Fixer Uppers Rock!
Fixer-uppers are an increasingly popular option for home buyers looking to save a little money in exchange for a bit of elbow grease, says Leslie Piper, a real estate agent with San Francisco Bay Area real-estate firm Pacific Union. But where are the best spots for buying such properties? Based on the percentage, as of […]
Housing Inventory Continues To Tighten
Housing inventory continues to tighten in markets across the country a 2015 trend identified by realtor.com Chief Economist Jonathan Smoke in its housing inventory data report for January. Nationwide total listings declined by 6.7% month over month and about 8.7% year over year. January’s inventory data suggest a continuation of the tightening trend we identified […]
Fake It Until You Take It
Adverse possession is the centuries-old legal principal that says, basically, if a squatter occupies a piece of land long enough, he owns it. This week, a Howard Beach man named Peter Zephyrin has been telling local news outlets that he’s using adverse possession to take ownership of a boarded-up apartment complex in Queens and that […]
What Subprime Crisis?
Loans to consumers with low credit scores have reached the highest level since the start of the financial crisis, driven by a boom in car lending and a new crop of companies extending credit. Almost four of every 10 loans for autos, credit cards and personal borrowing in the U.S. went to subprime customers during […]
