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Facebook pledges $1 billion to combat Bay Area housing crisis

By Mike Wheatley | October 23, 2019
Facebook is the latest big tech company to pledge money to address the shortage of affordable housing affecting the communities its workers live in. The company says it’s committing $1 billion towards a variety of initiatives meant to tackle the problem, following similar pledges by Google and Microsoft. The initiatives come at a time when […]
US Real Estate

1 in 10 homeowners still underwater, says Zillow

By Mike Wheatley | August 22, 2016
Both urban and suburban communities have a significant share of homeowners in negative equity five years into the recovery, according to the new second quarter Zillow Negative Equity Report.
Featured News, US Real Estate

Is marijuana to blame for Denver's housing crisis?

By Mike Wheatley | October 16, 2015
Although marijuana has had a positive effect on the local economy, the state's largest city, Denver, has been hit by a housing crisis with many residents finding themselves priced out of the market due to rising home prices.
Real Estate, US Real Estate

Homeowners Haunted by Old Foreclosure Debt

By Allison Halliday | November 21, 2014
Many people who lost their homes to foreclosure between five and seven years ago have worked hard to repair their credit scores. Unfortunately just as things are getting better some are being chased by debt collectors for sums running into many thousands of dollars. They are being chased for the difference between the amount owed […]
Real Estate, US Real Estate

Things to Think About When Purchasing a Home

By Allison Halliday | November 4, 2014
Purchasing a home is the largest financial decision most of us will make so it’s important to do your due diligence. Things to take into consideration include the type of property you can afford, and which neighborhood will be best for you. It’s important to consider every point very carefully and to resist making an […]
Real Estate, US Real Estate

Number of Homes Underwater Falls to Just Over 10%

By Allison Halliday | October 6, 2014
During the second quarter of this year, nearly 950,000 homes went back into positive equity. This now means the total number of residential properties with equity is now 44 million. The level of borrower equity in the United States rose by approximately $1 trillion during the second quarter of 2014, compared to the previous year. […]
Real Estate, US Real Estate

Rents Still Rising in the Major Cities

By Allison Halliday | September 19, 2014
Even though the American Dream is still alive and kicking, growing numbers of people are renting their home. This is impacting realtors as well as home builders who have seen the numbers of buyers decline due to a combination of factors. These include the foreclosure crisis, and some people are choosing to rent rather than […]
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