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California Realtors discuss post-wildfire changes in Black neighborhoods

Housing Wire

Kalin also recommended that agents help their clients consider the time and cost of rebuilding , homeowners insurance proceeds, temporary housing expenses, and the benefits of selling for cash value versus rebuilding. Landlords cannot raise rents by more than 10% until then.

Realtors 360
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Opinion: Many mission-based landlords are at a breaking point

Housing Wire

Insurance premiums are up 27.7% Largely nonprofits, mission-based landlords provide affordable housing as a tool for systemic change, including advancing racial equity, reducing economic disparities, and strengthening community resiliency. Most importantly, mission-based landlords are committed to keep residents housed.

Landlords 434
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HUD Streamlines Affordable Housing Regulations

Appraisal Buzz

For more than 30 years, HOME has provided funding to build new homes, assist home buyers, and provide rental assistance. It will also provide incentives for energy efficiency and green building standards, expected to result in lower utility and insurance costs for homeowners. million homes have been completed through HOME funding.

Tenants 349
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Real estate investors have a ‘cautiously optimistic’ outlook: survey

Housing Wire

Single-family rental (SFR) investors are worried about the rising cost of home insurance, but the majority expect to buy more properties in the next year as mortgage rates cool and home-price growth subsides. That’s the conclusion from a survey of 235 single-family landlords in late June and early July. S&P Global found that U.S.

Investors 459
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Zillow to list housing discrimination protections

Housing Wire

The app also lists any local laws protecting renters who use veteran’s benefits or Social Security insurance payments to pay their rent. Still, federal law does not prevent landlords from rejecting all housing vouchers. Today, both sellers and buyers expect to handle a majority of the process online.

Landlords 488
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Top LO Ben Cohen thinks first time buyers will return to the housing market this year

Housing Wire

Going from a volatile rate environment in the latter half of 2022 to a market with lower, more stabilized rates, there’s optimism spreading across the industry that buyers will come back. I really think until we see inventory move in our favor, it’s still going to be a tough market for a buyer. How does my payment look?

Buyers 418
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Homebuyer assistance programs rose to nearly 2,300 in 2023

Housing Wire

Manufactured housing has a lower entry point than other types of homes and is helping many buyers to get their foot in the door, the report noted. A growing number of nonbank mortgage lenders have recently rolled out down payment assistance (DPA) programs to increase their origination share in a challenging mortgage environment.

Landlords 518