Nearly 11 million borrowers are underwater on their mortgages, owing more than their homes are worth, according to CoreLogic, and yet home equity lines of credit are suddenly on the rise again. During the housing boom of the last decade Americans withdrew over $1 trillion in home equity.
Turns out the old adage "You can't judge a book by its cover" applies to real estate as well. This gorgeous estate in Tennessee has traditional-style exterior architecture that makes its ultra-modern wine cellar inside quite a surprise.
Barely a year in, home prices rose over 8 percent annually in December. That is the tenth consecutive month that home prices have risen on a year-over-year basis and it is the biggest gain in more than six years.
Choosing to watch the big game at home doesn’t necessarily mean you’ll be missing out — especially if you’re catching the action from a man-cave worthy space.
Author F. Scott Fitzgerald was only 36 when he moved to Baltimore in 1932, but he was deep in debt and living far from the glamorous life that he depicted in his 1925 novel, “The Great Gatsby.”