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HUD Awards $28 Billion for Disaster Recovery

Natural disasters caused a record $306 billion in damages to the United States in 2017, according to the National Oceanic and Atmospheric Administration. With the next hurricane season fast approaching, the United States Department of Housing and Urban Development on ...

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Serious Delinquencies Still Elevated in Hurricane-Impacted Markets

The effects of last year’s major natural disasters, including hurricanes and wildfires, have been evident in the housing market in recent months. Disaster-related early mortgage delinquencies have progressed into serious delinquencies in affected markets, according to CoreLogic’s Loan Performance Insights report, ...

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Which States Are Best for Millennials?

homebuyers

Determining the best states for millennials to live in is not as straightforward as it might at first seem, but signs do point toward the upper Midwest. So says a new report from WalletHub that looks at where being a ...

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Combating Housing Shortages With Backyard Homes

Proposals to help address California’s housing crisis—such as allowing more housing closer to busy transit hubs—are sometimes met with refrains of “not in my backyard!” However, Los Angeles aims to combat the housing shortages by looking exactly there—in residents’ backyards. ...

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Is Housing Ready for a Rebound?

home builders

According to the latest LegalShield Law Index, the housing market may be poised for a significant rebound, but factors such as the recent trade tariffs imposed by President Trump could complicate things. Released monthly, the LegalShield Law Index tracks factors ...

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Fewer Renters Planning to Buy a Home

homebuyers

Amid heightened concern for housing affordability and overall rental satisfaction, renting has become increasingly favored among some segments of the population in the United States. Among renters, 67 percent say they believe renting is currently more affordable than owning a ...

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How Did Refis Impact the 2008 Financial Crisis?

While there is still debate about the various factors that contributed to the 2008 financial crisis and the collapse of the housing market, a new paper by the Urban Institute suggests that the poor performance of cash-out refinances, and refinances in ...

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Single-Family Rental: Opportunities and Growth

non-owner-occupied

Beth O’Brien is President and CEO of CoreVest Finance, a private lender to residential real estate investors. Under O’Brien’s leadership, CoreVest has closed $3 billion in loans in the investor loan market and has financed more than 20,000 investment properties. ...

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The Week Ahead: Examining the State of the Housing Market

On Tuesday, April 10, at 1 p.m. EST, Carrington Mortgage Holdings, LLC, will present a new webinar about "The State of the U.S. Housing Market." Rick Sharga, EVP, Carrington Mortgage Holdings, will host the webinar. During the hour-long presentation, Sharga will ...

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Major Metros Still Exhibiting Pockets of Affordability

urban

With home prices rising in most major metros across the United States for the past decades—in some cases posting double-digit gains year-over-year—the American Dream of homeownership may begin to feel elusive. However, Unison, a homeownership investment firm, maintains there are ...

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