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Consumer News and Advice Archive


Ask the Expert: How Can a Home Meet Both Short and Long-Term Needs?

Today's “Ask the Expert” column features Vik Raghavan, the CEO of GrayRoost. ...


Hot Property: Back on after Short Hiatus

(MCT)--Mariah Carey and her husband, Nick Cannon, popped their Bel-Air home back on the market at $12.995 million after a hiatus of more than a month. ...


Living Smart: Moving

(MCT)—If there’s a move in your future and you want to hire help with all or part of it, here are suggestions to unpack and stow away, offered by highly rated movers and satisfied customers: ...


Hot Property: Pink Lists Sherman Oaks Home…Again

(MCT)—Pink is taking another shot at selling a home she owns in Sherman Oaks, this time priced at $3.499 million. ...


Real Estate Q&A: Condo Rules Will Dictate Profit Division from Sale

(MCT)--Question: A family member of mine lives in an eight-unit condominium. A developer has offered to buy the building, and it was our expectation that the owners would split the money evenly because all the units are the same size. But some ...


Working at Home: Who Claims the Home Office Deduction?

Often cited as a “red flag” for audits, the home office deduction is in fact a legitimate business deduction with particular importance for certain careers and small business owners. Moreover—from the housing economics perspective—IRS data concerning the deduction, along with Census data ...


Great Spaces: Record-Breaking Mansion in Sydney, Australia’s Prime Waterfront

Owned by the Fairfax family, one of Australia’s most famous media dynasties, “Elaine” is set to break all previous price records in the local market. Based on independent sources, it is expected that the achieved sale price will be in the region ...


‘Cob’ Advocates Willing to Get Dirty to Build Home of Dreams

(MCT)—Making homes out of clay, sand and straw—a material called “cob”—might raise eyebrows in earthquake country, but California devotees are hoping to gain acceptance for what they say is an inexpensive, environmentally friendly and safe way to build. ...


How to Run a Business with Your Spouse

(MCT)—According to the Wall Street Journal, about a third of family businesses are operated by husband-and-wife teams. North Dakota State University researcher Glenn Muske dubs these couples “copreneurs” and believes those numbers are rising. ...


Fixed Mortgage Rates Tick Down

Recently, Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving down slightly as we head into the spring homebuying season. ...


Great Spaces: Actor Armand Assante’s N.Y. Farmhouse

Have you ever dreamed of owning a celebrity’s home? Actor Armand Assante’s former N.Y. home is currently being marketed and auctioned off. The residential farm estate (and associated properties) are located in Campbell Hall, N.Y. (Orange County). Located at 435, 451 ...


Costs Can Vary Widely for Home Repairs

(MCT)—Many homeowners are perplexed when they see defects in their homes. If there is a water spot on the ceiling, does it mean a few shingles on the roof need to be replaced? Or does an entirely new roof need to be ...


In Top Metro Areas, a Relationship Is Found between Income and Home Values

In a recent study, NAHB examines eight key housing statistics from the 2012 American Community Survey (ACS). This post takes a closer look at two of those statistics; the median household income and median value of owner-occupied housing units. ...


Diggin’ In: How to Grow a Terrarium

(MCT)—If only the rest of life were as simple as growing succulents in an open terrarium. ...


Hot Property: A Big Bang for the Buck

(MCT)—Kaley Cuoco-Sweeting and her husband, Ryan Sweeting, have listed their place in Sherman Oaks at $2.795 million. They recently bought the Tarzana home of former Laker Lamar Odom and television personality Khloe Kardashian for $5.499 million. ...