Jan 18th 2012 3:52PM
With home prices still sliding in the wake of the housing bust and credit as tight as ever, rental prices continued to increase at a fast pace this year. Rental prices in the top 20 most-populated metro areas climbed 3.75 percent in 2011, while home prices dropped by 1.83 percent, according to a report by HotPads.com, a... Continue Reading »
Oct 18th 2011 1:15PM
Despite the most affordable buying market in decades, households across the country are slowly choosing rentals versus homeownership, signaling a positive economic trajectory for the multifamily sector, according to Freddie Mac's October 2011 economic outlook report, released Monday. In the year ending June 2011, the... Continue Reading »
Jul 7th 2011 12:10PM
The average consumer expects home prices to decline by at least 0.5 percent in the next 12 months, according to a new monthly consumer survey from Fannie Mae. That forecast reverses the trend from May, when most consumers interviewed by the government-sponsored enterprise said that they expected at least a slight home... Continue Reading »
Jun 8th 2011 3:10PM
When Dr. Alexis Roettinger returned last year to Newport, R.I., she knew it was worth it to buy a house. After completing her medical residency in Buffalo, N.Y., she had landed a new job at the local hospital in the seaside city where she grew up. Roettinger, 35, knew she'd be staying a while. To save money for a down... Continue Reading »
May 17th 2011 12:11PM
After the housing bubble burst, thousands of families found themselves saddled with underwater mortgages, peak interest rates and a serious shortage of qualified buyers. For the first time in several generations, renting seemed like a welcome alternative for struggling homeowners. But depending on where and how you're... Continue Reading »
