Homeownership has plummeted in recent years – a decline apparent across nearly all demographic groups. But one group has bucked the trend
“Housing is not repeating the bubble period of 2000-2006,” says S&P director
I recently visited a friend who purchased a condo in a “new urbanism” development. As I drove into the parking structure I realized I was in the center of a newer shopping mall in Salt Lake City.
Mike Ferry is the founder of The Mike Ferry Organization, the leading Real Estate Coaching and Training Company.
(AEI - American Enterprise Institute) -- Today, the National Association of Realtors (NAR) will be running its third ad presenting what it calls “FHA Facts“. The NAR apparently supports the FHA’s decades-long loan insurance nightmare that has resulted in an estimated 3.2 million dashed homeowner dreams since 1975. This represents a failure rate over 37 years of 1 in 7 families who have gotten an FHA loan. This is nothing short of scandalous.
Could the CFPB be worried that its ability-to-repay/qualified mortgage rule is already contracting the availability of mortgage credit?
(Bloomberg) - Construction spending in the U.S. unexpectedly fell in January following the biggest back-to-back gain in a year, reflecting a slump in nonresidential and government projects.
What a wonderful and exciting time for those professionals involved in Ohio's real estate market from the broad sense down to the local community markets. Exciting not only for Realtors, but also for contractors, builders, inspectors and let's not forget the banks.