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Tag Archives: housing
How will Trump’s presidency affect the housing market?
The question for the mortgage industry is: how will Trump’s presidency affect the housing market? It’s a tricky one to answer. There was a jump in confidence among both consumers and businesses post-election, and the stock market finished 2016 strong. … Continue reading
Real Estate Market is Getting Stronger
Whenever there is talk about an improving housing market, some begin to show concern that we may be headed toward another housing bubble that will be followed by a crash similar to the one we saw last decade. Here are … Continue reading
A Look at the New Lows of Median Income
Of all the indicators describing the not-very-impressive U.S. economic performance of the first decade-and-a-half of the 21st century, the least impressive is probably median household income. It hit an all-time high in 1999 of $57,843 (converted into 2014 dollars), and … Continue reading
Millennial mortgage credit scores increased in June
Housing starts edge higher The overall level of housing starts ticked higher in July, driven by the multi-family sector. Data from the US HUD and the Commerce Department show a 2.1 per cent rise in starts to a seasonally-adjusted annual … Continue reading
(HUD) recently announced the agency is making $2 million in grants available to help low-income families
The U.S. Department of Housing and Urban Development (HUD) recently announced the agency is making $2 million in grants available to help low-income families and young people apply for federal aid for college and other post-secondary educational opportunities. The funding … Continue reading
10 best states to retire rich and stay that way
When contemplating retirement, you might wonder whether there’s enough money in your retirement savings to support you adequately — without having to work during retirement or find some other source of income. The folks at GOBankingRates have been wondering about … Continue reading
Housing Inventory at all time Low
Tight inventory and the highest resale activity in nearly a decade will continue driving home prices up, according to new data from CoreLogic. On Tuesday, the analytics firm released its Home Price Index and HPI Forecast data for May. The … Continue reading
Who made money from the housing collapse?
Two senators taking the lead in housing finance reform made considerable profit betting against the housing market – albeit probably without knowing they were doing so. Sen. Mark Warner (D-Va.) and Sen. Bob Corker (R-Tenn.) are currently the sponsors of … Continue reading
South expected to dominate housing growth
The real estate valuer’s adjusted market report predicts that the impact of the spring buying season has been limited nationally, with quarter-over-quarter growth of 0.6 per cent and regional growth of 0.2 per cent in the West, 0.8 per … Continue reading
Renters Struggle to Pay Rent
In 2015, the demand for rental apartments reached its highest level ever since the 1960s. The pinched access to mortgage credit after the Great Recession is one reason why. Another is that many Americans—especially the poor and people of color—haven’t … Continue reading
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