The Cigna Insurance website offers the above chart to help you better understand these changes and the associated penalties. They also offer several informative PDFs for further reading.
Fair Housing Trends
Each year, the National Fair Housing Alliance compiles a report outlining the issues of that year. The 2013 Fair Housing Trends Report has just come out and indicates that complaints are actually up by about 5%. In 2012, the report shows that there were about 28, 518 complaints total. Additionally, this report does include those that were investigated by the US Department of Housing and Urban...
More Housing Trends On The Rise
The US Census Bureau reported that the US population went up by about 4% in the years between 2006-2011. During that time, though, there was only a 3% increase in households- this broke down to a 2% for family households, but a 5% growth in non-related households. That would seem to indicate that roommates are a growing section of the market. This definitely has some bearing on the recent boom in...
Builder Confidence Stable in Housing Market
Uncertainties in the market are not causing issue with builder confidence, but also, not increasing it, the National Association of Home Builders’ (NAHB) index reveals. This same market uncertainty has been creating tensions with both builders and buyers for some time now, but recently has remained roughly the same. As of last month, the trend was downwardly revised at a level of 54.
Single and MultiFamily Rental Markets Looking Good
According to Jones Lang LaSalle, or JLL, sales volumes on multifamily housing in the United States shot up about 47% from the months of July to September after a dragging second quarter. Sales volumes on multifamily housing hit about 25 billion dollars during that time. Researchers cite the housing hangover, population growth in the empty nesters and Echo Boomers, and the rise in households...
Home values expected to rise by 6.7% by the end of the year – Survey
According to Zillow Home Price Expectations Survey conducted from July 22, 2013 through Aug. 1, 2013 by Pulsenomics LLC, more than 100 economists, real estate experts, and investment and market strategies forecasted 6.7% annual gain in home values for 2013. This is higher than the earlier expected growth of 5.4%. Panelists said the expected median U.S. home values would rise to an average of...
How Adjusted Mortgage Underwriting Standards Circulate Money and Kick Start the Economy
Money talks, and when it does, we listen. So we’ve all, undoubtedly, heard the sound of circulating cash. As the dollar moves between buyer and seller, an anticipatory “Cha…” sets the buck in motion, while a conclusive “…Ching” finalizes the exchange. “Cha-Ching!” – the chime of money in motion and growing prosperity. However, once the drowning noise of collection agencies disrupt the harmonious...
Foreclosures to Rentals: The $100 Billion Market
Here at RentPost, we’ve been tracking the movement of capital towards rental investments for a long time now. There have been many signs that the rent industry is the next booming sector in real estate (and with some luck, that boom won’t turn into a bubble). But this month, some new insight has come out on just how strong this market can ride. Data tracker CoreLogic released a...
What Zillow Sees
When it comes to statistics, Zillow, the real estate directory site has listings in practically every city in the country, and it’s been issuing reports on the state of the real estate market. Their last report was issued in February. That Real Estate Market Report reaffirmed what many have noted on the real estate scene: the continuing success of rental investments and the furthering...
Even in the UK, Rental Investments are Hot
The American rental climate has been favorable for landlords, and now the warm weather has spread to other parts of the world. UK private property landlords have seen strong increases in their own rental yields. Despite the dark reports of the UK property market, demand for quality rental properties is still increasing. It’s not just in some parts of the country. Rental sector landlords...