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Foreclosure Starts Dip to 10-Year Lows

Foreclosure Starts Dip to 10-Year Lows DAILY NEWS The foreclosure crisis is continuing to fade. RealtyTrac’s U.S. Foreclosure Market Report for November showed that foreclosure filings – which include default notices, scheduled auctions, and bank repossessions – fell nearly 10 percent month-over-month and are down more than 7 percent from a year ago at 104,111...... Read More

The Microkitchen: An Urban Trend?

The Microkitchen: An Urban Trend? DAILY NEWS Kitchens have become grand – filled with large granite islands and a spacious area for entire families to gather besides just for cooking. But in urban tech centers, kitchens are increasingly getting a makeover from younger owners who are desiring a smaller, high-tech area. Read more: ‘Tiny Condos’...... Read More

Half of Renters Are Struggling to Afford Rent

Half of Renters Are Struggling to Afford Rent DAILY NEWS The rental affordability crisis is showing signs of worsening: Nearly half of all renters are struggling to pay their monthly payments, according to a new report by Harvard’s Joint Center for Housing Studies. Financial experts usually recommend keeping housing costs around 30 percent of a...... Read More

How Will Higher Rates Affect Housing?

How Will Higher Rates Affect Housing? DAILY NEWS Time is ticking: The Federal Open Market Committee is less than a week away from what most analysts predict will be a vote to raise the federal funds rate for the first time since June 2006. An uptick in the federal funds rate would then prompt interest...... Read More
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