'Zombie Debt': Homeowners Face Foreclosure on Old Mortgages
Some homeowners believed their second loans were rolled in with their first mortgage payments or forgiven. Now they're being told the loans weren't dead after all. read more >
Some homeowners believed their second loans were rolled in with their first mortgage payments or forgiven. Now they're being told the loans weren't dead after all. read more >
The regional economic impact would include additional jobs in health care, education and construction. read more >
New figures show 5% growth in just the past two years, presenting strains — and opportunities — for the region. read more >
While space is getting harder to find, commercial building permits dropped in the first half of 2022 compared to the previous year. read more >
The long-term average rate has more than doubled since a year ago. read more >
The latest Skyline Report found that the pace of new construction in the region slowed because of supply chain issues. read more >
Reports of the housing squeeze that military families are feeling has alarmed members of Congress who are pushing legislation that would force the Department of Defense to rethink how it handles housing. read more >
The slowdown in sales was most pronounced in the Western part of the country, home to some of the nation's most expensive housing markets. read more >
Brian Moynihan cited two major issues negatively impacting average Americans — gas prices and rent — as reasons to be concerned. read more >
Last week the 30-year rate fell below 5% for the first time in four months. read more >
Housing starts in the region hit a 14-year high. Meanwhile, affordability remained among the best in the nation, according to Metroplan. read more >
A report provides five areas of focus, including talent retention, to help the region now that it has reached an inflection point. read more >
Behind the surge is much higher prices for food, energy, rent, airline tickets and and new and used cars. read more >
Job growth is running at a slightly slower pace than the national average, but the region has advantages in other areas. read more >
In some cases, the rental increases have been exacerbated by a lack of on-campus housing. read more >
Demand has surged this year as many Americans cooped up by the pandemic seek out larger homes. read more >
Many economists expect U.S. interest rates to rise in coming months. read more >
The complexes will add 345 units for low-income families that will be rented for rates nearly 50% below the current market. read more >
Seven measures including zoning code reform have been proposed. read more >
Mortgage buyer Freddie Mac said that demand remains stable. read more >
