Dallas leaders say renters will be less susceptible to slumlords after the City Council voted Wednesday to overhaul the city’s housing standards and require code inspections of single-family rental homes for the first time. The new minimum housing standards also […]
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Top 10 Cities Offering the Most Opportunity for Investors
BiggerPockets, released its 2016 BiggerPockets Real Estate Investment Market Index analyzing the 50 largest US MSAs to determine those that were most likely to produce outsize returns for residential real estate investors between 2015 and 2016. “This index looks at […]
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How Many Loans Will the Fannie Mae and Freddie Mac Lend to Investors?
In 2009, Fannie Mae and Freddie Mac rolled back the mortgage rule that prevented real estate investors from financing more than 4 properties per borrower. At the time, investors were limited to 4 properties financed, which included their primary residence. […]
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Millions of Boomers Prefer to Rent
Earlier in June, Freddie Mac reported that the 67 million baby boomers and other homeowners over the age of 55 control two-thirds of the nation’s aggregate home equity and therefore are in a position to greatly influence the direction of […]
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Nearly Half of Foreclosures Wrapped up in Five States
As foreclosure numbers continue their downward spiral, the data showed that almost half of the nation’s completed foreclosures for the 12-month period ending on April 30, 2016, were locked up in five states, according to CoreLogic. Florida, Michigan, Texas, Ohio, […]
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What is HVCC and How Does this Affect The Lenders, Borrowers, Sellers and Real Estate Agents?
Home Valuation Code of Conduct (HVCC) The HVCC is a set of federal guidelines designed to enhance the integrity of the home appraisal process to be more reliable and restrict the interaction between mortgage lenders and appraisers. Since the HVCC […]
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The Delicate Art of Rent Increases
Rents seem to only continue to go up. Nationally, the median asking rent increased 5.74 percent in the third quarter of 2015, compared with the same quarter a year earlier. But while many landlords raise the rent whenever it seems […]
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