Consumer News and Advice Archive


Home Price Reduction Levels Stay Above 25% for Fourth Consecutive Month

Sunday, October 11th, 2009
RISMEDIA, October 12, 2009—Trulia, Inc announced that 25.6% of homes currently on the market in the U.S. as of October 1, 2009 have experienced at least one
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Foreclosures Move Up-Market

Sunday, October 11th, 2009
RISMEDIA, October 12, 2009—Recently, there’s been a fair bit of anecdotal discussion around the assertion that foreclosures, once a problem just for the sub-prime
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Bad Economy Turns Renters into Roommates

Saturday, October 10th, 2009
RISMEDIA, October 10, 2009—Faced with uncertain economic times, renters around the nation are saving money on their monthly housing costs by opting to split a 3-bedroom apartment rather than living alone in more expensive 1-bedroom apartments. MyNewPlace, one of the largest online apartment listing sites, recently conducted a survey of ...
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Residents’ Passions About Community Go Beyond Economy

Saturday, October 10th, 2009
RISMEDIA, October 10, 2009—(MCT)-People like where they live for any number of reasons, but there are several stand-out qualities that ignite residents' passion for their communities—and how the area is dealing with the recession isn't one of them, according to a report recently released by Gallup and the Knight Foundation. ...
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Homebuyer Tax Credit Best Tool for Sustaining Housing Recovery

Thursday, October 8th, 2009
RISMEDIA, October 9, 2009—The best available tool for sustaining the still-fragile housing market is the $8,000 home buyer tax credit, and it is essential that Congress extend the credit into 2010, the National Association of Realtors® testified at a hearing of the U.S. House Small Business Committee recently.  ...
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AAG Announces Legendary Actor Peter Graves as Reverse Mortgage Spokesperson

Thursday, October 8th, 2009
RISMEDIA, October 9, 2009—American Advisors Group (AAG) has selected veteran film and television actor Peter Graves as its spokesperson for a national media campaign beginning Oct. 12. The new television commercials on national cable and broadcast networks will further promote the value and benefits of reverse mortgages for American seniors ...
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1.4 Million Families Have Taken Advantage of First-Time Home Buyer Tax Credit, More Claims Expected

Wednesday, October 7th, 2009
RISMEDIA, November 2, 2009—With the First-Time Home Buyer Tax Credit deadline quickly approaching, the Internal Revenue Service recently reminded potential home buyers they must complete their first-time home purchases before Dec. 1, 2009 to qualify for the special first-time home buyer credit*. The American Recovery and Reinvestment Act extended the tax credit, which has provided a tax benefit to more than 1.4 million
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Builders Ready to Work with White House, Congress to Extend Home Buyer Tax Credit

Wednesday, October 7th, 2009
RISMEDIA, October 8, 2009—The National Association of Home Builders (NAHB) commended the White House for recognizing the success of the $8,000
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Consumers Nationwide Pay Down Credit Card Debt in September

Wednesday, October 7th, 2009
RISMEDIA, October 8, 2009—Credit Karma, the consumer's advocate for demystifying credit, released its U.S. Credit Score Climate Report with trend data for September 2009. Consumer credit card debt decreased throughout the month of September. In addition, from June to September, credit card debt decreased by 4% nationally and four states ...
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