Housing Insights Central
Delve into articles on market trends, home improvement, and legal tips that guide you to smarter housing decisions.
Key Considerations When Buying a Foreclosed Property
Buying a foreclosed property can present an opportunity for savings, yet it's accompanied by certain risks that prospective buyers should keep in mind. Often, banks are keen on selling these properties at below-market...
Alert on Reverse Mortgage Fraud: Safeguarding Seniors from Fiscal Deceit
The State of New York's Consumer Protection Division has recently brought to light the dangers associated with reverse mortgages, particularly focusing on how these financial arrangements can serve...
How Much Should You Spend on Rent?
Deciding how much to spend on rent starts with understanding what you can comfortably afford. Here are some general rules to guide you: The 30% Rule A common recommendation is to spend about 30% of your gross monthly income...
The Ten Places in the US with the Cheapest Home Ownership Costs for 2020
As housing costs continue to soar, many Americans are giving up on their dreams to break out of the rent cycle and own their own homes. While it's unlikely to find affordable options in high-demand areas...
The Housing Market Is the Most Volatile It's Ever Been: Here's Why
The housing market always ebbs and flows in different markets. After all, people constantly move around for jobs and other issues. On average, each American moves about eleven times within his or her life. Th...
Reno Housing Authority Expands Access to Affordable Homes: Applications Open Until April 25th
Today, the group in charge of helping people find affordable homes in Reno has good news. They're letting more people sign up for a chance to get an affordable house o...
How to Lock in Mortgage Rates While They're at Record Lows
If you are looking to buy a property, one of the most important things you need to think about is mortgage rates. Just a one percent difference in interest saves people an average of about $60,000 over the life of th...
Is It a Good Idea to Relocate During the Fourth Quarter of 2020?
An increase in housing sales in the fourth quarter of 2020 is expected as parents race to move into neighborhoods with the best schools for their children. Low mortgage rates and fear of COVID-19 will encour...
Evictions Caused by the COVID-19 Economic Crisis Could Make the Pandemic Worse
At the height of the closures instituted by local and state authorities, more than 30 million Americans lost their jobs. While some of those employers have since reopened and called back their wor...