WHQR, Oct. 14, 2024-Kelly KenoyerClimate change has driven rising insurance rates for all kinds of real estate, but especially in the coastal Southeast where hurricanes are a threat. Low-income housing …
Category: Top National News
Multifamily Rent Declines, but Why Are Investors Still Optimistic?
MPA, Oct. 14, 2024-Candyd MendozaDespite a recent dip in multifamily rents, the broader market outlook remains positive as strong economic indicators and easing interest rates continue to bolster the commercial …
Insurance ‘Nightmare’ Unfolds for Florida Homeowners After Back-to-Back Hurricanes
NBC News, Oct. 13, 2024–Rob WileFresh off the one-two punch of Helene and Milton, hurricane victims in Florida — even those with insurance — face a challenging recovery. The insurance …
JPMorgan Isn’t Seeing a Big Mortgage Pickup Yet
The Wall Street Journal, Oct. 11, 2024-Telis Demos JPMorgan Chief Financial Officer Jeremy Barnum told reporters on Friday that while the bank has seen a “tiny bit” of a pick-up …
Florida’s Home Insurer of Last Resort Is in Serious Trouble. Will Milton Put It Over the Edge?
CNN, Oct. 11, 2024-Elisabeth BuchwaldAn exodus of national insurance companies from Florida, combined with local private insurers canceling plans, has left many homeowners there with only one option: Citizens Property …
Federal Housing Leaders Speak to the Need for More Reverse Mortgage Understanding
HousingWire, Oct. 10, 2024-Chris ClowFederal Housing Administration (FHA) Commissioner Julia Gordon and David Berenbaum, deputy assistant secretary for the Office of Housing Counseling at the U.S. Department of Housing and …
California Offers 3.5% Down Payment Program for First-Time Homebuyers
Orange County Register, Oct. 10, 2024–Jeff LazersonMy Home Down Payment Assistance from the California Housing Finance Agency features a “deferred-payment” loan for down payment and closing costs, covering much of …
That Luxury Home Comes With an Ocean View—and Surging Insurance Costs
The Wall Street Journal, Oct. 1, 2024-Gina HeebRyan Harper and his wife decided to sell their Santa Clarita, Calif., mansion last year after the insurance premium on it nearly tripled. …
Home Prices Exploded in Park City. These Towns Are Taking Advantage.
The Wall Street Journal, Oct. 10, 2024-Nancy KeatesAfter a dozen years working in San Diego, Rob Ferguson had every intention of moving back to Park City, Utah. He wanted to …
Residents of a Mobile Home Park Join Forces to Buy Their Community
New York Times, Oct. 10, 2024-Anna KodéManufactured houses, widely known as mobile homes, are one of the most affordable options for homeownership in the United States, but they typically come …