ArchiveFebruary 2012

Mortgage Deal Good Start But Not Enough To Finish

Yesterday, a mortgage settlement was announced between Federal and State Governments and 5 major banks. The deal will require lenders to write down the mortgages of certain borrowers who are underwater. Homeowners who owe more than their homes are worth will see a reduction in the principal amount. The hope is this will curb the number of foreclosures and house prices will start increasing again...

The Generation Effect

There are many waves changing the tide of real estate. Among them are the Obama administration’s plan to convert foreclosed homes into rental units and the boom in the rent market from tech jobs. But the biggest factor shaping the rent market of the future might be demographics. As the Baby Boomers retire, there’s a new group ready to take their place. They are called Generation Y...

US Government Creates Investment Opportunity for 2012

Fighting the uphill battle of reviving a weak housing market, the Federal Government is planning on stepping into the market with a creative solution – to turn foreclosed homes into rental units. The plan would create roughly 200,000 new rental homes this year. Though still in the works, the US government has indicated it plans to carry out the operation in “early 2012”...

The New Direction of Real Estate

Despite encouraging signs, the housing market is still not recuperating at a healthy pace. Home prices remain low, yet the buyers just aren’t there. But where one market drags, another one flourishes. Rental properties are providing huge returns for those able to make the investment. The price of rent has been increasing rapidly in cities all over the country. But the cities where demand...

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