The company will no longer offer home, auto or umbrella policies “to manage risk;” its subsidiaries aren’t affected. It also reduced new business in Calif. due to wildfires.

The money helps “root out housing discrimination,” says HUD, going to local-state governments that enforce rights equivalent to those under the Fair Housing Act.

Politics can hurt home sales if a neighbor’s yard flag pushes views offensive to a potential buyer – but flags can help if buyers agree.

Experts say not all disasters, claims and insurers are alike. What’s the best way to file a claim? Who do you call first? Your insurer? A public adjuster? An attorney?

In 2022, only Texas saw more homebuyers using private mortgage insurance (PMI) than Fla., where 76,451 buyers (57%) relied on PMI to buy a home.

Sellers love drone photography – and by extension, an agent who offers it. If owners are interviewing several RE agents, it could make a difference.

If a buyer pays half their monthly payment every two weeks, they’ll pay off a 30-year loan in less than 26 years and save $20K in interest ($200K loan, 4.1% APR).

If a buyer pays half their monthly payment every two weeks, they’ll pay off a 30-year loan in less than 26 years and save $20K in interest ($200K loan, 4.1% APR).

According to the Mortgage Bankers Association, the median monthly mortgage payment for a purchase loan rose to an all-time high of $2,165 in May.

People need a roof over their heads, making “home” a life necessity – and also, on the side, a good investment. As a result, buying sooner is better than later.

Due to limited supply and strong demand, sales of rental housing for college students hit a record high of $22.9B in 2022.

Real estate is cyclical, and boom times are often followed by softer markets. Money saved for retirement offers temporary help, but follow rules and withdraw safely.

Storms rarely have a long-term effect on the local real estate market. Cape Coral-Fort Myers listings dropped for two months after Ian but rose for the six after that.

Google’s system could get listings and other ads in front of a wider – yet also targeted – audience of potential buyers and sellers.

HUD has $3.1 billion to spend on projects that help the U.S. homeless population, and it’s accepting funding requests until Sept. 28, 2023.

For the first time since last August, the average sale-to-list price ratio surpassed 100%, says Redfin, as low inventory and steady demand buoy home prices.

It’s a new high for 2023 and the second week of increases. It’s largely the result of higher 10-year Treasury Note yields as investors worry about inflation.

Homebuyers shouldn’t view today’s rates as temporary and postpone ownership. The housing crisis pushed rates lower for 11 years, but that won’t recur anytime soon.

The Dept. of Veterans Affairs says veterans are the most highly competitive buyers in today’s market: They have an average 722 credit score, 40% DTI and $54K to spend.

Fed members don’t think alike, and a handful disagreed with the choice to maintain current interest rates at their last meeting. They wanted a quarter-point hike.