Buying a turnkey property can often max out a borrower’s budget. But a renovation loan like a 203(k) can help borrowers get the home of their dreams without breaking the bank
With job growth stable, office space will be in demand
The negative effects of the American housing bubble crisis are still being felt in residential neighborhoods across the United States. A recent report from the S&P/Case-Shiller housing price index shows that prices of single family homes in 20 metro areas fell 0.7 percent in November of last year, and 0.5 percent the next month. The S&P/Case-Shiller index is now at a record low level that was last seen in 2003, a crucial year in the history of the housing bubble.