With the price of homes in the United States at new peaks, you're probably wondering how people are paying for […]
Everybody's got to live somewhere. And – as the world now acutely knows – its usually better to do business in person as well.
In this section, you'll find our real estate posts, research, and calculators. And remember: location, location, location.
With the price of homes in the United States at new peaks, you're probably wondering how people are paying for […]
Previously, we talked about the historical homeownership rate in the United States, with data back to the 1890s. Today, we'll […]
So, you've heard a lot about the booming real estate markets in many American cities. However, have you ever calculated if […]
Editor: This article was first written in 2013. The dollar amounts have changed but the relative location discussion holds. When […]
We've got a treat for you today - a spiffy graph we created with Google Drive (née Documents). Thanks to […]
About a month ago, my colleague Cameron penned an article about the Mortgage Interest Deduction - namely, whether it is a good idea or not. For an itemizing taxpayer in the 25% bracket, he pointed out, "The bank receives 4.0% interest, the homeowner pays 3.0% and the taxpayer is left footing the 1.0% difference." Right - and the bank ends up pocketing the subsidy.
Is it okay to welch on a financial commitment? Yes, I know that 'welch' is a gambling term - and we're about to talk about mortgages. If an unproportional amount of recent mortgages were actually bets that house prices would continue to increase, maybe 'welch' is the right term after all? Anyway, Pew recently polled people to ask their opinion on the practice of 'walking away' from mortgages.