the U.S.

Real Estate 36

Real Estate Buyers Construction Sellers 36

Housing Wire

MAY 25, 2022

The most affordable manufactured homes are financed with private loans with higher interest rates, shorter terms and fewer consumer protections than mortgage loans. That’s despite being ordered by Congress, in the aftermath of the Great Recession, to specifically serve manufactured housing. That means the 17.5

Finance 393

Finance Supply Chain Tenants Real Estate 393

Will Springer Realtor

APRIL 11, 2022

Many people today already rely on public bus service, an increasing number of bike lanes, the uptick in electric scooters and our love of rideshares, making demand for vehicle parking far less necesary in urban areas. One-size-fits-all parking requirements can lead to excess land dedicated to parking that might otherwise be used for housing.

Construction 36

Construction Development Inventory Buyers 36

Housing Wire

DECEMBER 7, 2020

There is a compelling argument that ending historic economic and racial inequity should start with housing, specifically down payment assistance. Extending sustainable homeownership opportunities to more people of color would not only improve racial equity, it would also be good for economic growth.

Law 491

Law Government Finance Mortgage 491

Will Springer Realtor

AUGUST 9, 2022

There is no one-size-fits-all solution to solving our shortage of affordable homes but one answer that appears to have wider appeal is to aggressively advocate for accessory dwelling units (ADUs) – either attached to a structure or detached (DADU) in a backyard. Housing affordability is one of the greatest challenges we face as a region.

Inventory 36

Inventory Buyers New Listings Construction 36