We expect computers, televisions and other kinds of devices to become obsolete. But what about houses? It turns out that the problem of “functional obsolescence” may be haunting the housing recovery, as potential buyers – and renters – are put off by homes...
How low can you go? A growing number of mortgage lenders around the country are about to find out, as they lower the minimum credit score requirements for getting a loan in hopes of jump starting a sagging housing market. We’ve reported previously about the ongoing...
The first key to understanding inflation is to recognize the difference between real and nominal. If you think about a physical $100 bill, it is easy to understand that 50 years ago, it was still a $100 bill. We called it the same thing, it looked (mostly) the same...
Keeping things running smoothly in residential real estate depends partly on knowing local, state and federal laws relating to landlords and tenants. A property owner’s efforts to screen out problem tenants and keep the property in tip top shape can collide with those...
You probably know at least one person who has been through a divorce and subsequently lost all of their money. In the he said/she said of it all, parties divided wealth and halved their assets. But a loss of wealth following a divorce is actually more complicated than...
