It is a question that most young people with limited funds as well as other buyers require to address from time to time. It is evident that when one buys real estate, the rental payable is saved and as the local saying goes, “you do not throw the rental money down the drain”. 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
A foreclosure sign tops a sale sign outside an existing home on the market in northwest Denver on Aug. 29, 2007. Denver is one of three metros where home prices have risen so quickly that renting a home carries lower risks going forward than buying, according to the latest Beracha, Hardin & Johnson Buy vs. […]
Over the past decade, as millions lost their homes to foreclosure, banks tightened mortgage standards and incomes took a hit in the recession, rents across the nation shot up much faster than renter's income. The result has been dramatically increased cost burdens on renters. Foreclosure News
The housing market contains numerous talismans and ciphers for those looking to predict what's next. Housing starts, homeownership rates, and spreadsheets full of statistics can help unravel the intricacies of the market. Foreclosure News
Losing a home to foreclosure has left such a bad taste with some former homeowners that they have lost much of their will and desire to go through the underwriting process to get approved for a new home loan – even though years may have gone by since the foreclosure episode. “I’ve seen people spend […]
Providing new guidance on the civil rights of renters, following a U.S. Supreme Court ruling last year that OK’d challenges to landlord policies that have… ABA Journal Daily News