Millennials are rapidly changing the way the world advertises and does business in general. This does not exclude the mortgage process. As digital natives, this new generation of homebuyers is saying goodbye to endless paperwork and having lenders meet them on their turf – online. Millennial...
Metrostudy and Builder Online share that housing starts rose by 6.3% in September, which places activity 17.8% above September of last year. What obstacles are new home construction facing, and what’s playing in its favor? The challenging The recession brought a great number of people who now...
Investing in single-family homes as rental properties is still lucrative, especially in markets with job growth in low wage professions, population growth, and lower average home prices. Builder Online recently published a list compiled by HomeVestor of the top 10 markets for investment—and nine risky markets...
Atlanta has seen steady growth in the past few decades, and has quickly become a hub for everything from international business headquarters to music and a promising future as the Hollywood of the South. While commercial development has been almost city-wide, much of the growth...
According to the Wall Street Journal, Fannie Mae and Freddie Mac are finally getting some private-sector competition in the business of financing loans in the debt market, at least in multifamily housing. Congress has been urging private capital to become the primary source of funding for...
While many housing markets rose together during the boom and fell together during the bust, they’re coming out of the downturn at very different speeds, and so it’s no longer a matter of a “national” housing market. We've seen recovery happening on a local market...
With banks being so stringent about homeowner loans, consumers are finding more and more that they need a back up plan. Enter the growing popularity of the lease to own option. Lease to own requests are most common in hard-hit markets where foreclosures have driven down...