The starter home may be harder to obtain in 2017 for some looking to join the ranks of homeownership for the first time. According to the Northeast Florida Association of Realtors, median home prices are up 10.6 percent for the year to about $ 188,000.
In this Feb. 1, 2017, photo, Raymond Murray gets a visit from his lawyer, Robert Seewald, right, at his home in New York. Murray is the victim of deed theft, a foreclosure fraud where older people are mostly the target. Foreclosure News
Post-foreclosure stress disorder, mortgage availability, the growing burden of student loan debt, single-family housing affordability and single-family housing supply shortages are the five key barriers to homeownership. Despite robust job growth and low interest rates, U.S. homeownership rates remain at a 50-year low due to issues with affordability, crushing student loan debt, harsh credit conditions…
Charlotte's historic Excelsior Club, a touchstone for generations of African-Americans, faces an uncertain future after foreclosure proceedings began last week. The Beatties Ford Road landmark, which has hosted the likes of Nat King Cole, Louis Armstrong as well as a future president, has been closed since June. Foreclosure News
LegalShield's Five Indices Closely Track Key Economic Indicators That Shed Light on the Health and Direction of the U.S. Economy, a Key Concern for State Attorneys General Who Enforce Regulations for Affordable Housing )–LegalShield, one of North America's leading providers of affordable legal plans and identity theft solutions for individuals, families, and small businesses, introduced…
HARP allows homeowners who have little or no equity in their homes to refinance their mortgages and get lower interest rates. You can even refinance if your mortgage is upside down. Foreclosure News
The study found a much larger proportion of homes in the lowest price range were subject to inflated assessments when compared to homes in top price tiers. Homes in Detroit were assessed at amounts higher than allowed by the state constitution, according to a forthcoming study, a problem that led to many of the widespread…
