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As home prices rise and property taxes and insurance bills soar, it’s become ever more difficult to age in place,” the article stated. “As That has created incentives for both retirees who want to stay in their homes and domicile seekers who need affordable places to rent,” the article stated.
This is according to an article published by the Federal Reserve Bank of Minneapolis , citing data from S&P Global showing as much as a 34% increase in homeowner’s insurance premiums nationwide over a period of seven years. “At In Florida , it’s hurricanes,” the article explained. “In
Cost and efficiency potential Earlier this year, an article in Smithsonian Magazine took a closer look at the potential for 3D-printed homes. The opportunity is there, the article explained, as the speed of the technology outpaces traditional methods and costs are beginning to fall.
This pattern among seniors living in and around Fort Lauderdale was recently profiled in an article in the South Florida Sun Sentinel. employed in Fort Lauderdale,” the article stated. As the cost of living remains elevated, more seniors — even those in “senior strongholds” like South Florida — are choosing to return to work.
Describing reverse mortgages as originating in 1961 before coming to greater prominence through the establishment of the HECM program during the Reagan administration, one of two recent NAR articles dealing with reverse mortgage-related subject matter stated that home sales and purchases are becoming a more common topic within HECM circles.
A group of academics at Japans Chiba University aimed to find out just how receptive older populations in three countries would be to the idea of robots providing in-home care services, according to an article from Robotics and Automation News based on a study in the journal Nature. There are other aspects that the study aimed to account for.
This is according to an article published by Kiplinger , which took a closer look at the dynamics associated with the cost of living, and the kinds of renovations needed needed to facilitate aging in place versus another arrangement. Financing these improvements can be an obstacle too.
Code of ethics changes In addition to voting on membership dues, NAR’s board of directors also voted to amend Article 4 of the trade group’s code of ethics, in an attempt to clarify Realtors’ obligations when they have ownership interest in a property. represent themselves 2. represent a member of their immediate family 3.
On Twitter today, the Minneapolis Fed tweeted out a quote from one of their recent articles : “9th District apartment construction is expected to slow down soon as number of construction permits sought by developers fall. Twin Cities has seen the worst decline while some cities in Greater MN, MT, and SD fare better.”
Health care information and caregiving marketplace website Care.com published an article that examines several practical ways that someone could choose to finance their long-term care (LTC) goals. The loan can be paid out in monthly installments or as one lump sum, the article explained.
This is according to a recent article at the Boston Globe that took a closer look at the kinds of homes that those currently in their mid-to-late 50s may want to prioritize as they look to the future.
This rising chorus includes The New York Times, which recently published an article titled, “ The $25 Trillion System of Retirement Savings Needs Fixing. ” The first path to creating a more accessible and equitable system, the article argues, is to expand 401(k) coverage. of deferrals went to the bottom 40% of earners.
The Boston 25 News article quotes a real estate attorney not connected with the firm, Richard Vetstein, a principal of Vetstein Law Group in Framingham, who speculated that the shutdown could be due to embezzlement of escrow funds. As the article notes, no one has been accused of a crime at this time.
Check out The CE Shop Related articles The CE Shop Review: Features, pricing and pros & cons The best online real estate school for every learning style & budget The next official step is to take the exam, but don’t forget to complete some practice exams first! After agents have partnered with a brokerage, it’s time to get to work.
Product Fast Facts #1 ChatUWM uses generative AI technology to comprehend user prompts, process their meanings and generate accurate responses to their needs #2 ChatUWM utilizes UWM’s knowledge base, The Source, giving it the ability to provide users with full articles or pages where information was pulled from #3 Over the last 6 months, ChatUWM (..)
This is according to Sandra Block, a personal finance editor at Kiplinger , in an article about navigating retirement hurdles and the considerations that go into later-life spending. Seniors often use proceeds from the sale of their homes to pay for care in an assisted-living facility or nursing home,” the article reads. “If
To help, we curated a list of the best real estate coaches for 2025: Related article The best real estate coaching programs for 2025 Find riches in the niches Choosing the right niche early is another key decision that can mean the difference between struggling and thriving in real estate. Want to avoid the cringe on your first few calls?
Increases in inflation and the cost of living can overwhelm those living on a fixed income, according to an article published this week in USA Today. “Retirement researchers warn that mortgage debt in retirement can be a trap,” the article explained.
This article introduces a three-part series that will highlight some of the risks associated these market movements and explore how legal counsel can add value by creating safeguards, mitigating risk, yet still move the deal forward creating a balance where counsel is a “deal maker”, not a “deal breaker” except when absolutely necessary.
But these desires could clash with a reality that many communities across the country simply dont have the resources to support seniors, according to a recent article from HomeCare. In December, AARP published its 2024 Home and Community Preferences Survey.
On Monday, Ocwen filed articles of amendment to its articles of incorporation in Florida, which is the first step to formally change the name, effective June 10. Starting that day, the company will begin trading on the New York Stock Exchange (NYSE) under its new ticker symbol, “ONIT.”
