Tag Archives: Economy
Affordable housing bills hit California Legislature, but will they pass?
Source: KPCC Radio Especially in today's tight seller's market, homebuyers are looking for any way to get a leg up on the competition when putting in an offer on their desired home. California legislators will consider a towering...
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Renters Now Rule Half of U.S. Cities
Source: National Real Estate Investor Fifty-two of the 100 largest U.S. cities were majority renter in 2015, according to U.S. Census Bureau data. Since 2009, 21 cities had shifted to renter-rule. Renters now dominate in both hot housing...
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Millennials Drive Housing Confidence Higher, Despite Red-Hot Prices
Source: CNBC Both buyers and sellers alike are feeling very good about the housing market this spring, even as home values hit new highs and mortgage rates move up. A monthly sentiment index from Fannie Mae rose to the...
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Trump Budget Considers $6 Billion Cut to HUD Funding
Source: HousingWire Over the past few weeks, President Donald Trump and Congress considered different massive budget cuts in order to increase military spending, leaving some fearful that the cuts could impact the U.S. Department of...
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What happened to black homeownership?
Source: Mortgage News Daily Homeownership by black Americans has "declined to levels not seen since the 1960s when private race-based discrimination was legal." Like most demographic groups, black Americans saw homeownership gains...
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