WASHINGTON (AP) — It’s the most profitable time to sell a house since the Great Recession started in late 2007. But first-time buyers are increasingly scarce. More Americans are qualifying for mortgages, yet minorities still get disproportionately rejected. Three new ...Read More »
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Mecklenburg County ranks among the ten worst counties in the United States when it comes to affordability and accessibility for low-down-payment borrowers, including first-time and boomerang homebuyers. According to RealtyTrac, the Charlotte-Gastonia-Concord region came in 363rd out of 370 counties ...Read More »
Economists see steady growth but remain mixed on their outlook for the health of different segments of the U.S. economy. Investments by businesses and government, as well as international trade activity, will grow at a faster rate than previously forecast, ...Read More »
They’ve redefined American culture and had a huge economic impact – just in their sheer numbers – and now they’re reshaping the housing landscape. At 77 million strong, every day another 10,000 baby boomers turn 65, the traditional age for ...Read More »
WASHINGTON — The Federal Reserve’s super-low interest-rate policies have inflated a slew of dangerous asset bubbles. Or so critics say. They say stocks are at unsustainable prices. California homes are fetching frothy sums. Same with farmland, Bitcoins and rare Scotch. ...Read More »
Sure, there are well-publicized negative factors that influence the housing recovery. But there are also very strong positives that are more apt to dominate the path of recovery in 2013 and beyond. Increasingly, economists are changing their signs on the recovery path, from "Danger, muddy road ahead" to "Prepare for good times."
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