In this article, we’ve gathered 30 real estate text message scripts designed to help you connect with leads, nurture relationships, and get more deals to the closing table this coming year. Script 13: Send an article or resource Hi [Name], I just came across this article about [Topic] and thought it might be helpful for you.
An article written by an Atlanta -based certified financial planner and published Tuesday by Forbes indicates that retirement may not be as difficult as many Americans think. The Forbes article included a chart that shows the required annual savings needed to achieve the $1.25
The article noted that the growing senior population in the U.S. Seniors often use proceeds from the sale of their homes to pay for care in an assisted-living facility or nursing home,” the article stated. “If A personal finance editor at Kiplinger made the same argument this week, noting the ample levels of U.S.
Mohtashami’s latest articles and podcasts on HousingWire include: New listings take a hit, possibly due to higher mortgage rates Should we expect more Fed rate hikes? Using weekly data from Altos Research , Mohtashami showed that new listings have been trending at their lowest levels in history for the past 12 months.
One of the first articles HousingWire Lead Analyst Logan Mohtashami wrote this year was titled, “The savagely unhealthy housing market is over.” Open the door to the most powerful room in housing. Join us at The Gathering 2025 in Denver, CO, June 8-11. Go here to lock in special pricing with your registration. That was back in February.
In my last article, I touched on three of the challenges we had to overcome to achieve our growth goals. In the next article, I will outline the specific actions we took and how I was able to leverage resources like RealTrends , HousingWire, and The Gathering to learn needed skills and network with some of the best people in the industry.
This article was reposted with permission from Ramsey Solutions. The article originally appeared on the Ramsey Solutions Articles page. See original article here. Its full of super helpful articles, guides and calculatorsbasically everything you need to make confident decisions and reach your home goals.
That day, I wrote an article about how bad the home sales data was getting due to the affordability hit and that existing home sales should get down toward 4 million and below. This article shows the historical change in one of the craziest housing periods ever recorded. That is the next step of this process.
Daily, my inbox contains another article regurgitating the same tired rhetoric about the real estate lawsuits and the (proposed) settlements. Invariably, these same articles classify all real estate brokerages and models as identical. As I discussed in detail in an article published in April , this method of analysis is deeply flawed.
The problem is not isolated to those who may already have insecure financial footing, the article said. “[E]ven But there’s no safety net,” the man said in the article. “If E]ven those who have amassed at least $1 million are also worried that one major health issue could bankrupt them,” it reads. “In
Related articles Real estate broker vs. an agent? Related article The best real estate coaching programs for 2025 3. Related article 11 iconic real estate logos + Tips to design (or refine) yours 5. Related article Recruiting real estate agents: A complete roadmap for 2025 6. The terms used vary by state.
In this article, we’ll review Offrs’ suite of products designed to help agents laser-focus their marketing efforts on leads with the most potential and automate processes. Offrs does the bulk of the work for you and as an agent, you get to jump in when leads have been pinpointed and then qualified, saving you time, energy, and money.
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This is the final article in Ernie Durbin’s three-part series on the new UAD. The first article on April 15, 2024, was “ From Forms to Reports: A Look at the UAD Overhaul. ” The second article on July 15, 2024, was “ The New UAD: Don’t Borrow Trouble. How will lenders order appraisals without standard form numbers?
Check out Curb Hero Check out the article below for a list of more real estate apps and digital tools that’ll sync with your database and help with open house lead follow- Related articles Best real estate apps for agents in 2024 2. Related articles 30 inspiring curb appeal ideas to make a lasting first impression 3.
It’s been a while since I’ve written an article. So, first of all, thank you for being here to read articles from my blog! As I mentioned at the start of this article, many times, the price per square foot for below-ground finished square footage is different from what above-grade finished square footage can demand from the market.
Our tracker articles have a lot more details about the current weekly market and we publish those each Saturday. However, the main point of this article is to make sure we all know we are working from the lowest sales levels ever when adjusting to the workforce, and we have good demographics in 2024. from December 2022 ($366,500).
UWM claims that the Hunterbrook Media article, with “obvious connections” to Rocket Mortgage, has an author “pretending to be a ‘journalist’” who worked at a Rocket Mortgage-affiliated broker for the last five years—including while working on the report—, leaving only two months ago. He left in February.
I talked a lot about mortgage rates in the most recent tracker article , and I discussed what can take us even lower after the massive move we have seen. And this has all happened before the Fed has even cut rates — the bond market got ahead of the Fed and has priced in a lot of Fed easing on the 10-year and 2-year yields as well.
In that article, NAR said its April membership figures “allayed fears that membership would decline more than expected as a result of organizational changes or the pending class-action litigation settlement. “NAR will continue to report its membership rates directly to our members on a regular basis,“ a spokesman told HousingWire.
In 2021, HousingWire published an article spotlighting Austin as one of the hottest housing markets in the country. As noted in that article, Austin had ranked No. The Texas capital was a COVID-era darling, but the city had been attracting employers and homebuyers well before the pandemic.
However, available inventory of homes for sale is on the rise in late September, a very unusual trend for the season, Altos Research’s Mike Simonsen noted in a HousingWire article this week. It is giving buyers a little more leeway and allow them to chose from a larger selection of homes.
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