homeowners
August 18, 2023 | Travis Gillmore
2 More Insurers Fleeing California, More Than 50,000 Homeowners to Lose Coverage
With the wildfire season ramping up—as hot, dry weather combines with high winds—many California residents are reporting their nerves are on edge due to recent fires in Maui and a series of blazes currently impacting Oregon, and now more than 50,000 families will be looking for new insurance after another two companies recently announced they […]
July 11, 2023 | Andrew Thomas
Americans Concerned About Emergency Savings
As the prospect of an economic recession looms, more and more Americans are having to assess the status of their emergency savings. According to a new report, more than half say they’re uncomfortable with the amount they have in the bank.
February 13, 2023 | Don Ma
More Homeowners Take Out Equity Loans Despite Cost Up By $200 Per Month: Analyst
Homeowners are increasingly tapping their equity, according to data from Transunion, more than 330, 000 home equity loans were taken out in the third quarter of last year. That’s about a 47 percent increase from the same quarter in 2021. Years of rising home values have made home equity a tempting option. Banks also granted […]
January 26, 2022 | The Center Square
New Jersey Using $325 Million in Federal Money to Help Homeowners Pay ‘Housing Cost Delinquencies’
New Jersey officials plan to use $325.9 million in federal Homeowner Assistance Fund (HAF) dollars to provide financial help and counseling for homeowners financially impacted by COVID-19. The Emergency Rescue Mortgage Assistance Program (ERMA) provides up to $35,000 for homeowners to pay “housing cost delinquencies,” including mortgage arrearages and delinquent property taxes. The New Jersey […]
May 30, 2017 | Colin Fredericson
Home prices rise, outpace income growth
WASHINGTON (AP) — U.S. home prices climbed in March at the strongest rate in nearly three year as a dwindling supply of houses for sale is causing prices to significantly outpace income growth. The Standard & Poor’s CoreLogic Case-Shiller 20-city home price index released Tuesday rose 5.9 percent over the past 12 months ended in […]
May 8, 2017 | Colin Fredericson
Some Georgians stay put despite wildfire
ST. GEORGE, Ga. (AP) — The wildfire burning for weeks in southeast Georgia’s Okefenokee Swamp had gotten so close that Mason Pair could see its orange glow through the trees as large flakes of ash rained down around his home in St. George. Facing an evacuation order, Pair and his wife packed up their valuables […]
April 21, 2017 | Colin Fredericson
U.S. housing market at 10-year high
WASHINGTON (AP) — Americans purchased homes in March at the fastest pace in over a decade, a strong start to the traditional spring buying season. Sales of existing homes climbed 4.4 percent last month to a seasonally adjusted annual rate of 5.71 million, the National Association of Realtors said Friday. This was the fastest sales […]
March 28, 2017 | Colin Fredericson
January U.S. home prices highest in last 2.5 years
WASHINGTON (AP) — U.S. home prices jumped in January from a year earlier at the fastest pace in nearly 2 ½ years, as a tight supply of houses for sale spurred bidding wars in many cities. The Standard & Poor’s CoreLogic Case-Shiller 20-city home price index, released Tuesday , increased 5.7 percent in January, the […]
March 22, 2017 | Mark Ross
US housing prices up due to strong market
U.S. home resales fell more than expected in February amid a persistent shortage of houses on the market that is pushing up prices and sidelining potential buyers. The National Association of Realtors said on Wednesday (March 22) existing home sales declined 3.7 percent to a seasonally adjusted annual rate of 5.48 million units last month. […]