The company strived to be No. 1 and once churned out a third of all U.S. mortgages. But it’s cutting ties to outside lenders after years of regulatory struggles.
Florida’s demand for housing is skyrocketing! Thanks in part to its high job growth and affordability. In fact, The Sunshine State is currently the #1 migration state in the country. So why Florida and why build to rent? Imagine strong monthly profits, taking advantage of the trends in demand, and securing your cash flow with a diversified and stable tenant base. Find out more in this special report …
Today, Governor Ron DeSantis announced Florida’s unemployment rate dropped to a historic 2.7 percent in July as the state’s job creation skyrocketed. Florida’s July 2022 unemployment rate is the lowest since February 2020 and this level has only been reached three times since Florida began recording unemployment data in 1976.
On average, the U.S. housing market has seen price appreciation of 4.4% annually since 1991. High demand and low supply have accelerated price growth during the COVID-19 pandemic. In fact, single-family house prices grew by 18.7% from the first quarter of 2021 to the first quarter of 2022—the highest growth seen in at least 31 years.
Populations of cities and towns in the South and West regions of the United States still experienced the most growth from July 2020 to July 2021, with the top 15 fastest-growing cities or towns located in these regions, according to new population estimates for cities and towns, released by the U.S. Census Bureau today.
Every year, states across the country compete with each other for people and their wealth as millions of Americans move between states. The stakes are large. A growing population for the winners means an increasing tax base, economic growth and investment. For the biggest losers, it means more difficulties in paying down debts, higher taxes and fewer investments for the future.