CoreLogic® conducted an analysis that showed that 1.2 million borrowers regained equity in 2014, bring the total number of mortgaged homes with equity at the end of 2014 to 89 percent. However, from Q3 to Q4 of 2014, the negative equity value increased $7 billion to $348.8 billion. Over the course
With an increase in employment opportunities, consumers are becoming more optimistic about the economy. In turn, this improves the housing market. Fannie Mae’s February 2015 Housing Survey™ showed an all time high of 47 percent of people think that the economy is headed in the right
While buying a home is a major decision, you may miss out if you wait too long to make an offer. If you have gotten your mortgage preapproval letter, researched the neighborhood and market, and find a home that you like, it’s best to make an offer as quickly as possible.
This week in 1998, James Lowenstern was featured in an article titled "New Construction still sought, but Inventory in the Area is Scarce--and Expensive" that appreared in The Tab. The article discusses that because new construction was so scarce but in such high demand, Castles Unlimited President James
Finding parking has never been an easy task in Boston, and with all of this snow it’s proving to be a real challenge. Even those with residential on-street parking permits are having trouble.
Because of this, properties for sale with off-street parking are at a
While renting out your home has the potential to be profitable in a good market, it also comes with new responsibilities. Many laws surround renting and they vary by state, and some towns even have their own specific regulations. Renting out your home gives you the same obligations as a landlord. [...]