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Opinion: 5 policy changes that can improve housing affordability

Housing Wire

Elected officials establish zoning and land use policies, and if those policies are going to become less restrictive, homeowners are going to have to embrace the idea of increasing the amount of affordable housing. Reform zoning and land use policies Zoning laws across the country need to become less restrictive and allow for greater density.

Land 396
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Housing coalition publishes recommendations for GSEs’ ‘Duty to Serve’ plans

Housing Wire

The Underserved Mortgage Markets Coalition (UMMC), a coalition of 32 housing groups initially convened by the Lincoln Institute of Land Policy , published a report on Wednesday that recommended actions for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. mortgage finance system. mortgage finance system.

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Land sales haven’t been this strong in a decade

Real Trends

Land sales saw their best year in nearly a decade in 2021, according to the 2021 Land Market Report from the Realtors Land Institute (RLI) and the National Association of Realtors (NAR) released on Tuesday. The RLI defines a and transaction as one in which the value of the land is at least 51% of the value of the transaction.

Land 103
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What Is a HUD Home? Are the Savings Worth the Risks?

HomeLight

If you land the house but require a contract extension to push back your closing date, either because your financials aren’t quite squared away or you had a personal or work-related issue arise, Collinge says there’s one especially important thing homebuyers need to know. even if it’s just a cosmetic repair. Costs of requesting an extension.

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12 profitable real estate niches to explore now

Real Trends

Another possible niche is buyers who need creative financing, such as rent-to-own financing or owner financing. This is a way to help those who have credit problems afford a home of their own. Once the bank takes ownership, its goal is to recoup as much of its loss as possible.

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Government Websites, Real Estate Agents, A Drive around the Block, And More Ways to Find REO Homes in Your Area

HomeLight

If you’re in the market for real estate, either as an investment or a residence, REO (which stands for “real estate owned” also known as “bank owned”), homes can offer you a deal, but without the hassle of dealing with a foreclosure auction. They’re all great ways to find REO homes in your area.

Agents 76
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Buying Foreclosed Homes for Dummies in 11 Steps Even You (Yes, You!) Can Do

HomeLight

Mary Stewart in Sugar Land , Texas, is in the top 1% of agents in her area for successfully selling homes. Real-estate owned (REO) homes. A real estate-owned (REO) home has been put up for sale at a foreclosure auction — but it didn’t sell.