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Consumer News and Advice Archive


Home Equity Lines of Credit Jump 21 Percent through First Half of 2014

RealtyTrac® (www.realtytrac.com), a leading source for comprehensive housing data, has released its first-ever U.S. Home Equity Line of Credit Trends Report, which found that in the 12 months ending June 2014 a total of 797,865 Home Equity Lines of Credit (HELOCs) were originated nationwide, up 20.6 percent from ...


Millennials to the Front

Millennials sometimes get a bad rap. The generation born roughly between 1982 and 2005 has been called everything from ‘lazy’ to ‘entitled.’ Some say they never grow up or move out of their parents’ basements and blame them for the lack of a ...


Consumer Confidence Remains a Hardship on Stabilizing Market

Clear Capital recently released its Home Data Index™ (HDI) Market Report with data through September 2014. Using a broad array of public and proprietary data sources, the HDI Market Report publishes the most granular home data and ...


Hot Property: A West Coast Kennedy Colony

(MCT)—OK, so it’s not the six-acre Kennedy compound in Hyannis Port, Mass., but the recently minted Mr. and Mrs. Robert F. Kennedy Jr. (a.k.a. actress Cheryl Hines) have bought a compound in Malibu ...


Living Smart: Choose the Right Flooring for Rooms that Get Wet

(MCT)—Flooring is a foundational facet of any home project. But when the room you’re upgrading is prone to spills and splashes and the chance of leaks or flooding, carpet isn’t an ideal choice. ...


Ask the Expert: What Should I Pay Attention to when Buying an Older Home?

Today's “Ask the Expert” column features Jay Gregg, the Director of Marketing with Pillar To Post Home Inspectors. ...


Getting Started: How Young People Should Save for Retirement

(MCT)—How much do you need to save for retirement? ...


Ranked: Best U.S. Markets for Buying Residential Rental Properties

RealtyTrac® recently released its Q3 2014 Residential Property Rental Report, which ranks the best markets for buying residential rental properties. ...


Great Space: Future MLB Hall of Famer Randy Johnson Lists Arizona Estate for $25 Million

Baseball Great Randy Johnson, aka “The Big Unit,” has listed his 25,000-square-foot Paradise Valley, Ariz., estate for $25 million. The Joffe Group, Arizona’s top luxury real estate team and part of Berkshire Hathaway HomeServices Arizona Properties, was selected to sell the home. ...


Consumers See Happy Days

September Consumer Sentiment reached a 14-month high, driven by favorable prospects for the US economy and personal income expectations. Thomson Reuters/University of Michigan reported that consumer sentiment reached 84.6 in September, up from 82.5 at the end of August. ...


Edibles for Small Spaces: Berry Bushes Move to the Patio

(MCT)—The evolution of the berry bush continues. Once large and untamed, berry bushes are becoming smaller and are now being adapted for new uses, including as ornamentals. ...


Rupert Murdoch’s News Corp Acquires Move, Inc. for $950 Million Cash Deal

News Corp and Move, Inc. announced Tuesday that News Corp, the massive media empire owned by Rupert Murdoch, has agreed to acquire leading online real estate business Move, Inc. for $950 million in an all-cash tender offer. ...


Living Smart: Should You Do Your Own Garage-Door Maintenance?

(MCT)—It’s easy to ignore your garage door. But it’s a bad idea, because a broken overhead door is more than a hassle. It’s a danger. ...


Six Credit Report Tips for Homebuyers

(MCT)—Whether you plan to buy a home in six months or a year or two, you’ve probably been told to request your free credit report to check for errors and to see what a lender can learn about you from the report. ...


Buying a Home from a Foreign Seller? Don’t Forget FIRPTA!

Recently, I talked about the growing number of multicultural home buyers entering the American Real Estate market. But there is also some very important information American buyers need to heed if they are buying a home from a foreign owner. ...


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