Default Mortgage

Is the New American Dream House a Rental?

The latest statistics from the US housing market slide point to what may be a new reality—and a key to economic recovery. More Americans than ever are walking away from homes and mortgages they are upside-down in and replacing a monthly house payment with a monthly rent payment. The combination of mortgage balances that far exceed [...]

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Posted by Teresa - December 11, 2009 at 2:41 am

Categories: Default Mortgage, Housing Trends, Investment Property, Renting Property Management, US Economy, US Housing Market   Tags: employment, free, landlord, national, property, rental, tenant

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