Real Estate

Real estate development, sales, and market trends.

ARTICLES

  • [Pulse] How real estate agents and mortgage lenders can use Instagram to boost their business

    Why doing it for the 'Gram can be good for your bottom line
    Instagram boasts a whopping 1 billion users, with 500 million of them logging into the platform every day. The hashtag #realestate has been used on 26 million posts, and that’s merely one of endless hashtag options. So what does this tell us? For real estate agents and mortgage lenders, Instagram has the potential to be an incredibly lucrative platform for building an engaged audience and attracting new customers.
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  • Trump’s housing-finance plan aims to curb GSE lending in areas with rent control

    “This is the Trump administration against the blue states,” says Raymond James analyst
    Buckle your seatbelts, California. You may be in for another showdown with the Trump administration. One of the proposals buried in Treasury’s housing-finance plan was: curbing Fannie Mae and Freddie Mac multifamily lending in areas that adopt rent control. “The lesson I've had through observing the Trump administration is: They tell you in advance what they are going to do and they more often than not follow through,” a Raymond James analyst said.
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  • Homeownership investment startup Landed launches in Portland

    Company expanded its services to Hawaii earlier this year
    Public school teachers and faculty in the Portland area may be eligible to have half of the down payment on a home paid for them, thanks to the recent partnership of Landed and Multnomah County. The startup pays half of the standard down payment (up to $120,000), in exchange for a return on its investment: 25% of the appreciation gain when the property is sold.
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  • HUD watchdog clears Carson in $31,000 furniture fiasco

    Report shows Mrs. Carson guided furniture selection
    Department of Housing and Urban Development Secretary Ben Carson was cleared by HUD's independent watchdog for the order for a $31,000 custom hardwood dining set that was to be installed in his office. Actually, it seems Carson’s wife had more of a hand in picking out the furniture than the secretary himself. And on top of that, the order was canceled after all.
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  • NAHB: Most homeowners now view housing market’s affordability problem as a crisis

    Expert says the crisis is mostly harming the nation's middle- and low-income households
    As housing affordability continues to be a cause of concern for the nation’s homeowners, a report from the National Association of Homebuilders indicates 80% of American households now perceive the problem to be a crisis. Additionally, the company claims that 75% of households report housing affordability to be a problem at both the state and local level.
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  • FHFA moves to curb Fannie Mae, Freddie Mac green loans for multifamily

    Regulator raises lending caps for GSEs but ends the energy-efficiency carve-out
    The federal regulator for Fannie Mae and Freddie Mac announced changes on Friday to tweak its role in the multifamily mortgage market. The FHFA boosted the multifamily lending caps for the nation’s two largest mortgage financiers to $100 million each, but that won’t necessarily increase volume because it also ended the exemption for “green loans” that had swelled the GSEs’ balance sheets. The regulator also announced it was reclassifying loans in some rural areas and high-cost areas as counting toward the GSEs’ affordable housing goals.
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  • California nears statewide rent control

    Legislative bodies approve measure, now awaiting sign-off from Gov. Gavin Newsom
    California is one step away from enacting statewide rent control after the state's two legislative bodies both approved the measure. The bill was approved this week by the California State Senate and the California State Assembly. The bill now moves to the desk of California Gov. Gavin Newsom, who is expected to sign the bill into law.
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  • ATTOM: Foreclosure activity climbs slightly in August, but is still down 24% from last year

    Foreclosure starts increased as well
    Foreclosure activity increased slightly in August, but is still down nearly 25% from last year, according to new data from ATTOM Data Solutions. ATTOM's report shows that there were 53,007 properties with foreclosure filings in August 2019, up 4% from July 2019 but down 24% from a year ago.
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