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New FHA Rule Expected to Reduce Options for Buyers
When a new Federal Housing Administration rule takes effect next Monday, April 1 experts say that FHA backed mortgages will no longer be an option for many potential borrowers. HousingWire is reporting that the federal agency will no longer issue mortgage insurance for borrowers who have ongoing credit disputes totalling $1000 or more. Prior to this [… Read More]
Rents Rising, Vacancies Falling
We have been writing about a strong rental market here in Bend for almost a year now. Homes are being rented almost as fast as investors can buy them and fix them up. The property management side of Preferred Residential has had no problem filling homes with qualified tenants either. In fact, I can’t remember [… Read More]
