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All articles tagged Housing (6)

Q&A with Splitero CEO Michael Gifford: An Insider’s Take on the Booming Home Equity Market

Q&A with Splitero CEO Michael Gifford: An Insider’s Take on the Booming Home Equity Market

Cash-strapped Americans are increasingly turning to home equity lines of credit (HELOCs) to finance their lives. In 2022, HELOC activity hit a 15-year-high. Activity for HELOCs has since cooled slightly from its 2022 peak, while remaining strong.  A HELOC allows you to borrow funds against the equity in your home. Inflation and wage stagnation combine to create economic stressors for many Americans, and HELOCs provide a way for consumers to boost their purchasing power while... read more »

The Salary You’ll Need to Pay the Mortgage On Famous TV and Movie Homes

The Salary You’ll Need to Pay the Mortgage On Famous TV and Movie Homes

In the entertainment world, iconic TV and movie homes have earned cult followings and captured our imaginations for decades. And in recent years, more of these treasured homes have been listed for sale — ahem, any bidders on Regina George’s "Mean Girls" mansion?  But what would it cost actually to live in one of these famed dwellings, and what annual salary would you need to earn to afford their mortgages? Apparently, a small fortune. Using Zillow’s estimated home... read more »

Breaking the 30% Rule: The Real Cost of Housing for Millennials and Gen Z

Breaking the 30% Rule: The Real Cost of Housing for Millennials and Gen Z

A general rule of thumb is that we should spend around 30% of our monthly wage on housing expenses. But how many of us are spending more - and how many of us are spending much more? Housing costs can put a strain on many of us. But it’s possible that they’re putting more of a strain on certain demographics than others.  To understand more about the financial challenges faced by different demographic groups in the United States, we conducted a survey of 1,002 consumers... read more »

Kukun’s iHomeManager Helps Homeowners and Investors Preserve and Grow Home Values

Kukun’s iHomeManager Helps Homeowners and Investors Preserve and Grow Home Values

If you've done online research as a current homeowner, you already know about the many web platforms dedicated to helping you purchase or sell. Kukun's iHomeManager is different because it's focused on making the most of what you already have. The iHomeManager is a free suite to help homeowners manage their home value, assess ROI for improvements, and maintain their property. The platform also allows residents to understand how neighborhood developments affect their home... read more »

RentHop Connects Property Owners and Agents with Renters Looking for Affordable and Desirable Housing

RentHop Connects Property Owners and Agents with Renters Looking for Affordable and Desirable Housing

If you're a rental property owner, manager, or agent, you know that connecting to reliable long-term renters is the name of the game. That dynamic also works in reverse, with prospective renters looking for properties that punch above their weight. In New York City and other large urban areas, RentHop connects those groups on a platform that leverages an algorithm to increase transparency and ensure everybody gets what they want. RentHop's HopScore and platform... read more »

The NHP Foundation Creates Affordable Housing Communities That Foster Family Self-Sufficiency

The NHP Foundation Creates Affordable Housing Communities That Foster Family Self-Sufficiency

The NHP Foundation (NHPF) works with local stakeholders in 16 states and the District of Columbia to meet the growing demand for affordable housing for families and seniors. It has developed, acquired, and renovated more than 18,000 housing units since 1989, and serves more than 25,000 residents in nearly 10,000 units. It also manages about 30 ongoing projects at all stages of development. Through the Family Self-Sufficiency Program, it facilitates family savings... read more »