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Consumer News and Advice Archive


‘Zombie’ Foreclosures Down 23 Percent from Last Year, but Increase in 16 States

RealtyTrac® today released its Q3 2014 “Zombie” Foreclosure Report, which found that 117,298 homes actively in the foreclosure process had been vacated by the homeowners prior to a completed foreclosure, representing 18 percent of all active foreclosures. ...


Living Smart: What to Know before You Have a Plumbing Emergency

(MCT)—Plumbing has always been one of the most frequently searched categories on Angie’s List. Naturally, if the sink is stopped up or the commode’s kaput, you want it fixed, and fast. ...


By the Numbers: Big Cities You Can Actually Afford to Live In

Big cities are known for having more job opportunities, people to meet, and things to do than small towns. On the flip side, they are also synonymous with traffic, crime, and—above all—high costs. That’s why a big city with ...


Millennials Expect to Buy within Five Years

Contrary to popular belief, millennials still highly value homeownership, and a majority expect to buy a home in the next five years, according to a CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) survey of young adults age 18-34. ...


The Cheapest Day to Buy Airline Tickets? It’s Sunday, not Tuesday

(MCT)—A company that handles airline ticket sales for travel agencies has come out with study of airline ticket purchases, and found some interesting factoids: ...


Pending Home Sales Hold Steady in September

Pending home sales rose slightly in September and are now above year-over-year levels for the first time in 11 months, according to the National Association of Realtors®. ...


Top 5 Things to Know when Buying or Selling a Home by the End of 2014

Home prices are rising, along with seller's confidence. When you couple this with low interest rates, a boon for potential buyers, the market is looking up. ...


Your Place: Tips to Reduce the Risk of House Fires

(MCT)—October is Fire Prevention Month, so as a public service designed to reduce the number of calls for electrical fires, “Your Place” offers the following tips from Leviton, manufacturer of electrical devices and lighting controls (dimmers, switches): ...


Don’t Overlook an Adjustable-Rate Mortgage

(MCT)—Let me start out by saying that I have a bias in favor of fixed mortgages, especially in this time of historically low rates. The logic is this: Why wouldn’t you lock in now and enjoy the certainty of a nice low rate ...


Relocation: From ‘Once Was’ to ‘Now Is’

Kevin Kelleher, president and CEO of Cartus, addressed RISMedia’s Real Estate CEO Exchange in New York City on September 10, 2014. He has led Cartus throughout its growth and transformation from a predominantly U.S.-centric relocation firm into a global market leader in related ...


Is Your Front Door a Gateway to Energy Loss?

October is Energy Awareness Month, so I went looking for specific ways homeowners could reduce soaring energy bills. The experts at Therma-Tru (thermatru.com) reached out with their perspective, advising homeowners to evaluate their exterior doors, which could provide a major gateway ...


Getting Started: Common Mistakes That Could Hurt a Credit Score

(MCT)—You may already know some of the basics of maintaining a healthy credit score: pay your bills on time, don’t charge the maximum allowed on your credit card and start building a credit history early. ...


U.S Regulators Ready for Relaxed Mortgage Rules

Later this week, after several years of back-and-forth debate, U.S. regulators are finally set to finalize a more relaxed set of mortgage standards. This new set of rules will be a win for the real estate industry, with the projected agreement much more ...


Seven Must-Dos for First-Time Homebuyers

(MCT)—Buying your first home can be nerve-wracking. As a first-time homebuyer, you will navigate a process that might include uncertainty, excitement, confusion and frustration. ...


Why Boomerang Kids Bounce Back

Not only are the numbers of young people over 18 who live with their parents reaching unprecedented numbers, higher than previously assumed, they are not necessarily moving out when their financial situations improve, a according to a new study by Federal Reserve economists that may have important ramifications for housing ...


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