Jul 22nd 2011 11:26AM
Home ownership, long a central pillar of the American dream, seems increasingly unattainable for a growing numbers of households. Yet old views die hard, and nine out of 10 Americans still consider homeownership "an important part of the American dream," according to a June poll by The New York Times/CBS News. Indeed,... Continue Reading »
Mar 22nd 2011 12:10PM
A headline-grabbing article last week suggests that after three years of flat growth, apartment rents are poised to spike and may jump 10 percent by 2012. The piece, from CNN Money, bases its prediction of double-digit rent increases on pent-up demand from twentysomethings who were forced to move in with their parents... Continue Reading »
Mar 17th 2011 5:31PM
Warren Buffett knows best when it comes to financial matters, or does he? When it comes to understanding the housing crisis we often rely on the advice of financial experts, and wading through it all can be as hard as rowing upstream. And why not when you consider that experts like personal finance guru Suze Orman, and... Continue Reading »
Jan 31st 2011 4:35PM
Renting has long had some advantages over buying a home. One of the biggest may be that late rent payments don't ding your credit score like late mortgage payments do. But in 2012, that will change, as Lynnette Khalfani-Cox reports at our sister site, WalletPop.com. For years, renters who got behind on their housing... Continue Reading »
Dec 3rd 2010 11:08AM
Renting has always had its advantages over buying, but then this past summer, interest rates fell to an all-time low. However, home sales remained dismal at best. According to an article published by the "Washington Post," the average rate on a 30-year fixed mortgage tumbled to 4.69 percent, falling from an already low... Continue Reading »
