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Consumer News and Advice Archive


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. ...


How Is the Economic Stimulus Package Helping Buyers and Sellers?

RISMEDIA, August 20, 2009-As Realtors nationwide alongside the government work to create new programs and innovative strategies in order to lure new buyers into the market, now may be a good time to look at the way in which the American ...


Mortgage Loan Delinquency Rates Rise, but Pace Is Slowing

RISMEDIA, August 20, 2009-TransUnion.com released the results of its analysis of trends in the mortgage industry for the second quarter of 2009 and the associated impact on the U.S. consumer. The report is part of an ongoing series of quarterly consumer lending sector analyses focusing on credit card, auto loan and ...


‘Making Loan Modification Affordable’ Program Aims to Make Loan Mitigation More Accessible

RISMEDIA, August 20, 2009-Amid the buzz about Obama's "Making Home Affordable" plan intended to help millions of Americans "reduce their monthly mortgage payments to more affordable levels," one San Diego-based law firm has launched its own synergistic "Making Loan Modification Affordable" plan to help financially-strapped homeowners at risk of foreclosure garner ...


Homeowners Fight for Loan Modifications from Swamped Mortgage Servicers

RISMEDIA, August 19, 2009-(MCT)-After losing his job in January, Stuart Miller has fought hard to keep his home out of foreclosure. At the end of May, the Plano, Texas, man began trying to get Wells Fargo & Co. to review his ...


Act Now to Take Advantage of the $8,000 First-Time Buyer Tax Credit

RISMEDIA, September 1, 2009-Since Congress passed the American Recovery and Reinvestment Act earlier this year, many have seized the opportunity offered by the $8,000 tax credit for first-time home buyers. When you factor in today's historically low interest rates and housing affordability with the financial incentive from the government, ...


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