Since 1965, U.S. has seen the biggest one year drop in home ownership. The main reasons are
Foreclosure
Mortgage
A recently released government report confirmed it. The Census Bureau report clearly showed that homeowners owned 67.8% of occupied homes in the U.S. A year earlier it was 68.9%. This drop in ownership rate is the highest year-over-year drop. […]
Prices are falling down, but the price is still far from affordable from the middle class. Most of them still cannot buy homes of their own.
According to a recent report by the Center for Housing Policy, despite the decreasing house prices, middle class in America is not able to buy a house for themselves because […]
A recent Freddie Mac survey revealed that housing values have fallen 1.3 percent in the whole nation in the third quarter of 2007. This is the biggest quarterly drop in the housing values in 25 years.
In the “Survey of home purchases and mortgage refinance appraisals,” Freddie Mac found out this fact which may intensify the […]
The U.S. real estate investment trusts are in trouble. The takeovers and the property values are reducing. At the same time higher borrowing costs is taking it’s toll on REIT.
REIT stock have always performed well during the last few years. They performed better than the Standard & Poor’s 500 index. But this year the scenario […]
How much did you pay last time for the property tax? Ok, fine. Are you ready to pay for this year. You are ready! Ok, fine. But how much do you may need to pay this year? How much percent increase may be there this year? It may double this year from the previous one. […]
