Category: Housing
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Maintaining a Personal Connection With Your Clients
One lesson I’ve encountered in my tenure as a realtor is that learning to stay away from the shiny object syndrome is a big challenge. I’ve always admired technology and what it has done for my business and industry. I admit I am the agent who downloads every new application I can find and I…
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Introducing Women’s Homeownership Series: Rachel
Rachel, a single mother living in Hayward, California, enjoys spending time with her son, seeing friends, going to the movies and imagining her dream home. Her weekday morning routine consists of waking up at 6:30 a.m. to pack lunches, dropping Sam off at preschool by 7:30 a.m. and driving 15 minutes north to her job…
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Latest Legal Issues in Real Estate Trends
In 2007, the Great Recession hit the real estate market. As a result, there were unprecedented increases in foreclosures—approximately 8 million homes were foreclosed—and short sales due to losses of income and depreciation in the value of homes. The situation was compounded by loans secured by real estate, for which borrowers did not qualify. There…
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FHFA Performance & Accountability
The Housing and Economic Recovery Act of 2008 (HERA) established the Federal Housing Finance Agency (FHFA) to supervise and regulate the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal Home Loan (FHL) Bank System. The FHFA is an independent government agency that employs examiners, analysts, attorneys…
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A Women Buyer’s Market is Coming
Appreciating housing prices and limited inventory levels have a created an ideal market for sellers, who often receive multiple bids for their homes. But how long will this last?
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Attention All The Single Ladies: 5 Ways To Help You Become a Homeowner
Despite the pay gap, women are increasingly becoming financial powerhouses. Case in point: they now control 51 percent of American wealth, totaling some $14 trillion in assets. One of the ways they’re using those assets to their advantage? Home buying. According to the latest data from Ellie Mae, women are the primary borrowers on 32…
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The NAWRB Women’s Homeownership Initiative
Homeownership is a central part of the American dream, for most people, it is the American Dream. Owning a home connotes success and achievement. As women progress in the workforce and receive the consideration and participation they have earned, it is essential to fortify their growth with strong economic foundations. Why is it important for women to…
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The American Rental Market: Will there be a Change in Affordability?
Exponential Growth in Rental Housing Demand As of mid-2015, 43 million Americans lived in rental housing; representing an increase of almost 9 million since 2005. This raised the number of all American renter households from 31 to 37 percent, the highest it has been since 1960. The Great Recession brought with it almost 8 million…
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Women’s Homeownership Initiative (WHI)
Homeownership is a central part of the American dream, for most people, it is the American Dream. Owning a home connotes success and achievement. As women progress in the workforce and receive the consideration and participation they have earned, it is essential to fortify their growth with strong economic foundations. Why is it important for…