Tips for buying a house
The top 10 things you need to know when buying a home.
1. Don't buy if you can't stay put.
If you can't commit to remaining in one place for at least a few years, then owning is probably not for you, at least not yet. With the transaction costs of buying and selling a home, you may end up losing money if you sell any sooner - even in a rising market. When prices are falling, ...
5 Mistakes Home Sellers Should Never Make
By Ann Brenoff | Posted May 31st 2011 9:00AM
Trying to sell a home in today's market requires courage, smarts and a fair amount of humble pie-eating. It's a buyers' market, which means sellers are expected to roll over and grovel appreciatively over each showing their agent landed.Sometimes, whether through ignorance or a last gasp ...
S&P: Loan mods fail to keep distressed borrowers afloat
by KERRI PANCHUK
Monday, February 7th, 2011, 2:56 pm
The relief distressed homeowners get from mortgage modifications is short-lived, with most of the loans falling into distress within a year after hitting the reset button, Standard & Poor's Ratings Services said in a new report Monday.
The New York-based rating agency ...
February 14, 2011 — The National Association of Realtors (NAR) reported today that home sales rebounded in 49 states during the fourth quarter with 78 markets – just over half of the available metropolitan areas – experiencing price gains from a year ago, while most of the rest saw price weakness.
Total state existing-home sales, including single-family and condo, jumped 15.4 percent ...
What a Real Estate Agent Can't Tell You
By Stacey Bradford | Posted Dec 6th 2010 3:11PM
Video Transcript for Hearing Impaired
A good real estate agent is very familiar with the neighborhoods where he or she shows properties. But because of legislation called the Fair Housing Act, the agent can't legally share all of that information ...
Housing Remains Highly Affordable for Seventh Consecutive Quarter
RISMEDIA, November 22, 2010—Housing affordability remained near its highest level nationwide for the seventh consecutive quarter as interest rates dipped below 5% for the first time since the series was first compiled nearly two decades ago, according to the National Association of Home Builders/Wells Fargo Housing Opportunity ...