The number of flipped houses is at a six-year high. But while such rapid turnover helped fuel the housing crisis a decade ago, advocates and analysts say the current wave is helping to ease a shortage of affordable housing in some parts of the country.
Renting a home in the U.S. isn't as affordable as you might think. In fact, compared to owning a home, renting is more expensive in over 40 states, according to a recent GOBankingRates.com study. But don't lose hope just yet.
When the Consumer Financial Protection Bureau substantially changed mortgage disclosure rules last year, it did not change the status of the annual percentage rate, or APR, as the system's disclosure centerpiece.
SANTA CLARA, Calif. - Walking into Exhibit Hall D at the Santa Clara Convention Center earlier this month, real estate agent Lisa Faria scanned the day's schedule and spotted a talk she wouldn't miss: "Look at this one - 'A Day in the Life of a Mobile Savvy Agent.' I am so not a mobile savvy agent. I definitely need that panel."
Homebuilders pulled back on construction for a second straight month in September, with a plunge in apartments offsetting gains in single-family homes. Building activity was weak in all parts of the country except the Midwest.
LOS ANGELES - The gig: Kirstin Harper-Smith, 32, is senior project manager at Boston-based Suffolk Construction, where she is supervising the building of a 525-unit apartment tower in downtown Los Angeles.
A mortgage shopper assumes responsibility for determining the type of mortgage that best meets her needs and finding the loan provider offering the best (or close to the best) price on that mortgage. A client, meanwhile, places herself in the hands of a loan officer or mortgage broker recommended by her real estate agent, friend, relative or business associate.
Luxurious large homes built at the beginning of the millenium, known as McMansions, have plummeted in value and failed to rebound along with the rest of the housing market. Millenials have turned away from buying the massive suburban houses, for reasons both financial and stylistic.
After 18 years in business, Tir Na nOg Irish Pub will close its doors in downtown Raleigh on Sunday, November 22, 2015. The 8000-square-foot restaurant will be leased to its neighbor Bida Manda. Plans are underway to open a brewery, dim sum restaurant, florist shop and bookstore in the space next year.
Tir Na nOg says goodbye
Wendell Falls project back on track
Holy Name of Jesus Cathedral already a Raleigh landmark
Doeren calls Louisville game 'teachable moment' for Finley