Investors in house-hunting mode should be eyeing these areas, which have seen the biggest jumps in rental rates over the last year.
____________________________________________________________________________________
States with a judicial process for foreclosures have such large backlogs that it’s keeping housing from recovering there, report says.
____________________________________________________________________________________
The rise in mortgage rates over the last couple of months has been “significant” and could hamper the housing recovery, economists say.
___________________________________________________________________________________
Rep. John Campbell, R-Calif., has reintroduced a bill aimed at shutting down a controversial plan that would allow municipal governments to use eminent domain to seize underwater mortgages.
___________________________________________________________________________________
The city’s economic woes don’t seem to be dampening its housing market, with properties reportedly in strong demand there.
___________________________________________________________________________________
More potential home buyers are turning to margin loans for short-term financing to close on a purchase or win a bidding war.
____________________________________________________________________________________