House And Home

What Makes Chennai the Top Place for Professional Services

Often there are many professionals in many cities, including Chennai, but what makes it more difficult for people to avail professional services there? Language barrier: There are a very few professionals who would converse in anything but Tamil which makes it difficult to get professionals, although people often learn Tamil, but it may take quiteContinue Reading “What Makes Chennai the Top Place for Professional Services”

House And Home

Efforts to Help Homeowners Fail Their Troubled Mortgages

The number of delinquent mortgages continues to fall, but the foreclosure crisis is still taking its toll on hundreds of thousands of borrowers. Of the approximately 952,000 borrowers who are 90 or more days past due on their monthly payments, but not yet in foreclosure, 62 percent have already been through some form of homeContinue Reading “Efforts to Help Homeowners Fail Their Troubled Mortgages”

House And Home

State by State: How Much You Must Earn to Pay the Rent

The gap between wages and rents continues to grow in America, making it difficult for low-income workers to afford a modest apartment, according to the latest annual “Out of Reach” report. The 2015 report by the National Low Income Housing Coalition, which promotes affordable housing, shows that renters need to earn anywhere from $12.95 anContinue Reading “State by State: How Much You Must Earn to Pay the Rent”

House And Home

How One Couple’s Dream Home Nearly Tanked Their Finances

  In our Money Mic series, we hand over the podium to people with controversial views about money. These are their views, not ours, but we welcome your responses. Today, one man shares how stretching his budget to buy a big home left him and his wife financially — and emotionally — strained. Once uponContinue Reading “How One Couple’s Dream Home Nearly Tanked Their Finances”

House And Home

Generation Rent: Why Millennials Aren’t Buying Homes

Back in the day, moving out of your parents’ home probably meant you were moving into one of your own. But whether you blame it on the economy or just a generational shift in values, young adult homeowners are becoming increasingly rare. Case in point: recent stats find that only 38 percent of millennials betweenContinue Reading “Generation Rent: Why Millennials Aren’t Buying Homes”

House And Home

How to Successfully Live Under a Homeowners Association

  If you buy a condominium, townhouse or single-family home in a newer development, you’re likely to become a member of a community association. About 20 percent of Americans live in a community governed by a condo association, homeowners association or co-op board, according to the Community Associations Institute, which educates volunteer board members andContinue Reading “How to Successfully Live Under a Homeowners Association”

House And Home

How to Successfully Live Under a Homeowners Association

If you buy a condominium, townhouse or single-family home in a newer development, you’re likely to become a member of a community association. About 20 percent of Americans live in a community governed by a condo association, homeowners association or co-op board, according to the Community Associations Institute, which educates volunteer board members and associationContinue Reading “How to Successfully Live Under a Homeowners Association”

House And Home

Pending Home Sales Jump to Strongest Level in 9 Years

  WASHINGTON — Americans signed contracts to buy homes in April at the fastest pace in nearly nine years, evidence that steady job growth is strengthening the real estate market. The National Association of Realtors said Thursday that its seasonally adjusted pending home sales index climbed 3.4 percent to 112.4 last month. It’s the fourthContinue Reading “Pending Home Sales Jump to Strongest Level in 9 Years”