Featured News, US Real Estate

Will Zero Percent Interest Rates Force Older Homeowners Into Reverse Mortgages?

By Donna S. Robinson | November 21, 2012
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 […]
Residential, US Real Estate

More Retirees Planning to Stay in Home State, Survey Finds

By Michele Dawson | October 1, 2012
Many of us have an image of 60-somethings retiring, selling their house, and heading for the sun and sand of warmer climates. But a new study from PulteGroup finds that 62 percent of the Baby Boomers surveyed will stay in their home state — a 20 percent increase from just two years ago.
Mortgage, Real Estate, Residential, US Real Estate

Retirees Fall Foul of Tight Lending Standards

By Mike Wheatley | May 31, 2012
Decreased monthly incomes among retirees are making it more difficult for people in this age group to buy homes, as many are now unable to qualify for a mortgage now that lending standards have been tightened up.
Real Estate, Residential, US Real Estate

Things Looking Up in Florida?

By Mike Wheatley | May 12, 2011
While most realtors would tell you that the US property market is recovering very slowly, Pat Neal, a Manatee County developer, sees things quite differently. Since he first went into the construction business more than 42 years ago, he has lived through almost a dozen boom and bust cycles, and he says that the current one, which has lasted for 6 years now, is by far the longest he has endured.
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