September 2015

99 Abandoned Homes

September 30, 2015 Lynn Szymoniak

The much-praised and long-awaited film “99 Homes” opened in October. The film is a fast-paced thriller that takes a hard look at the brutal reality of the foreclosure crisis. Audiences and critics have praised the film, particularly the performances of Andrew Garfield, Michael Shannon and Laura Dern, and the writing and direction of Ramin Bahrani.… [Read More]

What Housing Recovery: Some September 2015 Housing Facts

September 1, 2015 Lynn Szymoniak

 

The home ownership rate in the U.S. is at 63.4%, a 40-year low. (source: U.S. Census Bureau)

Blackstone Group, one of the world’s largest private equity firms, is the largest owner of single-family rental homes in the nation. As of March, 2014, Blackstone had acquired 40,000 houses, most of them foreclosures.  … [Read More]