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Consumer News and Advice Archive


Your Place: What to Do If You Smell Gas in Your Home

(MCT)—Art is imitating life here. ...


The Great Delay: Student Loan Debt and Homeownership

A record number of Millennials, individuals aged 18 to 34 years, are delaying household formation. This “Great Delay,” instead of the forbearance of impending doom, may actually be a sign of prudent economic decision ...


The Most Affordable Cities for Millennial Buyers

It’s no secret young buyers have faced challenges when it comes to saving money to purchase a home of their own thanks to limited job opportunities and skyrocketing debt. Despite all this, the millennial generation still believes in homeownership. To help them achieve ...


Making Home Construction Less of a Disruption

(MCT)--Did you know that remodeling your home can be as stressful as moving into a new one? You may have decided to remodel the old kitchen, or perhaps you’re adding on to your home so that mom or dad can live with ...


Living Smart: Keep Care of Kitchen Appliances on Front Burner

(MCT)--Next time you use your fridge, dishwasher or stove, be careful that you’re not unknowingly making it vulnerable to an early breakdown. ...


Great Spaces: Take a Bite Out of Dracula’s Castle

Perched in the Transylvanian mountains like a harbinger of death or a vulture or something equally as creepy, the castle that inspired Bram Stoker’s “Dracula” tale is now for sale. Although only allegedly believed to be the inspiration for the Irish author’s ...


Hot Property: Bruce Willis Decides His Beverly Hills Mansion Is Expendable

(MCT)—Bruce Willis has sold his walled and gated mansion in Beverly Hills for $16.5 million. ...


Eye on the Economy: Existing Home Sales Improving

Existing home sales increased 2.4 percent in July, tallying the fourth consecutive month of increase. While the pace of existing home sales remains 4.3 percent below the July 2013 rate, the steady improvement for resales is positive news for the ...


Mortgage Credit Availability Decreases Slightly in August

Mortgage credit availability decreased in August according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from the AllRegs® Market Clarity® product. ...


Buying a Multigenerational Home

(MCT)—Suppose you’re buying a home. And suppose, too, that you have an elderly parent or adult child who’d like to live in your home with you. Why not buy a home together as a family? ...


Your Place: Breathe Easier, It’s Mold Awareness Month

(MCT)—It’s rare that I catch one of these “specialty” months while it's still ongoing, but today I’m right on top of September as Mold Awareness Month. ...


Interest Rates Little Changed on New Home Loans

On August 28, the Federal Housing Finance Agency (FHFA) reported that, overall, mortgage interest rates were flat in July. To a large extent, the same was true for the subset of loans used to purchase new homes. Between June and July, the average contract interest rate on conventional mortgages for ...


How Many Homes Fit on a Football Field?

Given that single-family homes have been generally getting larger, it may be tempting to assume that the lots they’re sitting on are getting larger as well. However, according to the Census Bureau’s Characteristics of New Single-Family Houses Sold, the opposite is closer to ...


Your Place: Get Home Prepared Well before Hurricane Strikes

(MCT)—Three years ago, my family and I drove overnight from Maine to New Jersey, trying to get home ahead of Hurricane Irene. ...


Improving Economy Slowly Brightens Outlook for Commercial Real Estate

The strong rebound in economic growth during the second quarter and ongoing job creation are gradually improving the outlook for all of the major commercial real estate sectors, according to the National Association of REALTORS® quarterly commercial real estate forecast. ...


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