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HECM program study assesses policy impacts of recent years

Housing Wire

Department of Housing and Urban Development (HUD) Office of Policy Development and Research (PD&R) in 2022 aimed to assess the state of the Home Equity Conversion Mortgage (HECM) program over a 20-year period. A study commissioned by the U.S. per square foot, or 3.5 percent of the $223 per-square-foot average for homes.”

Loans 320
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Better Homes and Gardens® Real Estate Brokers Identify Potential Trends in Spring Selling Season

Realty Biz

With just one week of inventory, an uptick in seasonal activity is not possible here in Portland,” said Danielle Bade, principal broker and vice president , Better Homes and Gardens Real Estate Realty Partners & Better Homes and Gardens Real Estate Northwest Living. New Construction. Homes sell as soon as they come on the market.

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What Causes Pre-Construction Condo Cancellations?

Toronto Realty Blog

I’ve been writing anti-pre-construction rants for fifteen years, but I won’t succumb to the naivety that is currently plaguing many Torontonians when it comes to this subject matter. After all, they’re developers, not equity groups or banks. A classic example: we believed in staging and they didn’t.

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BHGRE Brokers Identify Potential Trends in Spring Selling Season

RIS Media

With just one week of inventory, an uptick in seasonal activity is not possible here in Portland,” said Danielle Bade, principal broker and vice president, BHGRE Realty Partners & BHGRE Northwest Living. New Construction: . Homes sell as soon as they come on the market. Tips for Sellers: .

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Planning a Remodel? Know Your Home Renovation Loan Options

HomeLight

A recent survey by Discover Home Equity Loans reveals that 23% of homeowners plan to pay for their renovation with a credit card, 18% with a home equity line of credit (HELOC), 13% with a home equity loan, and 7% with cash-out refinance. Construction loan. Owner-builder construction loan.

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Should I Sell My House in 2022? Factors to Help You Decide

HomeLight

Or the idea of cashing out the equity on your two-story home and downsizing to a single-level house sounds appealing. A brand-new house is another option, but supply chain problems, labor shortages, and zoning issues are impeding construction. Remember to account for additional expenses such as renovations, repairs, and staging.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

How else would you and your clients understand how much is being paid in principal and interest over the years? It generally results in a higher interest rate or additional points, but it’s a way for homeowners to leverage their equity in a property. Construction loan. Home equity conversion mortgage. Contingency.