This week, the death of one high-profile grocery chain, and the ascendancy of another, tells us a lot about what Americans …
Nevada
From Underwater to ‘Equity Poor’: Why the Housing Market Isn’t Recovering Faster
Rates are at historic lows of 3.53% for 30-year mortgages. Rents are at record levels all over the country, hitting highs in 74 markets tracked by real-estate-data provider Reis Inc. And housing prices appear to have finally …
It’s Not Your Imagination: Rent Prices Really Have Been Rising
Thanks to cheap home prices and mortgage rates at historic lows, it’s easy to argue that now is the ideal time to buy a home. But many would-be buyers are worried the market hasn’t yet reached bottom, and years of plunging home …
Foreclosures Are at a 4-Year Low, But That’s Not Necessarily Good News
Foreclosure filings fell in March to their lowest level in four years, according to real estate data provider Realty Trac. For the first time since July 2007, the nationwide number of filings fell under 200,000 — a 4% drop from …
Imagine No Electricity Bills: The Rise of ‘Net-Zero’ Homes
If done properly, a smartly built green home featuring solar power, energy-efficient appliances, and proper insulation can result in the owner facing monthly electricity bills amounting to $0, or thereabouts. Now, one homebuilder …
Struggling to Stay Afloat: Number of Underwater Homeowners Keeps on Rising
Despite signs that some housing markets are improving, the overall trend is for home prices (and values) to keep dropping—and dropping. As values shrink, more and more homeowners find themselves underwater, the unfortunate …
How Nevada Became the Go-To State to Evade Taxes
Nevada rolled out the welcome mat in the 1940s for mobsters who transformed the sleepy town of Las Vegas into Sin City. Now, the Silver State appears to be welcoming a new generation of entrepreneurs looking for a legal haven for …