FRIDAY - BETTER TOGETHER
- Yes, You Can Grow Food in a Shady Yard
- TransUnion Reports 1.5 Million Boomerang Buyers Could Re-Enter Housing Market in Next Three Years
- Is Getting a Mortgage Easier Than Consumers Think?- Homeowners Can Spend More Than $9,000 Per Year in Hidden Homeownership Costs, Maintenance Expenses
- Court: California Cities Can Require Developers To Build Affordable Housing
- What Happens to Home Prices When Technologists Come to Town
- Court: California Cities Can Require Developers To Build Affordable Housing
- What Happens to Home Prices When Technologists Come to Town
- Bathroom Planning: Which Vanity Will Work for You?
Enjoy!
TransUnion Reports 1.5 Million Boomerang Buyers Could Re-Enter Housing Market in Next Three Years - More than 1.5 million home buyers negatively impacted by the financial crisis could potentially re-enter the mortgage market in the next three years, according to a new study from TransUnion. This population of consumers negatively impacted by the financial crisis – commonly known as boomerang buyers – was defined by TransUnion as being 60+ days delinquent on a mortgage loan, having lost a mortgage through foreclosure, short sale or other non-satisfactory closure, or having a mortgage loan modification.
Is Getting a Mortgage Easier Than Consumers Think? - Most Americans still think getting a loan is very difficult, according to a new survey released by Wells Fargo and Ipsos Public Affairs. While fewer Americans think it’s difficult to get a loan in comparison to last summer, the survey shows those perceptions are changing very slowly. In April, 57 percent thought it would be very difficult to get a loan, against 61 percent last June. Notably, the survey found that for those with a household income below $100,000, the number of people who think getting a loan is difficult is actually increasing. More than a third of borrowers believe that a 20 percent down payment is required to get a home.
Homeowners Can Spend More Than $9,000 Per Year in Hidden Homeownership Costs, Maintenance Expenses - Homeowners say the most stressful part about owning a home is the extra or hidden costs. That may be because U.S. homeowners can pay more than $9,000 in hidden and home maintenance costs every year, according to a new analysis by Zillow and Thumbtack, a marketplace for connecting consumers with service professionals.
Court: California Cities Can Require Developers To Build Affordable Housing - California’s state Supreme Court ruled this week that cities have broad authority to require builders to include a percentage of affordable housing in new projects. The court case stemmed from a 2010 San Jose law that requires some new residential developments to set aside 15 percent of their units for sale at below-market rates. Due to the ruling, affordable housing requirements will be kept intact in cities across the state. Builders in the case argued that the cost of affordable units was being transferred from the public to homebuilders by these requirements.
What Happens to Home Prices When Technologists Come to Town - The wealth-creation of Silicon Valley and tech-driven economic growth in various cities are spurring major increases to the cost of living in the “digital diaspora,” such as Seattle, Portland, Austin, Boston and Denver. Redfin took the hiring of the four largest Internet-related companies — Google, Apple, Facebook and Amazon, in Silicon Valley and beyond — as a proxy for each metropolitan area’s overall growth in technology hiring. Redfin found is that for every 1 percent increase in technology workers, there’s a roughly half-percent increase in home prices above and beyond the national rate of appreciation.
Bathroom Planning: Which Vanity Will Work for You? - Vanities can be smart centerpieces and offer tons of storage. See which design would best suit your bathroom. Some of my favorites:
