A huge surge in venture capital funding for real estate technology means digital innovation is on its way and begs the question, what kind of projects are being funded? Venture capital funding for real estate technology ballooned from $1.8 billion in 2015 to $12.6 billion in 2017. According to the annual report from RE:Tech, a [...]
A recent article from Managed Care magazine shows that many Americans are struggling to keep up with the high price of prescription drugs. Deciding whether you can afford to buy something you want, like a new dress or phone upgrade, can seem like a tough decision, especially if it is just out of your financial [...]
Should you have a transfer on death deed, a living trust or both? For this reader, it may be best to pursue all options available to them. Q: My father signed a quit claim deed in 2008 for my mother to be sole owner of their mobile home. Now, in 2018, she put him as [...]
Buying your spouse out of the house is not unusual, but take some consideration before getting a loan do so. Q: My ex-husband wants money before he signs the house over to me. We have no mortgage on the home. I’d like to know if I can take home equity loan just to pay him [...]
Rental market conditions, like vacancy rates in luxury rentals and scarce affordable housing, prompted state and local governments to offer incentives for developers focused on lower end properties, creating a rare investment opportunity. The recent State of the Nation’s Housing report illuminated rising vacancy in luxury rental units and a shortage of affordable rental housing [...]
Millennials are nearly 10 percent less likely to be homeowners than baby boomers or Gen Xers. What’s different about this generation of homeowners? Urban Institute’s comprehensive study on Millennial Homeownership found that Millennials are 8 percent less likely to be homeowners than baby boomers and 8.4 percent lower than Gen Xers in the same age [...]
What you need to consider before buying your first home later in life? From mortgage terms to tax deductions, there’s many decision to be made before buying your first home. Note: This post has been updated to reflect a correction to the amount of the 2018 State and Local Tax (SALT) deduction change in the [...]
Claiming home ownership through adverse possession: What you need to know in order to put the home in your name. How do you claim home ownership through adverse possession? What you need to know in order to put the home in your name? These are some of the most commonly asked questions about adverse possession. [...]
Is your email address wrecking your creditworthiness? A recent study found that a person’s digital footprint can predict their financial behavior. Did you know your cell phone or email address can reflect your creditworthiness and might limit your ability to take out a mortgage? According to a recent study from Frankfurt School of Finance & [...]
In this $idehusl Q&A with financial columnist Kathy Kristof, we discuss Millennial employees and how their need for side hustles are fueling the gig economy. As costs rise and wages stagnate, Millennial employees are struggling to earn enough money to live the way they want to live. Their solution? Side hustles that allow them to [...]
