The highlight was him mentioning that he and Michelle lived with her mother for two years before buying a starter condo:
Obama on Housing
by Jim the Realtor | Aug 7, 2013 | Loan Mods, Local Government | 1 comment
by Jim the Realtor | Aug 7, 2013 | Loan Mods, Local Government | 1 comment
The highlight was him mentioning that he and Michelle lived with her mother for two years before buying a starter condo:
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Americans are holding on to their homes longer, and that is helping drive house prices to near record highs
The typical homeowner in 2020 had remained in place for 13 years...well ahead of 2010’s reading of 8.7 years
$ITB $XHB $HD $LOW
https://www.wsj.com/articles/housing-market-stays-tight-as-homeowners-stay-put-11611226802?reflink=desktopwebshare_twitter via @WSJ
Extended monthly so it doesn't seem permanent: https://www.fhfa.gov/Media/PublicAffairs/Pages/FHFA-Extends-Foreclosure-and-REO-Eviction-Moratoriums-1192021.aspx
Ending the step-up basis on inherited homes would benefit brokers, as would a $15,000 tax credit proposed by Biden for anyone buying a home after not owning one for three years. President Joe Biden’s real estate checklist https://therealdeal.com/miami/2021/01/20/president-joe-bidens-real-estate-checklist/?utm_medium=social&utm_source=twitter&utm_campaign=single_content_share
Why isn’t NAR handling this?
http://www.latimes.com/business/la-fi-zillow-obama-20130808,0,6246555.story
Realtors are getting run over by more aggressive players, and our destiny will be determined by others, at this rate.