This article digests the major housing developments that occurred in 2020 and details firsttuesday’s forecast for 2021.
2020 in review and a forecast for 2021
read more
Creating Carryback Financing
Secure the most efficient structuring for a seller’s extension of credit to a real estate buyer, every time. Stay current on the latest news, videos, forms, and updates for Creating Carryback Financing.
Recent updates to the course e-book
No Corrections Currently Reported.
Newly published related content
Mortgage credit availability inches higher following 2020’s steep decline
The Mortgage Credit Availability Index (MCAI) is 30% below pre-pandemic levels.
Commercial, multi-family mortgage originations set to decline by one-third in 2020
While experiencing significant losses in 2020, the commercial and multi-family mortgage industry escaped the worst of experts’ original predictions.
2020’s struggling jobs market foreshadows declining home prices in 2021; Monthly Statistical Update (December 2020)
A second jobs recovery is needed to sustain the housing market; Californians drop out of the labor force; California home prices jump with low turnover and lower interest rates
Rate of unbanked households to rise in 2020
The FDIC expects the number of unbanked households to rise in 2020-2021 due to the major income losses experienced during the 2020 recession.
IRS announces new tax rates for 2021
An overview of the IRS’s inflation adjustments for the 2021 tax year.
Poll: Is the 43% debt-to-income (DTI) ratio threshold a strong indicator of a homebuyer’s ability-to-repay?
As the CFPB weighs eliminating the DTI requirements from the QM standards, let other readers know where you stand.
CFPB sets crosshairs on DTI requirements for new QM criteria
The Consumer Financial Protection Bureau (CFPB) is shaking up the mortgage market with its new proposal for qualified mortgage (QM) criteria.
Tax Benefits of Ownership: tiered tax rates for profits
This updated excerpt from the forthcoming edition of Tax Benefits of Ownership covers the basics of profit reporting on the sale of real estate, including long-term and unrecaptured gains. The batching and taxing of gains Income tax knowledge by real estate agents is...