Big investors evict tenants faster “Instead, it seems like they’re contributing to housing instability in Atlanta, and possibly other places.” One of the nation’s largest firms, American Homes 4 Rent, and HavenBrook have filed eviction notices at 25 percent of the properties they own. “My hope was that these private equity firms would provide a... Read more »
Prosecutor says many sober homes operate illegally “Cash or other form of compensation to sober homes, brokers, marketers or patients, either offered or accepted, in return for the referral of patients to a treatment facility or recovery residence, is illegal.” Johnson’s statement was cheered by John Lehman, president of the Florida Association of Recovery Residences... Read more »
That puts more money in the fund to protect taxpayers – and it puts more families in homes so they can live out the American dream.” While Brown thanked the FHA and Department of Housing and Urban Development (HUD) for the premium cut, he suggested one other change to “better achieve FHA’s mission” of serving... Read more »
Best Mortgage Broker In Broward Long-term mortgage rates fall, break 9-week rise Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans declined to an average 4.20 percent from 4.32 percent last week. This week, bond prices recovered and the yield on the benchmark 10-year Treasury bond fell to 2.44 percent Wednesday from... Read more »
“And I think that will open up more product for first-time homebuyers … in the next couple of years.” Taylor says less stringent regulations on lenders might lower the costs of compliance and allow more small community banks to compete with big banks, “boosting bank profits – all of which are likely to increase credit... Read more »
South Florida Homes and Home Offices For those considering purchase of South Florida homes, trends suggest that having a home office is not as popular as it once was. According to findings in recent studies as published in RealtorMag, developers are increasingly moving to create open spaces as fewer home buyers demand home offices. Data... Read more »
Floridians’ confidence soars in Dec With more than one in five people in the U.S. expected to be 65 or older – one in three households headed by someone in that age group by 2035 – the population growth of older adults is increasing the need for a greater inventory of affordable and accessible housing,... Read more »
Older adults face housing troubles With more than one in five people in the U.S. expected to be 65 or older – one in three households headed by someone in that age group by 2035 – the population growth of older adults is increasing the need for a greater inventory of affordable and accessible housing,... Read more »
Economists expect strong 2017 but with wild cards The economy is projected to grow at a 2.3 percent annual rate in 2017, up from an estimated 1.6 percent this year, according to the average forecast of 53 economists surveyed earlier this month by Blue Chip Economic Indicators. The U.S. economy is expected to strengthen next... Read more »