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Consumer News and Advice Archive


Foreclosure Activity Decreases 10 Percent in January According to RealtyTrac U.S. Foreclosure Market Report

RISMEDIA, February 13, 2009-RealtyTrac®, a leading online marketplace for foreclosure properties, has released its January 2009 U.S. Foreclosure Market ReportTM, which shows foreclosure filings - default notices, auction sale notices and bank repossessions - were reported on 274,399 U.S. properties during the month, a 10 percent decrease from the previous ...


Bankruptcies Expected in Coming Months for Some of the Nation’s Biggest Homebuilders

RISMEDIA, February 12, 2009-Based on a review of the 33 U.S. homebuilders with more than $10M in revenue, more than 30 percent are in financial distress and in danger of filing for bankruptcy, according to an analysis by Grant Thornton Corporate Advisory and Restructuring Services. ...


The Washington Post and Trulia Announce Real Estate Partnership

Residential Real Estate Site to Power Local Listings Search on washingtonpost.com ...


Senate Passes Stimulus Bill, Real Estate Industry Reacts

NAHB estimates that the $15,000 tax credit would boost home sales by almost 500,000 ...


What Can a Half Century of Housing Inventory Data and Past Recessions Tell Us?

RISMEDIA, February 11, 2009-Like any other market, housing runs on supply and demand. Factors manipulate supply and demand like interest rates, employment, Wall Street, the government, and consumer confidence to name a few. But do we always have to accept what ...


Simple Tweaks to Ready Listings for the Next Wave in Online Search

RISMEDIA, February 11, 2009-Occasionally, changes in technology occur that greatly impact the real estate industry. In a webinar presented to EXIT Realty associates recently, Tom Emmendorfer, co-founder of the company behind EXIT e-Listings said, "I see two major changes occurring that will impact your real estate business as much as ...


Small Businesses More Easily Adapt

RISMEDIA, February 10, 2009-(MCT)-As one man's trash is another's treasure, one entrepreneur's failure is another's opportunity. I thought of these cliches last week when I noticed an advertisement from Allied Kitchen and Bath in Fort Lauderdale in The Miami Herald. In the ad, Allied was soliciting customers from the failed ...


Economic Woes Freeze Remodeling Market

RISMEDIA, February 9, 2009-The residential remodeling market declined further during the final quarter of 2008, according to the latest National Association of Home Builders' (NAHB) Remodeling Market Index (RMI). The current market conditions indicator slid to 27.7, from 33.5 in the previous quarter. Future expectations of remodeling work plummeted to ...


Real estate Q&A – Condo Buying & Understanding the Codes, Covenants and Restrictions

RISMEDIA, February 9, 2009-(MCT)-Q. My wife and I helped our daughter, financially, with the purchase of a condominium in October. We were given the Codes, Covenants and Restrictions for the homeowner's association prior to the close of escrow, and it indicated that the complex had 12 guest parking spaces. The ...


Dream Home with Energy-Saving Realities

RISMEDIA, February 6, 2009-(MCT)-Just a few miles south of 6755 Agave Azul Court, in suburban Henderson, Nev., there were at last count 6,300 homes in some stage of the foreclosure process. ...


Job-Loss Protection Made Available to Home and Auto Buyers

RISMEDIA, February 6, 2009-Creative Alliances, LLC announced that it has secured a preferred relationship with the Rainy Day Foundation (a Washington, DC 501 (c) 3) to provide their HELP Credit Counseling and Financial Protection Package which is available to the home buying and automobile buying marketplace. Central within this package ...


Home Energy Q&A – Is Your Thermostat in the Right Place?

RISMEDIA, February 6, 2009-(MCT)-Question: Please tell your readers that if their heating bills are too high, it may be because their builder put the thermostat in the wrong place. ...


Phishing Lures Hit Home

RISMEDIA, February 6, 2009-(MCT)-I received an e-mail on one of my unadvertised accounts from my mortgage lender, announcing that it had been trying to get in touch with me and asking me to respond with all sorts of personal information. ...


The Road to ‘Sold’

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What Comes Next – The Fallout of America’s Buying Binge

RISMEDIA, February 4, 2009-(MCT)-For many consumers, the jig is up. After years of supersizing our houses, cars, meals and closets, Americans' buying binge seems to be over. ...


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