More People Are Choosing to Rent
A National Apartment Association survey finds that more people prefer renting to owning in today’s market. The report also says most renters and home owners do not have plans to change their housing status within the next year.
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Auctioneers Pick Up Business in Tough Market
According to the National Auctioneers Association, auctions are up by 14 percent compared to 2009.
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Housing Still Lacks Stable Funding
FHA Commissioner David Stevens tells bankers that the home-loan market is “sick” without enough private capital.
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Defaults on Apartment-Building Loans Set Record
A report by Real Capital Analytics reveals that defaults for apartment construction loans have hit a record of 4.6 percent for U.S. banks.
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N.C. Sellers Must Disclose Proximity to Bases
Starting July 1, sellers in North Carolina will have to disclose if they live close to a military base.
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Top 8 Most Transient States
California ranked No. 1 in both gain and loss of residents in 2009, according to Movers.com. See which other states and cities made the list.
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