available. The documentary, Flag Wars, chronicles the gentrification of Olde Towne East, a downtown, urban Columbus, Ohio neighborhood. In the 1990’s several of Olde Towne’s rundown and at times abandoned properties became viewed as desirable real-estate to cash-flushed…
employment discrimination on the basis of race, color, religion, sex or national origin. Yet evidence reveals discrimination is still occurring despite this legislation. One of the many forms if racial bias can be found in the housing market. In 2012 the department of housing and urban development did a…
Housing Supply/Demand The City of St. Johns housing market is presently experiencing limited supply while demand has remained steady. The limited supply is caused by the lack of new housing development within the previous decade. The steady demand is due to the City of St. Johns housing affordability and stable regional employment opportunities created by the city’s close proximity to Lansing, the state capitol of Michigan. This limited supply and steady demand has resulted in the City of St…
comes to money. It is safe to say that housing costs is why most homeless Hawaiians are homeless. With vacationers coming and going some choose to stay and buy homes. While these are no means citizens they buy goes have enough to pay the high prices of housing on the island. “In 2005, the hot real-estate market, coupled with record tourism business, helped Hawaii rank as the ninth strongest state economy, measured by annual GDP growth...” While the housing industry can be doing extremely it…
1. Who do you serve? To answer this question, my organization promotes social and economic equity by preserving and enhancing economically and culturally diverse communities through affordable homeownership opportunities, business development, homebuyer services, and community advocacy. For more than a decade, HomeSight has worked with families and people of color, assisting to create over 1,900 homeowners. Generally speaking, they fulfill their mission of “building strong, vibrant communities…
you are struggling financially, it can help you afford your mortgage and get back on track financially. Refinancing has a lot of positive benefits and below, you will find reasons why you should consider refinancing. Real estate is a buyers market At the moment, real estate is significantly leaning toward a buyers market. Prices are low, interest rates are low, and this means it's great for refinancing as well. Any time that the economy has shifted toward a buyers market, it's a good time to…
According to Zillow Group, a title company makes sure that the title to a piece of real estate is legitimate and then issues title insurance for that property. Title insurance protects the lender and/or owner against lawsuits or claims against the property that result from disputes over the title. Title companies also often maintain escrow…
In the aftermath of the last real estate bubble and financial crisis, millions of homeowners across the country lost their homes in a short sale or foreclosure. These homeowners have spent the last seven years renting homes, rebuilding their credit and their financial reserves. These buyers that have history of a short sale, foreclosure or bankruptcy are referred to as Boomerang Buyers and a ready to re-enter the housing market. Boomerang Buyers are driven for the same reason that they bought a…
must meet certain criteria for health and building codes and there are a number of qualifications to meet as well. It helps with the transition of relocation. It also ensures that the banks have an excellent tenant until the house is sold. The housing crash meant a lot of homeowners suddenly became renters. If you rent after your foreclosure, look for a landlord who participates in Experian’s “RentBureau program”. Timely rental payments are reported and can also help boost your credit score.…
seen as an attractive option for property buyers, especially for first time buyers looking for a starter family home. There is, however, a lot of discussion on whether townhouses, single family detached houses, or condominiums are better, with real estate forums and websites such as CanDoFinance filled with arguments for and against each option. Some of the main arguments in favour of townhouses are that they are not only more spacious and aesthetically pleasing than condos but also come…