Some renters are being held back by “persistent home-buying myths,” according to the latest Insights Report from Bank of America, but other would-be buyers are getting the ducks in a row and considering when, where and even with whom to buy. Continue reading
Although prices seem to be moderating (at least in some markets), mortgage rates are still inching higher. Even so, people are still intent on owning a home, according to a new study. Continue reading
A new study found that, based on median incomes, single women can afford only two-thirds as much house as their male counterparts and that the highest earning ethnic group (Asians) can afford more than twice as much house as the lowest earning group (b… Continue reading
A new national poll, commissioned by flat-fee brokerage Purplebricks, found that real estate agents and journalists are among the least trustworthy professions in American consumers’ minds. Continue reading
A Congressional Budget Office report says over the next 10 years, it will cost Uncle Sam $19 billion to cover the cost of some $12 trillion in mortgage-backed securities Fannie and Freddie are expected to create. Continue reading
Section 8 of the Housing Act of 1937 aids some two million renters every year, but because many landlords still refuse to take on Section 8 tenants, the assistance program has not been nearly as successful as it could be. Continue reading