Tag: paved

HOME VALUES

How The Fed Paved The Way For The Biggest Real Estate Investment Opportunity Of Our Lifetime

2 months ago
[email protected]_84

Dave Friedman is Co-Founder and CEO of Knox Financial, the smart and frictionless way to turn a home into an investment property. 

News coming out of the Federal Reserve often goes pretty much unnoticed to everyone except professionals in economics, finance or real estate. As everyday Americans begin to consider how to plan for their financial futures in 2021 and beyond, a couple of recent moves at the Fed are worth a closer look. 

First, the Fed told us it was “not even thinking about thinking about raising rates.” Then, in September the Fed announced a near-zero policy through the end of 2023. The reason for this, it cites, is a goal of lowering unemployment. The Fed’s mission is to support full employment while controlling inflation. With the official U.S. unemployment tally coming in at more than 10 million (and some estimates as high as 30 million), the

… Read More

CONDOS FOR SALE

Ruth Bader Ginsburg’s role in getting women fair access to mortgage loans paved the way for female homeownership to rise

3 months ago
[email protected]_84

After buying a condo in southwest suburban Lemont last fall, Brittainy Barattia not only signed her name on the dotted line, but also her marital status.

“When you sign your homeownership paperwork, there are several times when you have to sign the state of your marital status,” she said. “And they have to read it to you, so it would be like, ‘For Brittainy Barattia, a single woman, Brittainy Barattia, a single woman.’ I’m like, ‘Mmm hmm, I get it. My mom gets it, too — she is hearing you right now.’”

Single women in the United States have outpaced single men when it comes to home ownership since the late 1980s, according to U.S. Census Bureau data. But it wasn’t until legal battles and a law guaranteeing equal access to credit passed just a few years earlier that women could buy homes independently.

And among the women who helped

… Read More