Author Archive

Half of all Renters Spend 30% or More Income on Housing

Freddie Mac reports that residents of apartment communities that include five or more rental units currently make up 15 million U.S. households — a figure that is expected to climb with shifting Read More »

Closing a New Generation Gap in real estate based on Baby Boomers

Economists who predict underperformance in real estate based on Baby Boomers downsizing are overlooking another huge demographic trend. Each day about 8,000 baby boomers turn 65, and many of them Read More »

Brokerages are attracted by perks of ‘Cloud Office’

Virtual real estate brokerage models have been around for years, but because they fail to meet the social and collaborative needs of agents, they often are found to be isolating and uninspiring. Real Read More »

Higher Home Prices Lead to More Sales

If home prices edge higher, the housing market will see higher home sales, according to a new paper by two senior economists with the Federal Reserve Bank of San Francisco. The economists note that Read More »

Heading in 2014 Where Are Mortgage Rates heading?

Mortgage rates will likely rise above 5 percent in 2014 and average 5.3 percent by the end of 2015, according to the Mortgage Bankers Association’s forecast. That would mark a big jump over Read More »

From Negative Equity 2.5M Mortgages Emerge

More home owners are edging above water with their mortgages: 2.5 million U.S. properties emerged from underwater or negative equity in the second quarter, according to CoreLogic. The total number of Read More »

Home Ownership Barriers Vary by Age

Many Americans are still facing obstacles in buying a home. But depending on the age group, the biggest hurdle can be quite different, according to the Country Financial Security Index, which Read More »

Under HAMP more Homeowners are Receiving Principal Reductions

As of September, more than 1.2 million homeowners have received a permanent modification through the Home Affordable Modification Program (HAMP), according to Treasury Those granted permanent Read More »

Stellar jobs report is downer for housing

Employment is good for housing. No question. But it is just not as simple as that when it comes to today's unique housing recovery. This recovery needs more construction, more jobs for younger Read More »

The Richest Real Estate in the World

The title “world’s richest piece of real estate” may conjure up images of Rodeo Drive, the French Riviera or New York City’s Fifth Avenue, but it may actually be located in … Read More »