Renters creating headway? Nah.

From Genuine Estate Weekly:

Study: NYC renter earnings expanding faster than rental prices

Although the rent could too damn higher, it seems renters in New York City have grown far more resilient.

According to the US Census Bureau’s most recent

Welcome back old pal!

From the WSJ, Hat Tip Moose:

Freddie Mac Begins Pilot System With Looser Requirements

Mortgage-finance giant Freddie Mac and two nonbank lenders are loosening earnings and documentation needs for mortgage applicants in a new pilot plan.

The alterations announced Monday

Feeling wealthy?

From Dow Jones:

House Rates Help Lift U.S. Household Wealth to Record

The net worth of U.S. households set a record of $ 89.1 trillion in the second quarter, driven by a buoyant stock marketplace and a steady resurgence of

Purchasing a property without having even viewing it: Roughly 1 in five homebuyers make an offer with out seeing house in particular person. Full Residence residence not too long ago sold in San Francisco.

Getting a house without having seeing a house in individual is like marrying a particular person by only viewing their Tinder profile.  But residence horny people are ready to hump away their savings and lock into a 30-year mortgage matrimony.  …