Current News and Opinion

Will 30-Year Mortgages Disappear? By Peter Miller, Contributor July 9, 2014 We usually think of 30-year mortgages as the basic pillars of real estate finance but do we really need fixed-rate loans that last three decades? American Homes 4 Rent Buys Beazer Pre-Owned Rental Homes By Octavio Nuiry, Senior Staff Writer July 3, 2014 Agoura Hills-based American Homes 4 Rent, the nation’s largest publicly traded single-family rental company, announced Tuesday that it acquired Beazer Pre-Owned Rental Homes Inc. for $263 million. ‘The Wealth of the States’ and How Taxation Changes Behavior By Octavio Nuiry, Senior Staff Writer July 2, 2014 In the new book An Inquiry Into the Nature and Causes of the Wealth of the States the quartet argue that a state cannot tax itself into prosperity, just as the impoverished cannot spend themselves into wealth. 91-Year-Old Buys Her First Home By Octavio Nuiry, Senior Staff Writer June 30, 2014 Vera Bigham, 91, never owned a home before. But on her 91st birthday, the Jamestown, Calif., resident unpacked the American Dream. Realtors Invest in Mobile Technology By Octavio Nuiry, Senior Staff Writer June 30, 2014 A national survey of Realtors shows that they continue to invest in mobile technologies to advance their profession and help their clients, according to the National Association of Realtors (NAR). Real Estate: Would You Move For $1 Million In New Wealth? By Peter Miller, Contributor June 30, 2014 America is a nation on the move. The Census Bureau says in 2013 that 35.9 million of us picked-up and went somewhere else, almost 12 percent of the entire population. Suburbs Are Growing Faster Than Cities By Octavio Nuiry, Senior Staff Writer June 27, 2014 New urbanist boosters — pointing to “the great inversion” — the myth that most Americans are moving back to cities from the suburbs, like to illustrate the supposed trend, that cities are growing faster than suburbia, and that the “creative class” ar Julian Castro, HUD and Henry Cisneros By Octavio Nuiry, Senior Staff Writer June 27, 2014 When he was nominated to be the next U.S. Secretary of Housing and Urban Development, the charismatic mayor of San Antonio was widely believed to be the next vice presidential candidate — or even president. Millennials Poised to Kick-Start Housing By Octavio Nuiry, Senior Staff Writer June 26, 2014 Millennials are poised to move out in droves, lifting the number of new households formed and possibly transforming the housing market, according to a new study by Harvard University’s Joint Center for Housing Studies. Zombie Foreclosures Still A Lingering Legacy of the Housing Crisis By Ginny Walker June 25, 2014 RealtyTrac recently analyzed zombie foreclosures for Q2 2014 — properties that have started the foreclosure process and the homeowner has vacated the property. Print Email

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