The housing market is starting to break free from the chokehold of high mortgage rates, and a wave of potential sellers could bring on more inventory to supply-starved buyers in the coming years, according to Zillow.
Tuesday, January 16, 2024
Monday, December 19, 2022
FHA Announces Pandemic Aid For Seniors With HECMs
The Federal Housing Administration (FHA) recently announced new "flexibilities" to help senior homeowners with FHA-insured Home Equity Conversion Mortgages (HECMs) who are behind on required property charge payments due to effects of the COVID-19 pandemic.
Read more...
https://nationalmortgageprofessional.com/news/fha-announces-pandemic-aid-seniors-hecms
Friday, December 16, 2022
FHA Now Allows 'Double-Dipping' On Loans
The Federal Housing Administration on Thursday announced a rule change that will allow individuals to serve as both the real estate agent and mortgage loan originator for FHA-insured home sales.
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Thursday, December 8, 2022
Genius Ways To Earn Real Estate Passive Income
One of the most common investment strategies is passive investing. Done correctly, once the initial due diligence is done, an investor will not have to devote large amounts of valuable time to tend to their portfolio positions. Others do the day-to-day work while the passive investor collects the proceeds as their reward for providing capital.
Read more...
https://seekingalpha.com/article/4562595-genius-ways-to-earn-real-estate-passive-income
Friday, July 8, 2022
Scottsdale’s affordable housing situation is worst in metro Phoenix, new study shows
Scottsdale's housing shortage may be far worse than city figures suggest, with thousands fewer units coming down the chute than was estimated and the city's workforce being priced out of the market faster than anywhere else in the Valley, according to a recently released analysis.
The study from Elliott D. Pollack and Company — a local real estate and economic consulting firm — was presented at the Scottsdale City Council meeting on Wednesday. It was commissioned by a pro-development group called Home Arizona, and used estimated median salaries in the metro area to gauge affordability.
The study from Elliott D. Pollack and Company — a local real estate and economic consulting firm — was presented at the Scottsdale City Council meeting on Wednesday. It was commissioned by a pro-development group called Home Arizona, and used estimated median salaries in the metro area to gauge affordability.
Read more:
Tuesday, July 5, 2022
The Phoenix real estate market: Stats and trends for 2022
Real estate investors are purchasing more homes in Phoenix than in any of the other top 30 markets in the U.S., due to the metro area's double-digit rent growth and high price-to-rent ratio.1
Wednesday, April 13, 2022
When Will the GSEs Exit Conservatorship?
It has been 14 years since Freddie Mac and Fannie Mae were put under full operational control of the Federal Housing Finance Agency (FHFA) at the height of the financial crisis in September 2008. At the time, then-Treasury Secretary Henry Paulson called the move a "timeout" reflecting the temporary nature of the move.
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