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Section 8 housing voucher form

Housing Choice Vouchers (Section 8 Rent Assistance) Are Not A “Lawful Source of Income” In Wisconsin

Posted by Tristan R. Pettit, Esq. in Fair Housing / Discrimination, Protected Classes, Screening Tenants I am often asked whether or not a landlord is able to legally decline to rent to a tenant that is receiving "rent assistance." I believe that the primary reason that landlords are unsure of the answer to this question is because Wisconsin's Open Housing Act (Sec. 106.50, Wis. Stats.) prohibits a...

A simple house plant sitting on a small living room table

5 Indoor House Plants to Consider for Your Staging

Plants can help brighten indoor spaces and may offer other mental and physical health benefits. As such, it’s no surprise indoor plants are one of the favorite accessories of home stagers. Research has linked indoor plants with reduced stress, increased productivity, and improved quality for the home’s air. Some of the most effective house plants to improve the air quality are areca palms, Boston...

New home being constructed

Builders Rush to Produce More Homes

Homebuilders started on more homes at the end of the year, up by double-digit margins and the highest construction numbers since September 2006. But rising lumber prices and increasing regulatory costs pose risks to future production, the National Association of Home Builders notes. Overall housing starts, reflecting single-family and multifamily construction, rose 5.8% in December 2020 to a seasonally...

An African-American man and woman moving into a new house together

Report: Minorities to Fuel Household Growth

All net household growth over the next two decades will be from minority households, a new report released from the Urban Institute finds. Between 2020 and 2040, researchers project about 16.1 million net new households will be created. In that time period, Hispanic households are expected to increase by 8.6 million, Black households will grow by 3.3 million, and households of other races—mostly Asian...

Close up image of someone writing a check to their mortgage company

Mortgage Rates Continue to Hover Near Record Lows

For nearly a year, mortgage rates have remained near historic lows. The 30-year fixed-rate mortgage fell this week to average 2.77%, Freddie Mac reported. Its lowest average on record was 2.65%, recorded earlier this January. “We’re now seeing rates fluctuate a bit as political and economic factors drive Treasury yields higher,” says Sam Khater, Freddie Mac’s chief economist. “However, we...

The United States white house

Biden Sworn In, With Real Estate on Agenda

Joe Biden was sworn in as the 46th U.S. president on Wednesday, taking the reins in the nation’s response to the COVID-19 pandemic and the ensuing economic shakeout, a deeply divided country, and a host of other challenges. But he’s already signaled that several real estate issues are on his administration's to-do list. The National Association of REALTORS® applauded Biden's inaugural speech that...

Map of the United States representing real estate community associations by state

Record Number of Homeowners Live in HOA Communities

A new housing report shows 73.9 million Americans reside in a community with a homeowners association or condominium board. That is more Americans than ever, according to the Foundation for Community Association Research. California now leads the nation with 49,200 associations, followed by Florida, with 48,500; Texas, with 21,000; Illinois, with 18,800; North Carolina, with 14,100; and New York, with...

Retired couple on a deck overlooking water toasting each other with champagne

Remote Workers May Seek Retirement Housing Early

As more work is done remotely, some Americans are deciding to make an early move to their retirement locale. Many employers are offering employees the option to work from home for the rest of the year due to the COVID-19 pandemic, and some have adopted remote work as a permanent option. Freed from the bounds of a commute, many older Americans are deciding to move now. “The pandemic was unexpected,...

Small collection of new homes along a typical city street

Investors Ready for ‘Bonanza’ in Housing

Single-family landlord giants are expecting a surge in repossessed homes as millions of homeowners have fallen behind on their mortgage payments and may be at risk of losing their homes once eviction moratoriums end. The Wall Street Journal reports that landlords are waiting for a “potential bonanza” of distressed properties as well as the emergence of a new wave of renters. About 3.5 million...

Statistics detailing how home sales have hit 2006 levels and 'continue to amaze'

Home Sales Hit 2006 Levels, ‘Continue to Amaze’

Home sales climbed in August to the likes of the 2006 housing boom days, despite the COVID-19 pandemic. Existing-home sales in each of the four major regions of the U.S. saw month-over-month and annual growth, the National Association of REALTORS® reported on Tuesday. The Northeast saw the largest monthly improvement in home sales. Housing inventories continue to remain tight, putting upward pressure...

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