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What’s Up With Housing?

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The bill working its way through Congress has “significant improvements,” including a commitment to protect current owners from substantial rate increases.
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For the sixth consecutive month, May home prices venture into record territory.
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The CFPB recently loosened rules, and agents now have easier access to the closing disclosure providing certain private information is removed. However now, as before, the lenders decide how to handle it.
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According to Bankrate’s latest Financial Security Index Poll, Americans who have money to set aside for the next 10 years would rather invest in real estate than any other type of investment.
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For the second time in six weeks, a company connected to the same lawyer stood poised to profit from a Pinellas County foreclosure auction that confused even experienced real estate investors.
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It’s cheaper to rent than own a home in 11 states, but Florida’s average monthly rent, $1,543, is still higher than the cost of an average monthly mortgage: $1,376.


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Housing News: A Week In Review

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Purchaser & Builder Final ChecklistApril is ‪‎New Homes Month‬!  Here’s a checklist for you & your builder to do the final inspection on your new home.

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Millennials' Approach to Home-buyingMillennials are informed by a somewhat less romantic notion of the home buying process–an appetite for buying as an investment, and flipping. Since many millennials are delaying marriage, they’re often buying–with their boyfriends and girlfriends rather than spouses–for the here-and-now utility of the American Dream.
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FARInman study asked real estate pros why they recommend a particular lender, the type of lenders they prefer, and which behaviors put a lender in the penalty box.

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Best Long-Term Investment? Americans Said Real EstateBest Long-Term Investment? Americans Said Real Estate for 2nd Straight Year.

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