Housing Prices Aren’t Coming Down According To Realtor.com

Housing prices aren’t coming down anytime soon according to realtor.com. In its latest housing report, the take-away is housing prices around the country remain at record highs as we move towards year-end. The U.S. median home price hit $350,000, a 12.9 percent year-over-year increase. Consider that’s the largest annual price growth since 2017.

Climbing prices have not kept buyers away. “This an unusual Fall market because it’s October and we are still seeing lots of buyers. The low-interest rates mean buyers can qualify for higher-priced homes which drives up market prices,” notes Danielle Hale, chief economist for realtor.com. “It does not appear prices are coming down anytime soon,” Hale adds.

The numbers showed 21 continuous weeks of median listing prices rising. Inventory declines were slightly down. This is a small sign “sellers may be staying in the market”, according

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Debt Collectors Have Made a Fortune This Year. Now They’re Coming for More.

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Earlier this year, the pandemic swept across the country, killing 100,000 Americans by the spring, shuttering businesses and schools, and forcing people into their homes. It was a great time to be a debt collector.

In August, Encore Capital, the largest debt buyer in the country, announced that it had doubled its previous record for earnings in a quarter. It primarily had the CARES Act to thank: The bill delivered hundreds of billions of dollars worth of stimulus checks and bulked-up unemployment benefits to Americans, while easing pressures on them by halting foreclosures, evictions and student loan payments. There was no ban on collections of old credit card bills, Encore’s specialty.

At the same time, the pandemic compelled households to

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Tiny homes coming to Kalamazoo’s Northside neighborhood as affordable housing solution

KALAMAZOO, MI — The first phase of the Tiny Houses of HOPE project will break ground in Kalamazoo on Thursday, Oct. 8.

The first phase will focus on Kalamazoo’s Northside neighborhood adding six tiny homes and a center for wrap-around services for the nonprofit Helping Other People Exceed (HOPE) thru Navigation.

The $500,000 project has been years in the making as HOPE Thru Navigation founder Gwendolyn Hooker was adamant about creating an affordable housing solution for the population her nonprofit serves.

Related: Affordable tiny home neighborhood planned in Kalamazoo

The tiny homes will be available for those who have been incarcerated, have at least one year of sobriety under their belt and are currently employed. Hooker said she already has 200 candidates in Kalamazoo who fit this description.

Through her work at HOPE thru Navigation, Hooker said she was continually seeing clients couch surfing because they were turned away from

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New residential community coming north of Fort Worth will bring 1,000 homes

A new residential community on the way north of Fort Worth will bring more than 1,000 homes.

The Ridge at Northlake is on Robson Ranch Road near the town of Northlake in Denton County. Its first phase will include 267 home sites and a four-acre community center with a swimming pool and splash park.

Houses in the development will be priced from the $300,000s.

Future plans include an adventure park for young children and teens, a second amenity campus with a pool, outdoor game areas and lawns and an extensive community trail system.

McKinney's new Painted Tree community is planned to have more than 3,000 homes.

“When planning The Ridge, we knew we wanted to push the notion of what an active neighborhood could mean for families,” said a statement from Ryan Huey, vice president for corporate land investment for builder Taylor Morrison Homes and managing partner for The Ridge. “We wanted to create a place where you and your family could thrive,

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