May 17, 2012 | Updated 11:26am

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Seniors Expected To Favor Renting Over Buying

May 16th, 2011

When it comes to the buy versus rent debate, it seems that senior citizens are more in favor of making rent payments over that of a mortgage – at least that’s what this nation’s homebuilders think.
A survey from the National Association of Home Builders (NAHB) during the first quarter found that builder confidence in the [...]

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Report Reveals ‘Stark Contrasts’ In Housing Affordability Between Races, Ethnic Groups

May 12th, 2011

For the first time in its history, the National Association of Home Builders (NAHB), together with Wells Fargo, measured housing affordability in metro areas between this country’s major races and ethnic groups.
The report looked at several metro areas in Massachusetts and determined the Housing Opportunity Index (HOI) for all races and ethnic groups combined [...]

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Americans Cautiously Optimistic About Housing Market

May 11th, 2011

Fannie Mae’s most recent national housing survey found that consumers are cautiously optimistic about the state of this nation’s housing market. That’s kind of like saying you might be okay base jumping without a parachute.
The survey said that consumers felt better about the housing market in the first quarter than they did in the previous [...]

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HUD Teams Up With Germany To Promote ‘More Livable Communities’

May 10th, 2011

The latest project to come out of the Department of Housing and Urban Development (HUD) is its teaming up with Germany’s Ministry of Transport, Building and Urban Development (BMVBS) to promote more sustainability in the United States.
As it turns out, we Americans aren’t the only ones trying out this whole sustainable living idea. In the [...]

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Surprise, Surprise! Homeowners Schooled On Mortgages More Likely To Make On-Time Payments

April 27th, 2011

In another stunning revelation from those in the mortgage industry, we have learned that potential homeowners who participate in prepurchase education and counseling programs may be more likely to pay their mortgages on time.
Hmmm…who would have ever thought that being educated about mortgages might actually lead to better decision making when it comes time [...]

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A Look At The Housing Market – Five Years After The Bubble Burst

April 12th, 2011

Even with declining home values and a market that at times doesn’t seem like it will ever recover, Americans still believe in the investment value of homeownership, according to a recent study by the Pew Research Center.
More than three-quarters (81 percent) of consumers agree that buying a home is the best long-term investment a person [...]

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Investigation Reveals Banks Discriminate Against Foreclosed Properties In African-American Neighborhoods

April 11th, 2011

One foreclosed home is the same as the next…right? Not so, according to a recent investigation by the National Fair Housing Alliance (NFHA).
The investigation found that financial institutions are discriminating in the treatment of bank-owned properties, with greater care being taken to maintain and secure properties owned in white neighborhoods than they do in African-American [...]

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Celebrate! It’s Fair Housing Month!

April 7th, 2011

Every month has become known as “such and such” month, and April is no exception to the rule. But for you real estate-minded folks, April is the time to celebrate Fair Housing Month.
For those of you real estate nerds, here are some fun Fair Housing facts:
· April 2011 is the 43rd anniversary of President Lyndon [...]

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How Far Would You Go To Pay Your Mortgage?

April 6th, 2011

If you think you’ve seen it all, I’m here to tell you there’s at least one thing left to see. Adzookie.com, a mobile advertisement company, will pay your mortgage if you let them paint an advertisement that covers the entire front side of your home.
I always thought it was kind of crazy when people [...]

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Walking Away From Your Mortgage? Not So Fast

April 5th, 2011

Defaulting on your home loan used to be a hush-hush topic … you know, back in 2004. But now it’s not uncommon for your neighbor to talk about how he just doesn’t want to pay his mortgage anymore.
What that neighbor of yours doesn’t know is that most Americans – 60 percent – don’t agree with [...]

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