New Orleans The industry spins the numbers differently each month. Foreclosures are rising, but somehow housing markets are being revived by refinancing. Little of it makes sense and often the information is contradictory, but the bottom line is that housing is still in dire straits across the country. The home mortgage modification program has been …
Tag: homeownership
More Tenants? More Rights!
Toronto Given the housing and foreclosure crisis in the United States, it was not surprising to see that homeownership rates have fallen rapidly in recent years. The Wall Street Journal published an estimate saying: The nation’s home-ownership rate is also falling, to 67% of U.S. households in 2010, after topping 69% in 2004, according to …