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A new report finds the rate of mortgage borrowers considered “equity rich” increased to 49% in the second quarter.
Investor purchases made up more than 1 in 5 home sales in December, according to CoreLogic.
April saw the biggest one-month jump in U.S. home loan delinquencies ever.
The average homeownership tenure has more than doubled, to about eight years.
Builders are looking into long-term solutions.
Here is why.
Families, now divided between the mainland and the island, start new endeavors and try to preserve old ties.
The tax advantages of home ownership would likely be available to wealthier taxpayers, and high tax regions would take the biggest hit.
The S&P CoreLogic Case-Shiller National Home Price Index hit a record high in August, and prices show no sign of moderating soon.
If the Mortgage Forgiveness Debt Relief Act isn't extended, homeowners with forgiven debt will have to pay taxes on that debt.