Once again, the Obama Administration is being accused of declaring a "war" on suburbia. Nothing could be more absurd and self-serving, or just plain sad. The latest cause for panic is a new rule from the U.S. Department of Housing and Urban Development (HUD) that says every community that gets HUD money must have a plan to make equal access to housing a reality -- as opposed to a rarely enforced legal principle.
Lifting the economic sanctions will enable Iran to begin to sell its oil internationally sometime next year, into a world already flooded with oil products, though there is some uncertainty when it will happen.
Seven years after the housing crisis, which led to the financial crisis, which led to the recession, it may be time to review what happened to the people, the government, and the financial industry (banks, mortgage lenders, and investment firms).
The housing industry is starting to boom again. The latest reports show that sales of existing homes rose to their highest level in eight years, and the median price for an existing home sold in June rose to $236,400 -- the highest ever recorded by the National Association of Realtors -- and surpassing the July 2006 peak.
So much for the conventional wisdom of downsizing your home when you retire. A huge percentage of families are moving into bigger homes -- many to make room for adult children who didn't fare so well during the recent recession.
Here and there, you can see the mix of the moneyed and the homeless in any major U.S. city--it's always been an element of urban life in the past half-century. Yet in L.A., it can be more unavoidable than in other cities.
Here is why I believe the "do you own your home or rent" is an off-putting and personal question that should be lumped with salary and religion on a first encounter in social and work situations.
GOBankingRates ranked all 50 states based on the local rates offered on 15- and 30-year fixed-rate mortgages (FRMs) in the first quarter of 2015, weighted with the average home listing price in the state.
Home appreciation is generally considered a good thing. It means more equity for homeowners, and a bigger payout when the time comes to sell.
You can't live in Connecticut and work on anything related to disability services and not know about Southbury Training School.
Generous support from the Open Society Foundations and Capital One are behind recent grants designed to help communities plan and implement the eviden...
Your kitchen is a joke. You don't even know the meaning of counter space anymore, and a stovetop with two out of four working burners is considered a success. But it doesn't matter anyway because you have a personal chef named Seamless.
Summer is the prime time for moving and new home purchases. Certain warning signs during an open house, however, should have you questioning a property. As you embark on your open house adventures this summer, watch out for these red flags to avoid buying a money pit.
It will give Janet Yellen's Federal Reserve room to keep interest rates lower longer, thus boosting consumer spending as well as the housing market, which is beginning to show more robust growth with builder confidence at its strongest level since 2005.
Whether it's the right time for you to sell your home or not is entirely based on your desires and situation. However, if you haven't considered all of these five factors, do so and you may change your plans.
If you downsize in your 40s, and invest that $75,000 in a portfolio with a mix of stocks and bonds with a 6.5 percent annual rate of return, it could grow to nearly $250,000 over 20 years.