Nearly 40% of homes in Dallas went to flippers, investors and builders last year Highest level since 2000 by Brena Swanson

The Dallas housing market is on fire as more investors, home flippers, developers and builders beat out home shoppers for houses. According to an article in The Dallas Morning News by Steve Brown, nearly 40% of the homes sold in the Dallas area last year didn't go to owner occupants. From the article, "That's the … Continue reading Nearly 40% of homes in Dallas went to flippers, investors and builders last year Highest level since 2000 by Brena Swanson

Underwater Borrowers Gain More Options by Aly Yale

Nevada is turning back the clock, once again allowing distressed homeowners to leverage mediation services during the foreclosure process. The state’s previous mediation program was set to end in June, but due to a sunset provision, concluded on December 31, 2016, instead. The sunset caused a six-month gap in which underwater Nevada homeowners had few options … Continue reading Underwater Borrowers Gain More Options by Aly Yale

How to Calculate Your Debt-to-Income Ratio Find the answer to the question, “What is my debt-to-income ratio?” By David Navarro

One of the many variables lenders use when deciding whether or not to loan you money is your debt-to-income ratio or DTI. Your DTI reveals how much debt you owe compared to the income you earn. Higher debt paired with lower income results in a higher DTI percentage, whereas lower debt with higher income yields a smaller … Continue reading How to Calculate Your Debt-to-Income Ratio Find the answer to the question, “What is my debt-to-income ratio?” By David Navarro