Hurricane Season: Make Sure You’re Covered Hurricane season is upon us once more, which means greater potential for flooding and/or flood damage to your home. It doesn’t matter where you live, flooding can occur almost anywhere. If you live along the coast or near a body of water, particularly, protection against and preparation for […]
Consumer Confidence Continues to Be Low
Consumer Confidence Continues to Be Low "Consumer confidence is at its weakest level in 17 years," according to Lynn Franco, director of The Conference Board’s Consumer Research Center, producer of the Consumer Confidence Index, which surveys 5,000 households every month for their economic views. Franco says, "it looks troubling for current conditions and in […]
Home Loans Without the Big Down Payment
Home Loans Without the Big Down Payment Many people give up on the dream of home ownership before they even get started because they just don’t believe they will ever be able to afford the down payment and closing costs. A down payment can be as much as 20 percent or more of […]
Homes: Buy or Rent?
Homes: Buy or Rent? Owning your own home: an idea so popular it’s known as the American dream. But as prices fall and foreclosures rise, for many it’s become a nightmare instead. How do you know whether renting or owning is the way to go? Stacy Johnson examines a few considerations you need […]
Taxes: Your Odds for an Audit
Taxes: Your Odds for an Audit If you’ve already filed your taxes this year, and are now relaxing for another year, don’t get too comfortable just yet. Seems the IRS is now auditing more taxes than ever, and the number is only expected to get larger in the future. Being rich has some […]
Homeowner Mortgage Bailout Poll
Homeowner Mortgage Bailout Poll Americans remain split on whether homeowners about to default on their mortgages should receive special treatment to help them keep their houses, according to a new research poll. The poll finds 49% of Americans believe such homeowners should receive special treatment, while 48% feel homeowners should not get assistance. […]
Home Appraisals: Changes on the Horizon?
Home Appraisals: Changes on the Horizon? A major legal brawl is breaking out over how homes are appraised, at what cost, and by whom. The outcome could directly affect the price you pay for your next piece of real estate, and the amount of mortgage money you can obtain. The fight centers on […]
House Swapping
House Swapping With summer vacations just over the horizon, here’s an idea you may not have thought of to increase the value of your next vacation. One of the most expensive parts of travel is a hotel. But what if you could stay in a full-sized home for no money at all? Thousands […]
Richmond VA Real Estate Investing: The Time May be Right
Richmond VA Real Estate Investing: The Time May be Right Listen to all the bad news reports. It’s the worst time since the Great Depression to buy real estate, right? Not so, according to some individual investors, who think the market slump has made selected areas more desirable than they’ve been in years. […]
Housing Inventory Up Again in April
Housing Inventory Up Again in April The number of homes for sale was on the rise again in April. Nationally, inventories expanded 3.5% last month overall and were up 6% over the same period last year. Even some markets that used to be considered bulletproof have seen inventories grow and these bloated inventories […]
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