Colorado Springs the Top Market for Homebuyers Likely to Move in Q3 2017 According to ATTOM Data Solutions Pre-Mover Index
Other Hot Pre-Mover Markets Include Chicago, DC, Reno, Tampa, Jacksonville, Charleston; Top Investor Pre-Mover Markets Include Counties in Memphis, Kansas City, Birmingham ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its Q2 2017 Pre-Mover Housing Index, which shows that the markets with the highest pre-mover indices during the second quarter.. Read More
Salary needed to buy a home in the GTA: 2017
Back in the early 90’s, the song “If I had a million dollars” hit the airwaves. In the four-minute single, musician Steven Page lists out the ways he’d splurge all that money to win over his sweetheart – from buying a house, car, outdoor fort and even a pet llama. Fast forward to today and.. Read More
Fed’s Powell says current US housing finance system ‘unsustainable’
The US housing finance system is putting taxpayers at risk, in a market dominated by government-backed agencies, according to Federal Reserve Governor Jerome Powell. systemic risk in housing remains given the concentration of mortgages in the duopoly of Fannie Mae and Freddie Mac, he said. The U.S. housing finance system continues to put taxpayers at.. Read More
Latest Mortgage Scam: Owners Pose as Renters
A new mortgage fraud scheme is taking a reverse approach to traditional occupancy scams. In the past, prospective investors have claimed they intend to take owner occupancy. Then, they are able to qualify for a better interest rate, lower fees, a smaller down payment, or higher loan amount than if they applied for a mortgage.. Read More
Big Business wants to kill CFPB’s anti-arbitration rule. Here’s the game plan.
What the U.S. Supreme Court took away from consumers in its pro-arbitration decisions in AT&T Mobility v. Concepcion and American Express v. Italian Colors, the Consumer Financial Protection Board intends to give back. On Wednesday, the CFPB announced a proposal to prohibit financial services companies from imposing mandatory arbitration clauses that bar consumer class actions… Read More
Cost of Constructing a Home
The National Association of Home Builders, or NAHB, periodically conducts surveys to collect information from national home builders about construction costs and the elements that go into the price of single-family new construction. The last NAHB construction cost survey, taken in 2019, reflects essential information that the home building industry often considers when looking at.. Read More
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