HUD guidance for Louisiana flood victims likely delayed due to recent shutdown

Date: 18 Feb 2019 / Posted By: admin

HUD guidance for Louisiana flood victims likely delayed due to recent shutdown Nearly 6,000 Louisiana residents who borrowed money from the U.S. Small Business Administration following devastating floods in March and August 2016 are waiting to see if HUD will amend federal rules and open access to

California to build tiny home community for homeless wildfire victims

Date: 18 Feb 2019 / Posted By: admin

California to build tiny home community for homeless wildfire victims When plans for the creation of a tiny home community for the homeless located in Chico, California, were unveiled, many city council members voiced their disdain and indifference. However, the devastation from 2018's Camp Fire ha

Experts: Home equity is key to solving the country's looming retirement crisis

Date: 18 Feb 2019 / Posted By: admin

Experts: Home equity is key to solving the country's looming retirement crisis As Baby Boomers continue to retire en masse without sufficient savings to support their later years, it's become glaringly apparent that the country is on the brink of a retirement crisis. But many older Americans d

Report: Lackluster home sales push inventory growth in January

Date: 18 Feb 2019 / Posted By: admin

Report: Lackluster home sales push inventory growth in January In January, home sales declined for the sixth consecutive month, leading to the largest inventory increase in 10 years, according to the latest RE/MAX National Housing Report. RE/MAX CEO Adam Contos said the winter chill extended to the

It costs more to own a home than to rent one in every U.S. state

Date: 18 Feb 2019 / Posted By: admin

It costs more to own a home than to rent one in every U.S. state While previous articles have declared that the number of markets where it's cheaper to buy than to rent is decreasing, this one says it's plain non-existent. Using data from the U.S. Census Bureau's most recent American Community Surv

Are zero-energy homes the new wave in housing?

Date: 15 Feb 2019 / Posted By: admin

Are zero-energy homes the new wave in housing? Americans are making an effort to be more environmentally cautious, especially in the wake of natural disasters that have ravished local communities across the country. This is especially so for De Young Properties, which has set a precedent that could

Former Fannie Mae employee found guilty of making millions on shady foreclosure sales

Date: 15 Feb 2019 / Posted By: admin

Former Fannie Mae employee found guilty of making millions on shady foreclosure sales A former Fannie Mae employee is now facing 40 years in prison after being found guilty of accepting millions of dollars in bribes and kickbacks in exchange for selling Fannie Mae-owned foreclosures for less than m

As housing markets around the nation weaken, Atlanta thrives

Date: 15 Feb 2019 / Posted By: admin

As housing markets around the nation weaken, Atlanta thrives While metros across the country weaken in the wake of a housing market slowdown, the city of Atlanta is thriving, according to new data from Redfin. Redfin CEO Glenn Kelman said Atlanta is probably the nation’s hottest large housing mar

Only half of houses for sale are affordable for the average buyer

Date: 15 Feb 2019 / Posted By: admin

Only half of houses for sale are affordable for the average buyer Housing affordability continues to hover near a 10-year low, and the National Association of Home Builders is urging policymakers to do something about it. Of the homes sold in Q4, just 56.6% were affordable for those earning the cou

Here's a compelling reason to take a reverse mortgage ahead of retirement

Date: 15 Feb 2019 / Posted By: admin

Here's a compelling reason to take a reverse mortgage ahead of retirement A reverse mortgage isn't a good fit for everyone, but for older homeowners with sizable equity and no intention of moving, the loan can make sense. And here's one compelling reason why: When a homeowner over the age of 6