Tag Archives: housing

Loan Disparity in Baltimore

Posted on by nawrbBlogger
blog_baltimore
18 Nov

The National Community Reinvestment Coalition (NCRC) recently released a report, Home Mortgage and Small Lending in Baltimore and Surrounding Areas, which reveals troubling truths for lending practices in the city. The study’s executive summary articulates, “[This report] details lenders’ abandonment of neighborhoods in Baltimore based upon the race of members of those neighborhoods and the preferences of lenders for white borrowers and majority white neighborhoods.” Continue reading →

2015 Homebuyers and Sellers

Posted on by nawrbBlogger
blog_homebuyers
09 Nov

Recently, the National Association of Realtors (NAR) released their 2015 Profile of Home Buyers and Sellers assessing the characteristics of homebuyers and their home purchases in the past year. For the report, NAR sent a 127-question survey to 72,206 homebuyers in July 2014; these homebuyers had to have bought their home between July 2013 and June of 2014. NAR received 6,572 responses to their study. Continue reading →

Campaign Raises Rent Awareness

Posted on by nawrbBlogger
Blog_rent
04 Nov

Across the country, rents are on a continual upward trajectory while wages have remained stagnant.

Americans have risen to meet the challenge of increasing rent in several ways. Living with roommates is the most popular arrangement for people trying to lessen the impact of housing costs on their paychecks. According to Make Room data, among millennials living in Massachusetts in 2013, 13.2 percent reported living with roommates; in Colorado this figure was 11.7 percent, marking a three percent increase from 2008 for the Rocky Mountain state. Continue reading →

Haunted Real Estate

Posted on by nawrbBlogger
Blog_halloween2
26 Oct

It’s almost Halloween and NAWRB hopes you’ve been enjoying your October with scary movies, candy and pumpkin spice everything. In the spirit of All Hallows’ Eve we thought we’d start this spooky week by compiling a list of haunted real estate from around the country. You might live closer to a haunted house than you think. Continue reading →

Hottest Housing Markets in the U.S.

Posted on by nawrbBlogger
Blog_city
23 Oct

Seattle’s culinary and tech scenes, along with a National Association of REALTORS (NAR) affordability index of 110.62, combine to make one of the liveliest housing markets in the country. This is a well-known fact; in fact, Americans aren’t the only ones gravitating to the rainy city, foreign real estate investors are gobbling up the Pacific Northwest real estate at an increasing rate. But just how hot is Seattle? Continue reading →

Housing Market Improvement

Posted on by nawrbBlogger
Blog_yellow
22 Oct

Today the National Association of Realtors (NAR) reported that after a disappointing August, home sales increased handsomely in September for all major regions (South, West, Northeast and Midwest) of the country. In fact, according to NAR, home sales have increased year-over-year for the last 12 successive months.   Continue reading →

2016 Real Estate Trends

Posted on by nawrbBlogger
Blog_denver
15 Oct

The recently released Emerging Trends in Real Estate 2016 report from PricewaterhouseCoopers (PwC) and the Urban Land Institute (ULI) suggests that established hubs like New York and Washington, D.C. are losing steam, and developing cities in quieter markets may well be on their way to becoming the next great American metropolises. Continue reading →

House Passes TRID Grace Period Bill

Posted on by nawrbBlogger
Blog_captialStorm
08 Oct

There is no question about it; the TILA-RESPA Integrated Disclosure (TRID) rule transforms the way business is done in the mortgage industry. After multiple postponements, TRID was officially implemented on October 3 with the assurance from the Consumer Financial Protection Bureau (CFPB) that there would be an informal grace period carried out at least through the end of the year for lenders attempting to comply in good faith with TRID regulations. Continue reading →

A Day Away from TRID

Posted on by nawrbBlogger
Blog_cuckooclock
02 Oct

The TILA-RESPA Integrated Disclosure (TRID) rule consolidates four mortgage forms into two; the RESPA Good Faith Estimate and Initial Truth-In Lending disclosure have been combined to create the Loan Estimate form, and the RESPA HUD-1 and the Final Truth-In Lending Disclosure now comprise the Closing Disclosure. Continue reading →