According to a study released by Trulia, it is now cheaper to buy than to rent in most of the largest cities in the U.S. Ever since the beginning of the real estate market downturn, many former homeowners have traded in their bought home for a rental, whether by choice or foreclosure. But now it’s …
Continue reading ‘Cheaper to buy than to rent in 72% of largest U.S. cities’ »
The Federal Housing Administration (FHA) insured 1.74 million single-family mortgages during fiscal year 2010, which for the federal agency ended in September. The collective value of the loans endorsed was $318.8 billion. FHA’s loan volume for the year was down 10.3 percent from 2009, and came in below the 1.87 million mortgages it had previously …
Continue reading ‘FHA’s Annual Single-Family Business Down 10% from Last Year’ »
Irvine rounded out MSN’s “America’s fastest-growing cities” 2010 list found here, and also ranked first in California in Money Magazine’s 2010 list of “Best Places to Live in America” and has been ranked as the “Safest City in America” according to FBI statistics. Here’s some facts about Irvine listed in MSN’s article: Population growth since …