Lawmakers in Youngstown, Ohio, are fighting foreclosures in the city by adopting a new law that requires foreclosing firms to post a $10,000 bond on each property to ensure its upkeep.
Lawmakers in Youngstown, Ohio, are fighting foreclosures in the city by adopting a new law that requires foreclosing firms to post a $10,000 bond on each property to ensure its upkeep.
Gov. Gretchen Whitmer took a big step toward clearing the path for developers to build smaller apartment buildings more affordably. Whitmer signed Michigan’s single-stair legislation into law this week, a green light for developers to build multifamily housing up to six stories more economically, with a single interior exit stairway. Michigan housing advocates say the […]
Mortgage lock-in is increasingly shifting homeowners into accidental landlord roles as selling becomes less viable. Data show 30-year rates at 6.43% and FHFA estimates lock-in prevented 1.33 million sales from 2022 Q2 to 2023 Q4.