In October 2017, the nation had a 3.9-month supply of existing homes for resale. That means, at the pace seen then, it would have taken 3.9 months to sell all the homes on the market. Foreclosure News
Why are people more inclined to rent than to buy? Let's take a deeper look at the rise in rentals and how it affects the housing market. Single-family rentals – either detached homes or townhomes – are developing faster than any other portion of the housing market. Foreclosure News
The not-so-good news: there's still a ways to go before the housing market is back to normal. And here's some silver-lining news: the once-in-a-generation housing crisis the U.S. has just endured may offer some lessons for dealing with future outbreaks of homeowner distress. Foreclosure News
Having a poor credit score doesn't necessarily mean that owning a home is beyond your reach. There are several types of mortgages that can work for borrowers with poor credit, and there are organizations that can help homebuyers get assistance with their down payment or find lenders willing to work with them. Foreclosure News
It appears lenders are getting more skittish about issuing mortgages to buyers of condominium units as the real estate market recovers from the housing bust, a time when lenders experienced a spate of foreclosures. It appears lenders are getting more skittish about issuing mortgages to buyers of condominium units as the real estate market recovers […]
While much of the U.S. housing market has been repaired since the end of the Great Recession, “in many neighborhoods,” according to advocates, “the foreclosure crisis isn't over yet.” As the effects of the housing crisis further recede, markers of distress are declining, with one notable exception: Among the batches of severely delinquent mortgages bought […]
Bottom Right Default State Name: Delaware State Name underscore: Delaware State Name dash: Delaware State Name lower underscore: delaware State Name lower dash: delaware State Name lower: delaware State Abbreviation: DE State Abbreviation Lower: de It is a continuously updated stream of news from around the web Visit throughout the day for the latest breaking […]
Dear Daliah: Any tips for tracking time better? Dear Readers: We have all faced the black-hole time warp. You worked 10 hours, but your billable hours only record 4.5. Where did all the time go? You were so busy that you had a granola bar for lunch at 4 p.m. just to soak up all […]
Ray Boshara is the director of the St. Louis Fed's Center for Household Financial Stability and a senior fellow in the Aspen Institute's Financial Security Program. The views here are his own. Foreclosure News
Television dramas have replaced foreclosures and short sales as the main motivator for amateur investors to try their hand at “flipping” a home. TV shows chronicle real-life decisions and ordeals as flippers learn costly lessons before finally selling the property and recouping their costs – plus, hopefully, a tidy profit. Foreclosure News