...Moon that a private money lender’s settlement agreement with its defaulting borrowers violated California’s usury laws by including a provision for interest at a higher rate than that allowed by...
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Annual Home Price Growth Falls to 10-Year Low
...8.9% year-over-year increase. Ten states recorded annual losses: Washington (-7.4%), Idaho (-3.6%), Nevada (-3.5%), Utah (-3.4%), California (-3%), Montana (-2.3%), Oregon (-2%), Colorado (-1%), Arizona (-0.9%) and New York (-0.6%)....
Read More »Mortgage Rates Remain Relatively Steep Compared to Record Lows
...the national average on their payments each month. Relative to income, mortgage payments are highest in Hawaii, Montana, and California. In Hawaii and California—two states where payments are over $3,000—the...
Read More »Elevated Housing Costs Driving Homebuyers to More Affordable Areas
...Vegas attracts a lot of homebuyers from California, Hawaii, Washington State and other expensive western places,” said Las Vegas Redfin agent Shay Stein. “For most of these buyers, it’s all...
Read More »HUD Awards $15M to Help Seniors Age in Place
...range from $1,250,000 for the Habitat East Bay/Silicon Valley, Inc, neighborhood Housing Services of Los Angeles in California, and Rebuilding Together Twin Cities in Minnesota to renovate 641 units to...
Read More »March Marks 14th Consecutive Month of Slowing Rent Growth
...still $410 (27.2%) higher than four years ago (pre-pandemic). California rent prices on the decline as Midwest picks up speed In March, 14 markets saw year-over-year price declines, including San...
Read More »National Delinquency Rate Drops 15%
...Mississippi: 7.05 % Louisiana: 6.61 % Alabama: 5.13 % West Virginia: 4.55 % Pennsylvania: 4.53 % Bottom 5 states by non-current percentage California: b2.03 % Montana: 1.95 % Idaho: 1.86...
Read More »Nearly $17B Reportedly Lost Annually From Severe Storms
...convective storm activity impacted more than half a million homes in 2022, with Texas, South Carolina, California, South Dakota and Indiana among the top five to suffer damages. In 2022,...
Read More »Home Investor Profits Take a Hit in March
...highest share of the 40 metros Redfin analyzed and more than double the national rate. Phoenix was followed by Las Vegas at 28%; Jacksonville, Florida at 20.9%; Sacramento, California at...
Read More »200,000+ Forced to Move Due to Evictions, Foreclosures in 2022
...in need of a new home they can afford. Regionally, California (+411%), Florida (+187%), and Massachusetts (+105%) saw the highest increase in moves following evictions and foreclosures according to the...
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