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. How do you know whether renting or owning is the way to go? Bankrate.com dives deeper into this question. (Video runs 1:50) Questions or […]
Homebuilder Confidence Up in May
Homebuilder Confidence Up in May Homebuilders’ confidence rose in May for the second consecutive month, boosted by first-time homebuyer tax credits and a more affordable housing market. An earlier report from The National Association of Home Builders showed home prices fell 14% in the first quarter of 2009, but now, builders are responding to what […]
Renters Protected from Foreclosure Evictions
Renters Protected from Foreclosure Evictions Renters now have a little more protection from eviction if their landlord’s property is foreclosed on, thanks to the new housing law signed by President Obama. The law allows tenants to remain in their foreclosed rentals through the end of their lease and then 90 days after that before being […]
Housing Construction, Permits Hit Record Lows
Housing Construction, Permits Hit Record Lows The latest numbers on new home construction show the industry is still under significant strain, but contained signs that the three-year slide may be improving. The AP’s Mark Hamerick explains…(video runs 1:48) Questions or comments? We’d love to hear from you. Click the comment link below and sound off. […]
Economy Expected to Resume Growth This Year
Economy Expected to Resume Growth This Year According to the Congressional Budget Office, the economy will start growing in the second half of 2009, but it will be several years before the positive effects of a turnaround will be felt. The CBO is updating its economic forecasts and will release new estimates in August. It […]
Before You Invest in Rental Real Estate
Before You Invest in Rental Real Estate It’s easy to get thrown off by the appearance of a property, your emotions, or what the media is saying. Here are four ways to avoid making that mistake: Reality Check One: Who is Your Target Market? If the property is a good fit for your target market, […]
Foreclosures: April Was Bad
Foreclosures: April Was Bad Foreclosures in April exceeded even March’s blistering pace with a record 342,000 homes receiving notices of default, auction notices or undergoing bank repossessions. One of every 374 U.S. homes received a filing during the month, the highest monthly rate that RealtyTrac, an online marketer of foreclosed properties, has recorded in four-plus […]
Job Market: Teens Need Jobs Too
Job Market: Teens Need Jobs Too Imagine trying to find a job in this economy. Now imagine doing it with zero experience, little education and no resume. It’s tough out there for teens. Money Editor Stacy Johnson has some advice for teens looking for jobs… (video runs 1:16) Questions or comments? We’d love to hear […]
6 Smart Uses For Your Tax Refund
6 Smart Uses For Your Tax Refund By now, many have received a income tax refund. But if yours isn’t a distant memory yet, Money Talks editor Stacy Johnson offers some useful advice on how to spend it. (video runs 1:27) Questions or comments? We’d love to hear from you. Click the comment link below and sound off. […]
3 Ways to Reduce Property Repair Costs
3 Ways to Reduce Property Repair Costs One of the best ways to keep costs down on real estate repairs is to do the work and maintenance yourself. That works … unless you don’t have the time or necessary skills. In those cases, you’ll have to hire someone to do the work. Here’s how to […]
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