Over the past four quarters, all the growth in net household formations has been among renters, according to Freddie Mac’s latest report.
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In all 50 states, the use of a “nanny cam” to record video inside a home is permitted. But recording audio is an entirely different matter. Can home owners record audio during showings in your state?
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“The rise in mortgage rates was modest this month, so purchases at this time are still favorable” when compared to the rise in rents, according to NAR’s latest housing affordability report.
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“The older, aging population presents a number of challenges, as does the younger population with its greater diversity,” says a former HUD secretary.
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Nationwide, rents have risen by 6 percent over the last decade, while incomes have fallen 13 percent. More than half of all renters now are devoting 30 percent or more of their income to paying rent.
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Bigger garages, the “super kitchen,” and more strategically placed home offices? Learn which home-design trends will likely catch on in the new-home market.
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