WA zoning law changes will exempt some wealthier areas
A Washington state bill recently passed by both houses of the legislature would remove zoning restrictions on certain types of multifamily properties, called “moderate housing,” in areas zoned for single-family housing. The changes to the restrictions come amid a statewide housing supply shortfall. However, neighborhoods with associations or other “common interest communities” with legally binding […]
Mike Darnay on how lenders can use credit to improve profitability
Executive Conversations is a HousingWire web series that profiles the powerful people in the financial industry, uncovering the operations and people who make this sector tick. In the latest installment, we sit down with Mike Darnay, Vice President of Marketing creditexpertTo discuss how lenders can use debt to increase affordability and profitability. HousingWire: How Much […]
Annual home-price growth cooled further in February
Home price growth cooled further in February, falling to an annual rate of growth of 2.0% S&P CoreLogic Case-Shiller National Home Price Index, released on Tuesday. The annual growth rate in January was 3.7%. The national index came in at a reading of 293.17 in February. On a month-to-month basis, the index was up 0.2% […]
Is Savannah, Georgia a Good Place to Live?
Lives in Savannah, GA Offers many opportunities to explore beautiful architecture, rich culture and delicious cuisine. Savannah also ranks as the top metro in the United States. fastest growing sales value, which can be beneficial for building long-term equity. However, like any city, there are challenges such as humidity, storms, traffic, hordes of tourists, and […]
Karan Kaul plans to prioritize affordability for low-income buyers
rocket central New Vice President of Public Policy, Karan Kaul, plans to prioritize home ownership opportunities for first-time home buyers, families of color, and low- and middle-income families who have historically found it difficult to obtain mortgage loans Has gone. Thus, Rocket will continue to offer its special purpose credit programs that help first-time home […]
The New Home Sales That Prove Wall Street Was Wrong
The chart below shows the number of active listings since 1982: The people who told you the demographics in America are terrible and we resemble Japan were drinking some mighty saki. For years, people said that slowing US population growth would mean we’d become Japan, but I’ve focused on the demographics and how that will […]
Will investors with high credit scores pay more now? What the new mortgage rules really mean
in this article There has been much alarm in the real estate investment community over a recently enacted Federal Housing Finance Agency rule made for Fannie Mae and Freddie Mac loans regarding mortgage fees. The gist of the complaint is that home buyers with good credit will now have to subsidize those with bad credit. […]
CFPB, DOJ warn AI advances are not an excuse to break the law
representatives of federal enforcement and regulatory agencies, including consumer financial protection bureau (CFPB), Department of Justice (DOJ), federal trade commission (FTC) and equal employment opportunity commission (EEOC) are warning that the emergence of artificial intelligence (AI) technology does not give license to break existing laws related to civil rights, fair competition, consumer protection and equal […]
How to become a property manager in 7 easy steps
In my 28 year real estate career as a broker and coach, I have worked with many agents who have asked about adding property management to their existing business or becoming a full time property manager. Property management looks easy from the outside. Work with real estate investors to help them sell and lease their […]
Grow Your Market Using These Three Simple Rules
Before launching your next direct mail marketing campaign, add these rules to your list of MUST-DO’s. Rule #1 Provide a compelling call-to-action Retailers have an easier time using “calls to action”. Percentage discounts, free shipping, or buy one, get one free are all popular examples. However, what about real estate agents? What type of call-to-action […]
