real estate

Location, Location: Do Homes Near Graveyards Sell?

Posted on 10/21/2013 by |Money and Work | Comments

Money & SavingsWould you have grave concerns about buying a home near a cemetery? The real estate brokerage Redfin was dying to know if homes near cemeteries, with rows and rows of tombstones, sell for less than homes a greater distance away. Turns out they sell for more — when they sell. Sign up for the AARP Money Matters newsletter The company compared sales prices of homes from 50 feet to 1,000 yards away from cemeteries in 90 metropolitan areas. On average, homes closer …

What’s Happened to Housing Affordability?

Posted on 05/16/2013 by |Senior Strategic Policy Advisor | Comments

Public Policy InstituteThe National Association of Realtors announced earlier this year that its Housing Affordability Index shows 2012 was a record year for housing affordability.  Subsequently, articles appeared in the media with titles such as “Housing Today Is More Affordable Than at Any Time in History” and “2012 a Banner Year for Housing Affordability, Industry Group Says.” In addition, I’ve seen TV reports that continue to note how affordable housing has become. All of these are at odds with study findings presented …