Real estate-related government programs affected by the shutdown Flood insurance A National Flood Insurance Program (NFIP) lapse makes it difficult to close on homes in flood zones if a buyer requires a mortgage because many lenders require NFIP coverage. Buyers may sometimes “assume” the current
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12/23/2018
MIAMI – Dec. 13, 2018 – According to the National Knock Deals Forecast, uses data for both predictive and historical analyses from ATTOM Data Solutions, the percent of home sellers who eventually sold for less-than-asking price in 2018 was about 2 in 3 (62 percent).Of those homes that sold for le
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12/14/2018
NEW YORK – Dec. 11, 2018 – Baby boomers, the massive generation born between 1946 and 1964, inhabit 46 million owner-occupied homes worth an estimated $13.5 trillion.In 2006, when the oldest boomers were only 60, the 65-to-74 age group contained 9.3 million homeowners. By 2016, when the oldest bo
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12/12/2018
At an estimated 544,000, new-home sales nosedived in October, down 8.9 percent from September and 12 percent from the prior year, according to the Commerce Department. There were 336,000 for-sale homes in October, representing 7.4-months’ supply, with a median price of $309,700.“The steep decline
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12/04/2018
