The number of Americans who owe more on their mortgages than their homes are worth fell at the fastest pace on record in the third quarter as prices rose, a sign supply shortages may ease as more owners are able…
Cash Deals for Homes Reach Record With Boomers Retiring
Mike Trafton bought a house in a suburb of Boise, Idaho, where he plans to retire. He made the deal without signing a stack of mortgage papers. Trafton, 55, and his wife Cindy, 54, paid $400,000 in cash for the…