Articles

Why the Housing Recovery is Nearly Homeowner-Less

Posted by on Nov 12, 2013 in Articles | 0 comments

Why the Housing Recovery is Nearly Homeowner-Less
Monday, 14 January 2013 00:00 By Darwin Bond Graham, Truthout | Report

Like the so-called jobless recovery, characterized by rising business earnings in the midst of high unemployment, the nascent housing recovery is not propelled by a rise in home ownership rates, employment and incomes.

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Housing Affordability Landscape 2013

Posted by on Nov 12, 2013 in Articles | 0 comments

Center For Housing Policy:  An Annual Look at the Housing Affordability Challenges of America’s Working Households

For the third year in a row, the incidence of severe housing cost burden among working renters has risen relative to the prior year.

More than one in four working renter households (26.4 percent) spent more than half of their income on housing costs in 2011—an increase of more than three percentage points since 2008.

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Housing – A Time to Buy

Posted by on Nov 12, 2013 in Articles | 0 comments

By Dr. David Kelly and David LebovitzFew financial manias in history have had as devastating an economic impactas the American real estate bubble of the 2000s. From soaring boomto dismal and continuing bust, it has shipwrecked the financial plans ofmillions of American families, led to an absolute collapse in the constructionindustry and, through the magic of modern financial leverage, led to thebiggest global recession since World War II.

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Why Wall Street Loves Houses Again

Posted by on Nov 12, 2013 in Articles | 0 comments

The Blackstone Group and other members of the fast-money crowd have a risky new strategy for investing in real estate—this time as landlords.

William D. CohanSep 19 2013, 7:30 AM ET

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Housing in 2013: What is in what is out

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What a difference a year makes. 2012 was the year the housing recovery came to life – with the market now stronger than anyone dared hope for a year ago.

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Homeowners’ Foreclosure Trauma a Roadblock to Workouts

Posted by on Nov 12, 2013 in Articles | 0 comments

By Amilda Dymi

SEP 30, 2013 12:53pm ET

Housing counselors are not psychologists, but according to Joaquin Benitez author of “The Foreclosure Phenomenon: How to Defend Your Home from an Impending Foreclosure,” who personally experienced foreclosure, empathy and awareness can make a huge difference.

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