New App Helps Tenants Eventually Become Home Owners
Divvy, an app-based expense management platform, has secured a $250 million credit facility from Waterfall Asset Management, reported PR News Wire. The Divvy Homes model involves buying homes […]
Residential Real Estate
Gridlock in DC & Volatility on Wall Street Maybe Helping the Housing Market
Traditionally, bad news in Washington DC (i.e. a government shutdown) or volatility on Wall Street (i.e. erratic stock market movements) are bad for the real […]
Renting Homes More Affordable Than Buying in 59 Percent of U.S. Cities
According to ATTOM Data Solutions new 2019 Rental Affordability Report, renting a three-bedroom property in the U.S. is more affordable than buying a median-priced home in […]
Zillow Adds More Markets to its i-Buyer Program Amid Signs of a Downturn
Seattle-based Zillow plans to expand its i-Buyer program, known as Zillow Offers program in Dallas and Houston, TX, Raleigh, NC and Riverside, CA in 2019, according to […]
Home Sales Continue to Drop. Will Prices Follow Suit?
The red hot housing market appears to be something of the past, according to recent home sale figures. The National Association of Realtor’s (NAR) Pending […]
Zillow Says Housing Market to Slowdown in 2019
Real estate marketplace Zillow Group said it expects the home-buying market to continue to slow in 2019, as a continued rise in interest rates hurts […]
FDIC Proposes New Real Estate Appraisal Guidelines
On Nov. 20, the Federal Deposit Insurance Corp. (FDIC), the Office of the Comptroller of the Currency and the Board of Governors of the Federal […]
Results of the 2018 National Association of Realtors Member Profile
In 2018, there was a continued rise in new members of the National Association of REALTORS (NAR), increasing from 1.22 million in March 2017 to […]
Housing Affordability Falls Further in Q3
Housing affordability remained at a 10-year low in the third quarter of 2018, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index. “Continuing home price appreciation […]
The Average Home Buyers Need 7.2 Years to Save a Down Payment
Using the national median incomes and home values of today, buyers these days need an extra year and a half, for 7.2 years total, to […]