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Home Buying 101 Archive


First-Time Home Buyers Eager to Reap Tax Credit Benefits, but Unsure of Details

RISMEDIA, July 22, 2009-The federal tax credit for first-time home buyers is now half way to its Dec. 1, 2009, expiration date, and it seems fair to ask just how much it is helping real estate markets. The RE/MAX network in northern Illinois did just that, interviewing 40 RE/MAX agents from across the region about how the tax credit is impacting the first-time buyers with whom they work. "The overall conclusions we draw from the survey are twofold," said Jim Merrion, regional director of the RE/MAX northern Illinois real estate network. "First, buyers are generally aware


New Home Market Remains Weak across the Country

RISMEDIA, July 17, 2009-New home sales remained very slow at 1.6 sales per month per community, and prices continued falling,


Today’s Featured Listing: A Yachtsman’s Delight on Key Biscayne

RISMEDIA, July 17, 2009-With open water views that astound and delight, along with deep, protected water dockage that accommodates boats


Want to Buy a House? Buy a Ticket

RISMEDIA, July 15, 2009-(MCT)-With a housing market sinking to lows seldom seen in this country's history, some people are resorting to


GE Targets Net Zero Energy Homes by 2015

RISMEDIA, July 15, 2009-GE has announced that by 2015 it is developing a turn-key product portfolio that will empower consumers to build - both new home builders and existing homeowners - to efficiently consume, manage and generate electricity to enable an overall net zero annual energy cost. ...


Rethinking the Open House

RISMEDIA, July 14, 2009-It's a familiar weekend scene in American neighborhoods, the ubiquitous Open House; three signs, a flag


City Snapshot: In Twin Cities, Home Sales Increased in June, First-time Buyers Responding to Low Prices

RISMEDIA, July 14, 2009-(MCT)-The number of closed home sales in the Twin Cities during June shot up 20 percent compared with


National Real Estate President Connects with the General Public

RISMEDIA, July 14, 2009-EXIT Realty Corp. International announces a live, free, public webinar series starring the President of the US Organization, Tami Bonnell. ...


First-time Home Buyer? Get an Inspection

RISMEDIA, July 9, 2009-As many consumers are considering buying a house to take advantage of first-time home buyer tax credits, the American Society of Home Inspectors (ASHI) reminds them about the importance of getting a professional home inspection. According to ...


How Does Yield Spread Help Buyers Buy?

RISMEDIA, July 2, 2009-Opportunity is knocking fairly loudly for many considering homeownership. Home prices have declined in many markets


Florida Offers Help to Some with Home Down Payment

RISMEDIA, July 2, 2009-(MCT)-Starting Wednesday, Florida hopes to stoke its real estate market by becoming one of the few states to offer $8,000


Home Buyer Beware – 3 Little-Known Moving Scams

RISMEDIA, June 30, 2009-With millions of Americans moving this summer-the busiest part of the moving season-it bears repeating: beware of unscrupulous moving companies. Relocation.com, the leading online consumer resource for moving services, identified some of the less familiar tricks to avoid and offers guidelines to prevent getting taken. ...


Jewel-box Homes are Built Smaller, Smarter

RISMEDIA, June 26, 2009-(MCT)-They've been dubbed "jewel-box houses" - small homes designed with top-quality materials, upscale detailing and custom built-ins. ...


Have We Reached Bottom? 10 Factors to Consider

RISMEDIA, June 24, 2009-Historically, the value of real estate goes through cycles. Many factors affect the value of homes including the laws


May Existing-Home Sales Continue Rising Trend

RISMEDIA, June 24, 2009-Sales of existing homes showed another gain in May, benefiting from favorable affordability conditions and



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