The situation still isn’t ideal (and probably never will be) but now is a good time for people burdened with student debt to take another look at the possibility of homeownership. Not that there are a bunch of eager sellers looking to sell because there are not. There are reports that as the spring buying
2017 Home Ownership Rate Bounces Upward
News from the National Association of REALTORS® (NAR) has revealed that the share of Americans who own homes is steadily climbing. Home ownership has increased in the second quarter, seemingly reversing a sharp downward trend that began back in 2008.
Gun Control Begins In The Home
Homeowners can take a much more active role in controlling access to their guns as a way to avoid many of the accidental shootings that occur each year, and help deter some of the deliberate shooters, such as the Sandy Hook shooter, who apparently had easy access to his mother’s guns.
Will Zero Percent Interest Rates Force Older Homeowners Into Reverse Mortgages?
I can honestly say that the current state of the housing market in the U.S. is unlike anything we’ve ever seen in it’s history. Though the Federal Reserve has implemented one round of money printing after another, with unprecedented amounts of cash going to help bolster the secondary mortgage market, housing is still barely conscious
10 Reasons to Re-think Your Homeowners Insurance
Bad economic times, millions of people desperate for a place to stay, something to eat, the world can look at times like something out of the film The Grapes of Wrath. But, for the homeowner, property crime is not the biggest reason to think about home insurance, Mother Nature also weighs heavily where financial loss is concerned. You don’t have to live in Tornado Alley to have your life blown away. There are many more pitfalls today’s property owners have to evade somehow. Can you afford NOT to understand them all?
The Home Investment Dichotomy
We have been hammered with news stories over the past couple of years about the part of the American Dream that has to do with home ownership. Is home ownership still an aspiration, or is it just looked upon as another bad investment? Constant hype by the real estate industry, over decades, that homes are good INVESTMENTS, brought exhilaration in the real estate market as the investment factor drove it right up to the precipice, and malaise as the market tumbled down.
St. Louis and the Negative Equity Woes
Across the country house prices are still on the decline for the most part. And nowhere is this more evident than in St. Louis where more and more homeowners are “underwater” where their home’s actual value is concerned. According to Zillow, the people who owe more than their home is worth continues to rise, with one in three mortgages being upside down now.