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Mobile home values rose 34% in the last 5 years

Housing Wire

Key findings of the study show: On a national scale, the median value of a mobile home is $61,400 to $220,000 less than that of a single-family home, although median mobile home values increased by an average of 34.58% from 2016 to 2021. Only in these states are median mobile home values more than $100,000.

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Invest in real estate, not the stock market

Housing Wire

Investing in real estate. The high demand created a competitive market, but also a successful investment environment for real estate enthusiasts. Don’t Wait To Invest In Real Estate. However, even individuals that purchased homes in 2020 have seen an increase in home value after just one year of homeownership.

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Ranking the Top States and Cities for Homebuyers 

Appraisal Buzz

For prospective homebuyers seeking locations with a promising return on investment, the ConsumerAffairs research team analyzed data across 477 U.S. The Best States for Homebuyers in 2024 ConsumerAffairs analysis ranks states with strong market resilience, potential for value appreciation, and affordability.

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Home Seller Profit Margins Slip for Second Consecutive Year

Appraisal Buzz

Home Sales Report , which shows that home sellers made a $122,500 profit on typical sales nationwide in 2024, generating a 53.8% return-on-investment (ROI). But even as both measures remained near record levels, and home prices kept rising around the country, the profit margin on median-priced sales nationwide decreased from 56.9%

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CFPB warns consumers about home equity contracts, comparing their features to reverse mortgages

Housing Wire

The Consumer Financial Protection Bureau (CFPB) this month published an issue spotlight that takes a closer look at home equity contracts, or what the industry refers to as home equity investments (HEIs) that offer a lump sum payment to clients in exchange for a stake in their home equity.

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Hometap reaches $1B in home equity investments 

Housing Wire

Boston-based fintech company Hometap has deployed more than $1 billion in home equity investment (HEI) products since its launch in 2017, the company announced on Tuesday. In May 2023 , Hometap launched an online portal called the Home Equity Dashboard. The borrower is not required to repay the loan via monthly installments.

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Opinion: Pass the Neighborhood Homes Investment Act

Housing Wire

The Neighborhood Homes Investment Act (Neighborhood Homes) would begin addressing these challenges by developing or renovating 125,000 affordable homes in economically distressed communities. Neighborhood Homes is part of a concerted strategy that will benefit the entire nation.

Investing 476