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Rents Drop for the Fifth Month in a Row

Rents Drop for the Fifth Month in a Row

According to a recent report from Realtor.com, which tracked rents for studios, one-bedroom and two-bedroom apartments, condos, townhomes, and single-family homes in the 50 largest U.S. metros, September 2023 marked the fifth straight month of year-over-year declines in rents. During September, prices decreased further by 0.7% and the median asking rent dropped to $1,747—a $5Read …

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Realtor.com: Conservative commentator Tomi Lahren offering her Nashville …

Realtor.com: Conservative commentator Tomi Lahren offering her Nashville …

Tomi Lahren, host of the podcast “Tomi Lahren Is Fearless,” is looking to rent out her Nashville, TN, home for $5,000 a month. The three-bedroom, three-bath dwelling is just over 2,000 square feet in size and comes furnished, making a quick move-in possible. Country rustic is the vibe, from the brick-and-wood exterior to the shinyRead …

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‘Bargain Block’ Shows How To Buy a House for $4,500—and Sell It for $130K

‘Bargain Block’ Shows How To Buy a House for $4,500—and Sell It for $130K

Buy a house for $4,500? As absurd as that seems, it’s all part of a day’s work for Keith Bynum and Evan Thomas on “ Bargain Block.” In the Season 3 episode “The Forest House,” they find a three-bedroom, one-bath, 1,200-square-foot home in Detroit that looks like it’s more suitable for bats, cats, rats, andRead …

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FHA Eases Mortgage Qualifications by Allowing Rental Income From ADUs

FHA Eases Mortgage Qualifications by Allowing Rental Income From ADUs

The Federal Housing Administration (FHA) is implementing a new policy to ease the mortgage qualification process for some buyers by allowing them to include rental income from accessory dwelling units (ADUs) in their applications. This change permits lenders to consider ADU rental income in underwriting mortgages, improving borrowers’ qualification prospects for FHA financing on propertiesRead …

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Do Rising Foreclosures Pose a Threat to the US Housing Market?

Do Rising Foreclosures Pose a Threat to the US Housing Market?

Foreclosure notices have surged 34% year-over-year to nearly 125,000 in the third quarter of 2023, up 28% from the previous quarter, indicating a return to pre-pandemic levels as foreclosure moratoriums expire. While rising foreclosures and high home prices have some fearful of a housing bust, experts are optimistic about the state of the market inRead …

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