Young home buyers contribute much to the real estate sales than any other age group. However, faced with student loan debt, stagnant salaries, competition from speculative buyers and many other reasons, the American Dream is becoming a nightmare for many of them. One of the biggest obstacles in the home buying market is the …
Author: elegant
We have to sell the home we live due to various reasons. Changing jobs require many of us to move out of the area. As we get older and siblings leave the nest, we need to downsize our living arrangements. Some may have to buy a larger home for different reasons. Whatever the case may …
Retiring with a mortgage is one painful impact that we all face. If you want to maintain a home when you retire with a mortgage, few options are available for you to consider in lowering your single biggest expense during the retirement. Your mortgage should not exceed more than 40 percent of your retirement income. …
For years, retirement was the milestone where you pay off or plan to pay off your mortgage debt. However, an increasing number of Americans are either reaching the retirement or retiring with a mortgage debt. According to a recently released report, more and more Baby Boomers are retiring with a mortgage debt more than ever. …
Founded in 2005 by two former Microsoft executives, Zillow (www.zillow.com) is an online real estate data base that provides a mortgage market place, advice, services for mobile devices, market reports and neighborhood boundary maps. It has information on its data base for more than 110 million homes in the United States including current for sale …
Due to lower interest rates, somewhat lower home prices, increased inventory and host of other reasons, the U.S. home prices are going up. It appears that underwriters are also helping the boom and many see easing of underwriting standards to some extent. Competition among home buyers for trophy properties are also seen increased activity recently …
Five years later the collapse of Lehman Brothers still lingers in the real estate market in the United States and everywhere else. On September 14, 2008, Lehman was the fourth largest US investment bank but by early hours of September 15th it filed for bankruptcy, a victim of the financial meltdown. Isolating what cause the …