Those who are no longer underwater but lack the equity for a move-up could sell if they wanted, but they are not listing their homes.
For many loanowners, the last eight years in borrower purgatory felt more like borrower hell. They’ve been trapped beneath their debts, and any remedies for t… – Lingering debt from housing bubble still keeps housing supply off the market
Government subsidy programs promote dependency, and they are expensive, but they provide a service needed by millions of people to alleviate poverty.
In a frontier society, there are no bailouts. Life on the frontier is harsh, and each family unit is self-reliant. In a frontier society, if… – Should policymakers curtail Section 8 housing benefits?
Properties in distressed communities surrounded by strong demand for real estate often provide opportunities for investors betting on an economic recovery.
Distressed property investing is both a science and an art. Finding a distressed property market is not difficult, and anyone who… – Investing in San Bernardino: opportunity or disaster?
Condo prices remain low until better alternatives are removed from the market and people are forced to compete for lower quality digs.
Condo prices are notoriously volatile, far more volatile than house prices. But why is that? Is it because nobody wants to live in a condo? There’s… – Why are condo prices so volatile?
REO-to-rental companies enabled many foreclosed former owners to remain in their homes with lower monthly payments, a genuinely positive outcome.
When I went out to Las Vegas to buy houses, the banks were feverishly foreclosing and selling properties for whatever they could get. The discounts… – REO-to-rental companies helped many former owners stay in their homes
Peace-of-mind in retirement is attainable, affordable, and priceless. Stable income streams do more for us emotionally than does a large but shrinking pile of money.
We are all born needing a lifetime of cashflow to meet our needs and wants. Except those lucky few born to parents who provide a… – Stable cashflow is key to stress-free retirement
Restoring peak housing prices required record low mortgage rates during a period of weak growth and a falling home ownership rate.
It’s time to celebrate! National home prices reached the peak of 2006. Surviving homedebtors are regaining equity, surviving lenders have collateral backing… – National home prices reach housing bubble peak nine years later