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Consumer News and Advice Archive


Seniors Increasingly Realizing Nest Egg in Life Insurance Policies

RISMEDIA, September 2, 2009—(MCT)—Seniors battered by the tough economy are selling their life insurance policies to replenish their retirement nest eggs.  ...


ZipRealty Launches New Online ‘Seller Tools’ to Reveal Local Commission Rates and Active Buyer Volume

RISMEDIA, September 2, 2009—Homeowners looking to sell their homes can now quickly and easily get a snapshot of the current, local real estate sales commission rates in their area, as well as see the number of active buyers shopping for homes in their neighborhood, thanks to a new suite of ...


Dow Jones Economic Sentiment Indicator Rises for Sixth Consecutive Month

RISMEDIA, September 1, 2009—The Dow Jones Economic Sentiment Indicator (ESI) reached its highest level in a year rising to 35.5 in August, the sixth consecutive monthly increase. The ESI's continued improvement lends guarded support to the growing view that the U.S. economy may be moving out of recession and into a ...


Consumers’ Moods Improve in August

RISMEDIA, September 1, 2009—(MCT)-U.S. consumer sentiment improved in late August, but not quite enough to exceed the reading from July, according to a survey released by the University of Michigan and Reuters. ...


New Regulations, FICO Study Big News for Credit Card Holders

RISMEDIA, August 31, 2009-(MCT)-Last week brought significant news to credit card holders. First, the initial phase of a landmark bill overhauling credit card laws took effect, and a new study shed light on the growing practice of credit card issuers' slashing consumers' credit limits. ...


Tax Breaks Beneficial for Buyers, Sellers and Owners

RISMEDIA, August 29, 2009-First-time homebuyers aren't the only ones to benefit from tax breaks. H&R Block urges homebuyers who are relocating for work or buying for other reasons to take advantage of incentives that can lower their tax bill. Plus, sellers should know how to report profits and losses to ...


Rand Realty ‘Goes Green’; Helps Buyers and Homeowners Conserve Energy

RISMEDIA, August 28, 2009-Better Homes and Gardens Rand Realty, one of the Hudson Valley's largest real estate brokerages with 22 locations, is "going green" in its offices and has introduced energy-audit discounts and educational programs to help sellers and homeowners reduce their energy consumption and bills. ...


RE/MAX Creates PSA Program to Educate Consumers on $8,000 Tax Credit, FHA Loans and Home Buying Process

RISMEDIA, August 28, 2009-RE/MAX of New England launched a series of public service announcements (PSAs) geared toward educating consumers during the home buying process. The series is the direct result of first-time homebuyer focus groups that showed that consumers lacked general knowledge about the home buying process and the tax ...


First-Time Home Buyers Dominate Real Estate Market

RISMEDIA, August 27, 2009-With the first-time home buyer's tax credit in full effect, younger buyers are taking the opportunity to enter the real estate market and the New Jersey real estate market has seen its fair share of first-time buyers ...


Regional Spotlight – Massachusetts Home Sales Climb 12% in July; Price Decline Smallest in Over a Year

RISMEDIA, August 26, 2009-Bucking a six-month trend of falling home sales, Bay State home sales shot up nearly 12% in July 2009 year-over-year while the decline in median home prices narrowed, The Warren Group reported. ...


Budget-Cautious Renters Turn Toward Apartment Amenities for Entertainment

RISMEDIA, August 26, 2009-Renters across the country have cut costs this summer and remained closer to home. According to an Apartments.com national survey of more than 1,000 renters around the country, 55% of respondents said they are spending more time in their apartments this summer compared to previous years, citing ...


The Eagle Has Landed, and All Is Well

RISMEDIA, August 25, 2009-Just over 40 years ago, Neil Armstrong opened the hatch of his lunar module and stepped out onto the surface of the moon. The moment was recorded and transmitted to over 600 million people around the globe who marveled at this extraordinary accomplishment. ...


Cash for Clunkers Program Draws to Close

RISMEDIA, August 24, 2009-(MCT)-There has never been a better time to take $3,500 or $4,500 from the government for trading in your gas-guzzler. But come 8 p.m. EDT today (Monday, August 24), time's up. ...


Homes in Walkable Neighborhoods Sell for More, Study Finds

RISMEDIA, August 29, 2009-(MCT)-Homes located within walking distance of amenities such as schools, parks and shopping aren't only more convenient for their owners, often they're also worth more than homes in neighborhoods where driving is the rule, according to a new study. ...


New Federal Law Protects Renters from Eviction After Property Foreclosure

RISMEDIA, August 21, 2009-Renters need not fear being blindsided by foreclosure and becoming homeless overnight- new federal legislation provides tenants of foreclosed rental property plenty of notice and, more importantly, peace of mind. ...


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