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.
I once had occasion to deal with two letters from readers that came in on the same day, both involving lender mistakes in the calculation of the payment. In the first, the payment was set too high but the borrower didn't know it and completely misunderstood the consequences.
If you're interested in relocating when you retire, like millions of other baby boomers, there are a wide variety of free Web-based resources that can help you find and research a new location that meet your wants, needs and budget. Here are several to help you get started.
When John Dang first stepped into the Philippines, he couldn't help but notice the sheer number of new buildings being developed. Dang was excited to be seeing the country changing right before his eyes--he saw an opportunity to be part of this change.
Summertime, and the living is easy. If only the same could be said about selling your New York home.