The national housing market looks to be in the best shape it’s been for years, with rising prices, increased sales and decreased inventories becoming common all over the US. Few would argue that a recovery isn’t under way, and now some commentators are predicting that housing could well pave the way for a broader economic recovery.
Young Adults are Moving Back Home
November 7, 2011 by
What with employments prospects looking ever gloomier for thousands of young adults across the nation, it’s little wonder that more of them are moving back in with mom and dad in an effort to cut housing costs. Recent data from the latest U.S. Census showed that young male adults in particular were finding moving back
Commercial Mortgage Delinquencies At All Time High
August 4, 2011 by
Trepp LLC, an analytical research firm, is reporting that U.S. commercial mortgage delinquency rates reached an all time high of 9.88% in July. According to Trepp, this is a new record for the commercial mortgage market. All of the ratings agencies have been reevaluating their ratings process and making changes. There is some concern that
