For decades, the 30-year mortgage has been a staple of the US real estate industry, making it pp0ssoble for millions of Americans – and investors – to buy houses without draining their savings. But the good old 30-year mortgage may be a dying breed, as the government...
Online real estate transactions now account for over half of all housing purchases in the US alone. The Web offers a place for buyers, sellers, agents and investors to do business that bypasses the traditional “brick and mortar” style of doing business – and it’s...
Since late 2014, oil prices have been steadily falling. While that makes US drivers very happy, plunging prices can deliver a hit to the recovering real estate market in areas where the oil industry has a high profile. US oil prices are now dropping below $200 a...
It’s practically a given in American society that owning a home is the key to stability and success. But although the US government has spent more than two decades drafting a variety of policies to create that “homeownership society,” the percentage of homeowners has...
Coming your way: a new generation of (probably permanent) renters. It’s the millennials, making news once again for the basic contradiction of their lives: better educated than their parents, but simultaneously economically more disadvantaged. And because this...
