Ohio Bill Would Create Credit Protection Type Laws for Land Contracts



A land contract provides a rent-to-own structure which enables someone to purchase real estate with little to no cash down payment.  Called contracts for deed or land installment contracts in some states, land contracts require the buyer to make monthly payments towards purchase of the real estate to the seller. Part of each month’s payments […]

Experts warn Mexican tariffs will hurt housing market



Housing experts have warned that President Donald Trump’s plans to impose a 5% tariff on imported Mexican goods could have a negative impact on the real estate market, leading to higher home prices and more expensive household goods. For example, they say newly-built homes would become more expensive as building materials will cost more, CNBC […]

HUD Charges Idaho Landlord with Familial Status Discrimination



On May 31, 2019, HUD charged the owners and manager of an Idaho rental property with violation of the familial status provisions of the Fair Housing Act (FHA). HUD alleges they refused to rent a home to a couple with seven children. What is Familial Status Discrimination? When first adopted in 1968, the FHA only […]

Experts say parents should be charging adult children more rent



Financial experts say parents should be asking adult children who move back home to pay rent, even though most are only returning to the nest in order to save money. Currently, around one-third of U.S. adults aged between 18 and 34 live with their parents, up from 26% in 2005, according to Census data. “By […]

A quarter of U.S. adults have relocated for love



A quarter of U.S. adults say they’ve relocated to pursue a romantic relationship with the person they love at some point during their lives, and doing so generally pays off, according to a new survey. Some 27% of men said they’d relocated in the past compared with 23% of women respondents in the survey of […]

College graduates housing aspirations are ‘unrealistic’



Most college graduates aged under 30 have painted an optimistic picture of their future, insisting they’ll be just as well off than their parents when it comes to housing, according to a new survey by the NHP Foundation. The nonprofit, which works to provide affordable housing for young people, said that even those graduates who’re […]

Baby boomers are refusing to budge



Baby boomers are increasingly choosing not to downsize their homes in retirement, according to a report by USA Today. Instead, many have decided to stay put in their existing homes, where they raised their families. But economists say their decisions are contributing to the problem of low inventory across much of the nation. Barbara Risman, […]

How to handle unexpected discoveries during an inspection



Sometimes inspections reveal a few unwanted surprises; here are some tips on how to handle it with a client Your clients have decided to sell. They’re eager to make their home look its best, get it on the market and, of course, receive top dollar for their property. Maybe they’ve done some landscaping or finally […]

The growing need for multigenerational homes



The average home could be in for a significant redesign due to the growing number of people looking for a property that can accommodate multiple generations. A recent survey from John Burns Real Estate Consulting shows that up to 41% of Americans are considering buying a home to accommodate either an adult child or an […]

Heads Up Sellers: Millennials Want to Fall in Love with a Home



Are you planning on selling your home in the near future? The first thing a prospective home seller usually starts thinking about is getting their home ready to sell. What kinds of updates should you consider? What improvements should you make, if any? Should you stage your home? These are all important questions to ask […]