Money Moves

U.S. Home Repossessions Jump 42% As Homeowners Face Financial Pressure And Foreclosures

Lenders repossessed 5,794 properties through completed foreclosures in August. by Sidnee Michelle U.S. homeowners face growing financial pressure as the number of properties lenders repossessed jumped 42% year over year in August, signaling increased strain among some borrowers facing foreclosure, Realtor.com reports. Lenders repossessed 5,794 properties through completed foreclosures in August, up 22% from July

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At $2,500 for one-bedroom apartment, Miami ranks sixth most expensive among U.S. cities

WLRN Public Media | By Layla Jaime Zumper, an online rental marketplace platform, released its September National Rent Report, ranking Miami sixth among the most expensive U.S. cities for a one-bedroom apartment. Analyzing rental data from more than 1 million active listings, Zumper found that the median asking rent for a one-bedroom apartment in Miami

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The old three-legged stool. Then and now

By Stan Leconte Earlier generations had a clearer retirement roadmap. They’d work, earn a pension, collect Social Security, save personally, and retire with dependable income. That’s what I’d call the traditional three legged stool, pension, Social Security, and savings, a shared responsibility among the employer, the government, and the worker. Sounds secure, doesn’t it? Today,

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More Than 1 In 3 Americans Earning $300K Live Paycheck To Paycheck

High-income respondents who reported living paycheck to paycheck said they are struggling to save and make progress toward long-term financial goals. by Sidnee Michelle More than one-third of Americans earning over $300,000 a year say they are living paycheck to paycheck, showing that financial pressure is reaching even some of the nation’s highest earners, Barron’s reports. The finding comes from research

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