Single-family, built-for-rental housing inches forward

Builders are capitalizing on the hot rental market by creating single-family, built-for-rental housing communities. The share of these units of the new-building market is relatively small, but it’s projected to grow. Continue reading

‘Elder orphans’ more likely to move: Study

A wave of unmarried, childless elderly people are likely to shape the future of housing. These “solo agers” must make big decisions about the course of their lives without input from loved ones. That includes their housing situations. Continue reading

Why younger generations need to understand credit scores now

Young consumers are blithely unaware of the importance of credit scores to their financial lives, according to recent surveys. This is troubling as Americans’ debt levels reach record highs. The good news is that people tend to change their behaviors o… Continue reading

Studies find that 2017 tax reform has mixed impacts on homebuying

Who are the winners and losers in the homeownership market after the 2017 tax reform? A trio of studies find that the answer is: “It depends.” Continue reading

When lenders reject US veterans, who you gonna call?

NewDay USA has encountered controversy in its time doing business, but some brokers say that it can help veterans with traditionally low credit scores land reasonable loans. Veterans should just make sure that they enter the agreements with their eyes … Continue reading

Outlook for US mortgage rates remains stable, housing crunch continues

Mortgage rates will remain stable for the next two and a half years, predicts an economist from the Mortgage Bankers Association. But the national housing shortfall continues to be a problem primarily because of the lack of building sites, according to… Continue reading

Same-sex couples face discriminatory lending practices: Study

Same-sex couples were 73 percent more likely to be rejected for mortgages than heterosexual couples, according to an Iowa State University Ivy College of Business analysis. The study looked at home loans granted over a quarter of a century between 1990… Continue reading

HomeBinder digitizes traditional home maintenance records

The HomeBinder Home Management software system is a digital three-ring binder that organizes all your important records, room by room. But it’s far more systematic and comprehensive than traditional record keeping systems. It’s available for use to age… Continue reading

Would you like to work at a brokerage where you own a piece of the pie?

Counselor Realty isn’t a true cooperative, but it operates a lot like one. Almost 100 of the company’s agents are shareholder-partners, and they love it. Here, Andy Barns and Nick Dreher, the company’s CEO and director of growth, respectively, share mo… Continue reading