Housing affordability, debt, holding back prospective buyers



Affordability pressures, student debt and general confusion about down payment requirements prevented many aspiring homeowners from reaching the market in 2016.

How Total Debt Affects the Housing Market



By far, home mortgages remain the biggest share of American consumer debt at $8.854 trillion. However, total consumer debt is at $12.252 trillion. After homes mortgages, the largest debt owed by consumers is college loans at $1.261 trillion. Next comes car debt that stands at $1.071 trillion, followed by credit card debt at $712 billion. […]

Renters more Burdened by Household Costs than Homeowners



Housing cost burdens are mostly dropping among home owners, but they continue to strain renters, according to a recent analysis by the Harvard Joint Center for Housing Studies of the data.

Is Debt The Biggest Barrier To Home Ownership?



Debt — like student loans and car payments — can create the biggest barrier to home ownership, more so than saving for a down payment, according to a new analysis by RealtyTrac.

Tips and Tools for Simplifying Your Finances



One of the most difficult organizational tasks for many people is getting hold of and managing their personal financial data. The economy and other demands on household and personal finance are one thing, but simply organizing bank accounts, credit cards, interest rates, and a myriad of other finances to be juggled… Well, you already understand.

Fiscal Cliff “Deal” Highly Unlikely, Grab Your Parachute, Get Ready To Jump



The idea that President Obama and House Speaker John Boehner are going to come to some sort of legitimate “compromise” to avoid the so called “fiscal cliff” is akin to expecting the NFC and AFC winners to come to a negotiated agreement over which team will be the winner of the superbowl.

Do Rising Interest Rates In Spain Offer Early Preview Of U.S. Future?



When it comes to the housing market, housing prices, and money for real estate, few things can impact U.S. housing like rising interest rates would. In fact, were it not for the already extreme efforts of the Federal Reserve, interest rates for mortgages in the U.S. would probably be above 6% already.

More Australian Home Owners May Be “Under Water” in 2012



Real Estate experts expect Australia’s home prices to continue to fall in 2012, and that means more  homeowners may find themselves “under water”. Those homeowners who have negative equity, owing more than the original cost of their homes, is still a small percentage, but it is expected to grow as home prices drop. Australia’s real […]

Irish Banks Must Find $18.4 billion to Pay Real Estate Debt



Banks in Ireland are in a world of hurt, if a stress test performed by the Irish Central Bank is anywhere close to reality.  According to the results, Irish banks may need at least $18.4 billion USD or 13 billion Euros to cover all of the debt from bad real estate deals. Last year the […]

ProLogis AMB Merger Solves A Wealth of Problems



In news from the commercial sector, Denver based ProLogis, and AMB Property Corporation of S.F. announced on Wednesday their merger negotiations. These two publicly traded companies are the two largest players within the warehousing and distribution center realm. Some experts suggest the merger is nothing more than an effort to make economies of scale more reaonable for the two. ProLogis has lost millions due to logistic nightmares and other such inefficiencies spotlighted by the financial crisis worldwide.

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