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Tag Archives: home owners
Report: Population of Multifamily Renters Expected to Grow
In a slow recovery, Freddie Mac expects to see further growth in the multifamily sector, while the homeownership rate is projected to tick down from its already historically low rate. According to the GSE’s multifamily demand forecast, the homeownership rate … Continue reading
Neighbors Complain About Vacant Home Blight
Vacant homes from the foreclosure crisis are being blamed for creating blight in neighborhoods across the country and even presenting safety issues for those who live nearby. While vacant homes are blamed for dragging selling prices down, home owners who … Continue reading
Home Owners Get Better on Mortgage Payments
More home owners are finding their mortgages more manageable as fewer home owners default on their mortgage, according to Standard & Poor’s and Experian credit data. This marks the eighth consecutive month that the number of people defaulting on their … Continue reading
Posted in Market Statistics
Tagged defaulting, home owners, housing market, post-recession lows
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Obama Housing Scorecard Shows Strength in Recovery
The real estate recovery is continuing to show signs of progress. The Obama administration’s Housing Scorecard shows that the number of underwater home owners has declined 11 percent since last year. What’s more, the report shows that home values are … Continue reading
Citigroup Offers Rental Proposal to Struggling Borrowers
Daily Real Estate News | Monday, August 13, 2012 In trying to limit foreclosures, Citigroup is launching a program to rent homes back to home owners who are struggling to make their mortgage payments instead of trying to evict them. … Continue reading