Tag: real estate
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How Does #Brexit Affect U.S. Housing?
Yesterday, in a historic decision, British voters decided to secede from the European Union (EU). This verdict profoundly affects Britain, from restricted borders to stringent trading policies, and their leave will undoubtedly extend its reach to the rest of the world.
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What To Do about the Turbulent Housing Market?
Homeownership rates are down, renters are increasing and home inventory is on the decline, this and more troubling truths for the American rental market are revealed in Harvard University’s Joint Center for Housing Studies State of the Nation’s Housing report.
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Helping Hand for Homebuyers with Bad Credit
A newly introduced bill could significantly alter the way Americans’ credit data is stored, reported and utilized by credit reporting agencies. Yesterday, Representative Maxine Waters, D-CA, introduced the “Comprehensive Consumer Credit Reporting Reform Act of 2016” which aims to transform the American credit reporting system in an attempt to make it “fairer, more accurate, and…
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Taking Your Business International
Do you have a successful business that is ready to tread onto international grounds? Growing your company into an international firm offers the exposure and growth opportunities to transform your business from a domestic success to a global powerhouse. Global expansion also offers the flexibility to rely on an alternate market when others are experiencing…
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The Buying Power of Asian Americans
The housing market has been turbulent for the past decade, but 2016 has started with a positive trend. According to the Nationwide Economics’ Health of Housing Markets (HoHM) Report, the Leading Index of Healthy Housing Markets (LIHHM) for the third quarter of 2015 was higher than 100, their neutral number, and this typically designates a healthy…
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House Flipping in the United States
Indicative of a competitive housing market with stable demand, house flipping is a practice with a lasting effect throughout the country. According to Business Insider (BI), despite comprising a steady amount of all home sales, the current national flip rate of 5 percent is comparable to non-housing bubble years and significantly lower than the 8.6…
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The Future of our Communities Lies in our Mothers’ Hands
The number of women rearing children by themselves in America has nearly tripled in the last 45 years, reaching a current estimate of 10 million single mothers in this country. The U.S. Census Bureau reports more than 1 in 4 families with children under the age of 18 are headed by a single parent and…
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Homeownership Rising in the U.S.
After increasing in the third quarter for the first time in two years (from a 48-year low), American homeownership rose for a second consecutive quarter from 63.7 percent to 63.8, the Census Bureau announced Thursday. Fueled by job growth and flexible lending, these successive increases, albeit minuscule, are welcome news after a span of incessant…
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The Struggle with Housing Affordability
The theme for the 2016 housing market is “the challenge of housing affordability coupled with expected modest economic growth,” according to a recent report from Fannie Mae’s Economic and Strategic Research (ESR) Group. The research group asserts that continued labor market demand will result in higher wages and job security in the coming year, and…
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Will the Luxury Real Estate Buyer Please Stand Up?
The Department of Treasury announced on Wednesday that it would work to increase transparency in luxury real estate transactions. The Financial Crimes Enforcement Network (FinCEN) yesterday issued Geographic Targeting Orders (GTO) that will, for the time being, require selected American title insurance companies to identify the buyer behind companies purchasing luxury real estate properties in…