The shadow inventory was once deemed a big threat to derailing the housing recovery. But the latest numbers show that threat is quickly vanishing.
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The U.S. Department of Housing and Urban Development has reportedly postponed a ban that was to prevent real estate professional from representing both buyers and sellers in FHA pre-foreclosure transactions.
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“These low rates should somewhat offset the house price gains seen the last number of months and keep housing affordability elevated,” says Freddie Mac’s chief economist.
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Investors’ eyes will be on RE/MAX next week, as the franchise plans to go public on Wednesday.
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Reader’s Digest conducted a “lost wallet” experiment to find out the most honest cities across the globe.
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Asian buyers are among the main international purchasers of U.S. properties, so it’s important to understand their needs, as well as help them learn the buying process.
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