Consumer News and Advice Archive


Credit Woes to Threaten Housing Recovery?

Tuesday, September 29th, 2009
RISMEDIA, September 30, 2009—Nearly two-thirds of single-family home builders are reporting a severe lack of credit for housing production, threatening the fragile housing recovery before it has time to take hold, according to a new builder survey of acquisition, development and construction (AD&C) financing conducted by the National Association of Home Builders (NAHB).  “Across the country, home builders and developers are reporting a deterioration in credit availability and intensifying pressure on borrowers with outstanding loans,” said NAHB Chairman Joe Robson, a home builder from Tulsa, OK.


Consumer Confidence Slips in September

Tuesday, September 29th, 2009
RISMEDIA, September 30, 2009—(MCT)—The U.S. consumer confidence index fell in September as Americans grew more concerned about the economy, their job prospects and their incomes, the Conference Board recently reported.  ...


Regional Spotlight: Florida’s Existing Home, Condo Sales up in August

Monday, September 28th, 2009
RISMEDIA, September 29, 2009—Florida’s existing home sales rose in August 2009– marking a full calendar year (12 months) that sales activity increased


Op-Ed: 60 Million Mortgages May Have Fatal Flaws

Monday, September 28th, 2009
RISMEDIA, October 5, 2009—The latest chapter in the mortgage meltdown is being written in court, as one by one, judges are putting a halt to foreclosures.


$2 Million Difference between Homes in Most Expensive and Most Affordable Market, According to Coldwell Banker Home Price Comparison Index

Monday, September 28th, 2009
RISMEDIA, October 5, 2009—The 2009 Coldwell Banker® Home Price Comparison Index (HPCI) recently released found a price gap of more than $2 million


The Possible Impact and Real Cost of Extending the First–Time Homebuyer Tax Credit

Sunday, September 27th, 2009
RISMEDIA, September 28, 2009—A recent survey conducted by Zillow in conjunction with Harris Interactive asked prospective first-time homebuyers how an extension


‘Real Deadline’ for First-Time Homebuyer Tax Credit is Mid-October at the Latest

Sunday, September 27th, 2009
RISMEDIA, October 5, 2009—Those interested in taking advantage of the First-Time Homebuyer Tax Credit must realize that the much-publicized November 30th deadline is for the closing date (i.e., the day keys are officially handed over). However, the list of customary closing requirements- ranging from mortgage approvals and appraisals to home ...


Real Estate Tips: Sell Your Home to Yourself

Sunday, September 27th, 2009
RISMEDIA, September 28, 2009—As you look around your home, it's hard not to notice all the minor flaws. Maybe you want to move to something bigger and better, but your realtor thinks you're better off staying put for a while. You don't have to wait out the market in a ...


5 Ways to Make Your Nest Egg Last a Lifetime

Saturday, September 26th, 2009
RISMEDIA, September 26, 2009—(MCT)—Back in the good old days, before the crisis of 2008-09, many experts suggested that all you needed to do was withdraw 4% per year,


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