Consumer

Real Estate Q&A: What Can Neighbors Do About Hoarder’s Unkempt Home?

October 27th, 2021
TNS—Q: A resident of our community is a hoarder and does not maintain his home. We are concerned that the condition of his home will attract pests and cause other problems. The association’s management company sent him letters, but nothing...

Suburbia Trending as Work-From-Home Options Grow

November 24th, 2021
Suburban housing demand is increasing, according to a new report from realtor.com®, as work-from-home and flexible schedule options become the norm, allowing potential homebuyers to purchase outside their commuting zone. The findings: Share of suburban home shoppers increased 42.1% since...

Real Estate Q&A: How Can I Restore my Credit After Ex-Spouse Skipped Mortgage Payments?

December 7th, 2021
(TNS)—Q: After I was divorced, the court awarded our home to my ex-spouse and ordered him to refinance the mortgage to get me off of it. He has not refinanced the property several years later and pays the mortgage inconsistently,...

New-Home Sales Up in November as Consumer Demand Remains Strong

December 27th, 2021
New-home sales increased in November, driven by strong buyer demand, low existing-home inventory and a predicted increase for mortgage interest rates, according to the latest data from the Commerce Department. Key details: Newly built, single-family home sales in November increased...

HUD Providing Disaster Assistance to Those Affected by Colorado Winds and Fires

January 7th, 2022
The U.S. Department of Housing and Urban Development (HUD) recently announced the implementation of federal disaster assistance for areas in Colorado affected by straight-line winds and wildfires from Dec. 30, 2021, and continuing. On Jan. 1, President Biden issued a...

Mortgage Applications Increased More than 2% Week-Over-Week

January 19th, 2022
The Market Composite Index, a measure of mortgage loan application volume, increased 2.3% on a seasonally adjusted basis during the week ending January 14, 2022, compared with the previous week. On an unadjusted basis, the Index increased 3%, according to the...

Randall Lewis Provides ULI with $10 Million Donation to Promote Sustainability in Real Estate

January 26th, 2022
Real estate executive Randall Lewis has donated $10 million to the Urban Land Institute (ULI), the largest single donation in ULI’s 86-year history to date, to fund the organization’s efforts to make the built environment more sustainable. In honor of...

Cracking the Team Code

February 7th, 2022
Real estate teams are not only changing the face of the real estate landscape, they are defining the future careers of hundreds of thousands of real estate professionals. Findings from a recent National Association of REALTORS® Team Survey noted that...

Fluctuation Vs. Real Change: COVID-19 Two Years Later

February 16th, 2022
The world at large has seen more change, more upheaval over the past two years than at any time since perhaps the 1940s. Two years ago, no one could have anticipated the enormous, world-wide tragedy of the pandemic and resulting...

Mortgage Rates Decrease Slightly

February 25th, 2022
The 30-year fixed-rate mortgage (FRM) averaged 3.89% this week, according to Freddie Mac’s most recent Primary Mortgage Market Survey (PMMS) released Thursday. Key findings: 30-year fixed-rate mortgage averaged 3.89% with an average 0.8 point for the week ending February 24,...
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