Rising Rents, Income Stagnation Force Renters to Pay Bigger Share of Income in 2017 According to Zillow, rising U.S. housing rents are eating up an increasingly large share of American incomes, costing the typical renter $2,000 per year. Currently, the median U.S. rental requires 29.1 percent of the median monthly income. However, in the years leading up to the housing bubble, renters spent just 25.8 percent of their income on housing. That...Read More
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Fair Oak Trustees takeover of Title Trustees Breaking News: Fair Oak Trustees takeover of Title Trustees. What does this mean for the industry when such a move is planned?
November 15, 2017
Bobby and Tamar Ben-Simon thought they had found the perfect site to build a new family home. The couple had planned to tear down the sprawling but dilapidated stucco house in White Plains, N.Y.