For slightly less than $4M, one ABBA fan can own a piece of history. The Swedish Longhouse style Gulf Coast home duplicates the same design in a mirror style.
Discrimination tends to find loopholes. In the 1960s, Blacks bought homes using a land contract – but sellers held the deed and could evict for one missed payment.
Is single-family zoning good or bad? It’s a hot issue, but affordable-housing advocates says it’s one of the problems, and Gainesville might nix it altogether.
NAR: Median home prices in the second quarter were up 14.2%, but Fla. saw bigger gains: Of the top 10 U.S. metros for home-price increases, Fla. had 7 ranking cities.
Last week, mortgage rates dropped below 5%; this week, they changed direction. One year ago, the average 30-year, fixed-rate mortgage averaged 2.87%.
Year-to-year, U.S. prices rose 8.5% in July compared to 9.1% in June. Most of that savings – though not all – resulted from falling gas prices.
Rent.com: $1,769 is a 39% year-to-year increase. The nationwide average monthly cost for a two-bedroom rental in August is $2,105, a 38% increase year-to-year.
Buyers, sellers and Realtors feel less pressure as bidding wars decline, listings remain on the market more than a week, and open houses no longer generate waiting lines.
From mid-March to early April, credit-scorer Equifax gave faulty info to lenders, and some borrowers may now be paying higher monthly payments than they deserve.
Through the “Bridging the Gap” program, HUD hopes to give historically left-out people help to improve their credit, save resources for homeownership and build wealth.