20 March 2024 | 21 replies
Pricing in LA has been resilient recently and historically, and is trending upward.
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19 March 2024 | 1 reply
And let me tell you, seeing that transformation unfold was nothing short of magical.Today, 639 Plymouth Rd is a shining example of resilience and triumph.
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22 March 2024 | 88 replies
Here are some situations where it might make sense, along with considerations for how long one might wait for the situation to improve and what margins might be acceptable for a flip:Expectation of Significant AppreciationStrategic Value or Unique OpportunitiesMarket Rents Expected to IncreaseFix-and-Flip with No Rental StrategyConsiderations Before Buying with Negative Cash Flow:Financial Resilience: Make sure you have enough cash on hand to meet the shortfall without endangering your overall financial situation.exit Strategies: Establish practical, well-defined exit strategies.
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17 March 2024 | 4 replies
Economists are starting to publicly call for the Fed to cut rates, seeing that the Fed is putting at risk the resiliency of the economy.
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14 March 2024 | 2 replies
That trend stopped after the 70's but manufactured housing was a major contributor towards creating stable affordable housing.If we want to tackle our housing shortage we need to get serious about it.Here is a quick summary of the HUD changes: HUD Actions for Manufactured Homes and Communities:HUD announces a comprehensive set of actions to increase availability and affordability of manufactured homes.These actions are part of the Biden-Harris Administration's Housing Supply Action Plan.Manufactured housing is a key component in the strategy to boost housing supply and reduce costs.Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Program:HUD launches the PRICE Program, a $225 million competitive grant opportunity.The program aims to preserve and revitalize manufactured housing and communities.Funding supports repairs, rehabilitation, replacement of units, infrastructure upgrades, and community resilience.Available to states, local jurisdictions, tribes, nonprofits, community development finance institutions, and other eligible entities.FHA Draft Policy for Manufactured Home Communities:FHA posts a draft policy to solicit public feedback.The policy aims to promote stability and affordability for individuals and families in existing manufactured home communities.Allows resident-owned cooperatives and mission-oriented borrowers to access FHA-insured financing for purchasing or refinancing.Updates to FHA's Title I Manufactured Home Loan Program:HUD announces updates to FHA's Title I Manufactured Home Loan Program.New methodologies for calculating loan limits to align with current market pricing.Expects the new loan limits to incentivize more lenders to participate and expand program usage by buyers of manufactured housing.Annual Recalculation of Title I Loan Program Limits:FHA will recalculate Title I loan limits annually to keep pace with home price changes over time.This ensures that the loan limits remain aligned with market conditions.Ginnie Mae's Title I Loan Securitization Program:Ginnie Mae takes steps to reinvigorate its Title I Loan Securitization program.Revisions to financial eligibility requirements for Title I Issuers to reduce barriers and increase lender participation.HUD's Ongoing Support for Manufactured Housing:These actions build on HUD's continuous efforts to support manufactured housing.Earlier actions include a proposed rule for the Community Development Block Grant (CDBG) program emphasizing the needs of manufactured housing communities.Recent Updates to CDBG Notice:HUD updated the CDBG in Support of Housing Activities notice to allow the use of funds for acquisition of manufactured housing units, services to homeowners, and investments in infrastructure and resilience for manufactured housing communities.
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16 March 2024 | 58 replies
Tourism's Resilience: The tourism sector has historically bounced back from economic downturns.
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14 March 2024 | 12 replies
I'd like your opinion on how the Blue and Green Corridor Project/Gentilly Resilience Project will affect the neighborhood, i.e., positively impacting urban development and flood insurance premiums.
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12 March 2024 | 0 replies
That gives me a good idea of how diverse and resilient it is.
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11 March 2024 | 16 replies
This approach not only simplifies your journey but also helps you stay resilient amid the inevitable ups and downs of the market.
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11 March 2024 | 19 replies
Pueblo Metro generally is more volatile than the Colorado Springs Metro, meaning that The Springs is more resilient to market fluctuations, and therefore in my opinion would be the smarter bet.