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Consumer News and Advice Archive


Ask What Your Roof Can Do for You

RISMEDIA, October 5, 2009—Replacing a roof is a major investment for any homeowner. When considering such a significant home improvement project, it makes sense that consumers will have questions. ...


Record Streak Continues for Pending Home Sales

RISMEDIA, October 3, 2009—Pending home sales have increased for seven straight months, the longest in the series of the index which began in 2001, according to the National Association of Realtors®.  ...


Stalking the Elusive Foreclosure Deal; Bargains are Few, Obstacles are Many

RISMEDIA, October 2, 2009—(MCT)—Joseph Licari and Danielle Block had a simple goal when they started house-hunting. "We were looking for a bargain," said Licari, a civil engineer. "And the bargains were in bank-owned and foreclosed homes." They recently bought one of those properties, a small Cape Cod on a leafy street ...


Going Where the Jobs Are; Tips for Making a Good Move

RISMEDIA, October 3, 2009—(MCT)—Americans have been casting a wider geographic net when looking for work in today's tough job market, and even as a recovery materializes it's possible that more of them will consider moving for a paycheck.  ...


First-Time Homebuyers Buoy Real Estate Market

RISMEDIA, October 2, 2009—(MCT)—The housing market is getting a much-needed boost as first-time homebuyers rush to take advantage of an $8,000 federal tax credit that is set to expire Nov. 30, 2009.  ...


Time Expiring on Home-Buying Tax Credit

RISMEDIA, October 1, 2009—(MCT)—Realtors are bracing- make that hoping- for a flurry of activity in the next few weeks as a tax credit for first-time home buyers edges toward its expiration.  ...


Early 401k Withdrawals Thwart Long-Term Goals

RISMEDIA, October 1, 2009—(MCT)—A forthcoming federal report on retirement savings recommends easing a penalty for hardship withdrawals from 401(k) plans and that workers receive better education about the consequences of such decisions.  ...


Credit Woes to Threaten Housing Recovery?

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 ...


Consumer Confidence Slips in September

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

RISMEDIA, September 29, 2009—Florida’s existing home sales rose in August 2009– marking a full calendar year (12 months) that sales activity increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors®.  ...


Op-Ed: 60 Million Mortgages May Have Fatal Flaws

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. The latest was a recent Kansas Supreme Court case. In Landmark National Bank v. Kesler, the court held that a nominee company called ...


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

RISMEDIA, October 5, 2009—The 2009 Coldwell Banker® Home Price Comparison Index (HPCI) recently released found a price gap of more than $2 million between the most expensive and most affordable U.S. housing markets. ...


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

RISMEDIA, September 28, 2009—A recent survey conducted by Zillow in conjunction with Harris Interactive asked prospective first-time homebuyers how an extension of the $8,000 tax credit would influence their decision to buy a home next year. If the credit were extended, of those who intend to buy a home, 18% ...


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

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

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 ...


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