
15 March 2024 | 7 replies
On the other hand, I could price competitively during the off season and hopefully get a boost from being a new listing.Interested to hear thoughts!

15 March 2024 | 1 reply
Buyers should expect more competition in the spring, but conditions overall should remain favorable compared to recent years.What if I’m a seller?

14 March 2024 | 16 replies
I would first look around at your competition and how the competing properties look.

15 March 2024 | 3 replies
Having knowledgeable boots on the ground is priceless when making quick decisions in a competitive market.

20 March 2024 | 175 replies
My teams there in Cleveland do 2 to 4 a month with me and I am just one lender they use.. so they are your competition :) Although they are particular where they buy they wont buy any hood stuff.

15 March 2024 | 14 replies
Secondary markets have also benefited from the growing competitive natures of markets like Atlanta, Charlotte, Raleigh, Dallas, Tampa and Jacksonville.

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.

14 March 2024 | 24 replies
The problem with areas of heavy saturation is that it's too late and these areas are depressed pricewise due to the competition.

14 March 2024 | 0 replies
-Consider hiring an experienced local real estate agent.Accurate Pricing:-Set a competitive and realistic asking price based on recent comparable sales found on the MLS.

14 March 2024 | 7 replies
Unlike the midwest, our inventory in Raleigh is very very low and highly competitive because of that.