High rents prompting more to consider buying
In what some economists and real estate agents say is a good sign for the spring housing market, climbing apartment rents are making the prospect of owning more appealing. (Wall Street Journal)
Trend: More multigenerational households
More families are living together. In 2010, 4.4 million households had three generations or more living under one roof, a 15 percent increase compared to two year before, according to U.S. Census data. (REALTOR® Magazine)
Other news of interest:
- Only 3 percent of eligible borrowers have sought foreclosure review. (Wall Street Journal)
- FHA changes could mean more restrictive credit requirements for borrowers. (Chicago Agent)
