Rental payment history is indicative of future mortgage loan performance and should be considered when individuals apply for mortgage loans, according to new research from the Urban Institute. “Access to mortgage credit remains overly tight in part because we are ...
Read More »Debt and Regret Among Some Homebuyers
Purchasing a home is unquestionably one of the biggest expenditures most consumers will make in a lifetime. It’s exciting, it’s nerve-wracking, it’s fraught with decisions. And when you finally find the “perfect” space to call your own, it’s also nearly ...
Read More »Examining Housing Inequality
It has been five decades since President Lyndon B. Johnson signed the Fair Housing Act into law, one week after the assassination of Martin Luther King, Jr. In honor of the anniversary, Trulia partnered with the National Fair Housing Alliance ...
Read More »The Real-World Impact of Home Prices
Mounting housing costs are taking their toll on quality of life in Los Angeles, causing more than half of residents to worry they may have to move, according to a new study from the University of California Los Angeles. About ...
Read More »The Enthusiasm Gap: Why Homeowners Aren’t Eager to Sell
The latest report from Redfin shows that home sale prices in March were still on the way up—they were 9 percent higher than a year ago, closing the month at a median $297,000 nationally. But homes for sale were down ...
Read More »Putting Abandoned Properties Under the Spotlight
Ever since the Washington Supreme Court’s decision in the Jordan v. NationStar case, loan servicers have been on edge about securing abandoned property. House Bill 2057 seeks to address this, and several other pressing issues. Most of the bill's sections ...
Read More »A New Tactic to Fight Zombie Homes
This June, Washington state will implement a new law (HB2057) designed to combat abandoned zombie properties and streamline interactions between government and lenders when it comes to preventing urban blight as the properties fall into disrepair. As reported by the ...
Read More »For U.S. Housing, When Will Familiar Trends Shift?
The one thing steady about the U.S. housing market post-Q1 is that it continues to be defined by a dynamic that almost sounds like it's stuck on repeat: historically low inventory is driving fewer sales and rising prices in most ...
Read More »The Single-Family Rental Surge
With skyrocketing home prices, insufficient housing inventory, and crippling student debt, many potential homebuyers simply don’t have the means to save up for a downpayment on a home. For many, that leaves rental as the only option, and a pair ...
Read More »House Bill Would Streamline Volcker Rule
The push to streamline reforms put in place after the financial crisis continues as the House of Representatives has passed a new bill that would streamline the Volcker Rule. Implemented as part of the larger Dodd-Frank Wall Street Reform and ...
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