When Victor Avramenko drives through the sunbaked rows of stucco houses in the western suburbs of Phoenix — where he bought his first American property two years ago — he doesn’t see the job cuts, slashed incomes and foreclosures that have devastated neighborhood after neighborhood in this city, which was once a real estate speculator’s dream. He sees profit potential.
Foreign exchange: Investors from abroad swap cash for houses
Most Popular Articles
Latest Articles
GAO highlights reverse mortgage counseling in new report
Older adults need more information about financial programs, with GAO citing the HECM counseling program as an age-targeted example.