Real Estate news & articles from Belleville, IL

Real Estate News

Housing starts climb 6.8% in May

Home builders ramped up construction in May, providing an economic boost while they sought to take advantage of an improving housing market defined by low inventory.

Read story

Archive by category ''Real Estate News

REAL ESTATE NEWS

Millennials might not be eager to take on mortgage debt

Builders are eyeing the next wave of potential home buyers - the so-called millennials - but whether this rising generation will embrace big mortgage debt remains an open question.
REAL ESTATE NEWS

Real estate Q&A: 3 things you must do before signing a lease

Q: I am looking to rent my first apartment. How can I protect myself from getting into a bad situation?
REAL ESTATE NEWS

As short-terms rentals boom, regulation an issue

Popular short-term rental websites like Airbnb, FlipKey and HomeAway are making it easier for property owners to rent out their homes to travelers looking for a place to crash. Those three companies now have more than a million listings for everything from spare bedrooms to luxurious oceanfront ...
REAL ESTATE NEWS

Luxury home market heating up

The U.S. luxury home market is being driven to new heights by relatively low prices, low interest rates and a more stable economy than in many countries, experts say.
REAL ESTATE NEWS

Mortgage debt catches up with the Netherlands

The Dutch dream isn't that different from the American one. Nor is the nightmare that many people have woken up to.
REAL ESTATE NEWS

The Mortgage Professor: When banks compete, you win ï¿½ except when you lose

Competition is generally viewed as a good thing, in the U.S. at least. Hence, advertisements that create an image of powerful banks having to compete among themselves for the favor of individual mortgage borrowers creates a generally favorable impression. The problem is that competition generates...
REAL ESTATE NEWS

Housing discrimination still exists, study finds

Hispanics have made strides in their access to housing, but Asian and African-American homebuyers looking to purchase a home still are told about or shown far fewer homes than equally qualified white consumers, a new national study has determined.
REAL ESTATE NEWS

The Mortgage Professor: Some well-off borrowers at a disadvantage

In a recent column, I pointed out that mortgage lenders today can make a loan with only 3 percent down to a borrower with a steady job but a credit score of only 570, and have it insured by the Federal Housing Administration. But lenders can't or won't accommodate a self-employed physician who can...
REAL ESTATE NEWS

The woman who paid for Beazer's sins

Even her husband hasn't seen it.
REAL ESTATE NEWS

Foreclosures are cheap, but pitfalls may await buyers

Back in 2011, Christina and Brian Jenkins decided to take up a sideline as landlords. Since then, they've acquired three rental houses in the St. Louis area. Two of them were foreclosures.