Reality for Homeowners Seems that reality (not realty!) is setting in for many homeowners. More than 57 percent nationwide now believe their own home lost value in 2008. That’s significantly more than the 38 percent who believed their home’s value was declining in the second quarter of last year, according to a newly released survey. […]
Warehouse Deals: 5 Best Buys
Warehouse Deals: 5 Best Buys Buying stuff at a warehouse club is not always the best deal, but there are some items that almost always means savings at the discount warehouse clubs. Money Editor Stacy Johnson explains the 5 best deals in this short (1:35) video… Have any questions or comments about this video? Just […]
Bank Failures: 1 in 8?
Bank Failures: 1 in 8? In an article we posted a few weeks ago here, we asked the question, “How many banks do you guesstimate will fail in 2009?”. Now, RBC Capital is predicting that more than 1,000 U.S. banks, or one in eight lenders, may fail in the next three to five years as […]
Real Estate: An Obama Effect?
Real Estate: An Obama Effect? Will there be an “Obama effect” on the housing and real estate markets? There’s a case to be made that a quickly-enacted economic stimulus package, continued rock-bottom mortgage interest rates, low inflation and improving consumer sentiment could begin to have that effect — at least in small measure. One could […]
Homeowner Associations: What you Need to Know
Homeowner Associations: What you Need to Know Home Owner Associations, Condominium Associations, and Co-operatives are filing for bankruptcy at staggering rates. As property owners are not able to afford their mortgages, they often elect not to pay their association dues and what they consider less important monetary obligations. As a result, Home Owner Associations and […]
Creating a Budget
Creating a Budget Everyone hates it, but budgeting makes all the difference when you’re trying to save money. Money Editor Stacy Johnson explains… (video runs 1:34) Did you make a resolution this year to get out of debt or set up a budget? How are you doing with it now that we’re already over 1/12th […]
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