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Consumer News and Advice Archive


How Many Homes Fit on a Football Field?

Given that single-family homes have been generally getting larger, it may be tempting to assume that the lots they’re sitting on are getting larger as well. However, according to the Census Bureau’s Characteristics of New Single-Family Houses Sold, the opposite is closer to ...


Your Place: Get Home Prepared Well before Hurricane Strikes

(MCT)—Three years ago, my family and I drove overnight from Maine to New Jersey, trying to get home ahead of Hurricane Irene. ...


Improving Economy Slowly Brightens Outlook for Commercial Real Estate

The strong rebound in economic growth during the second quarter and ongoing job creation are gradually improving the outlook for all of the major commercial real estate sectors, according to the National Association of REALTORS® quarterly commercial real estate forecast. ...


Speakers Announced for RISMedia’s Power Broker Forum

Attendees at this year’s NAR Annual Conference and Expo will have a special opportunity to hear several of the nation’s most successful industry leaders break down their strategies for success at RISMedia’s 19th annual Power Broker Forum, titled, “Power Broker Strategies for Enhancing the Consumer Experience.” ...


Tips to Make a Smooth Back-to-School Transition

(MCT)—Gearing up to go back to school can be hectic. It can take some time for families to feel comfortable with their new schedule. Starting the new routine before school begins can help families ease back into the school year. These simple ...


U.S. Negative Equity Falls to 17 Percent

One in six (17 percent) U.S. homeowners with mortgages – or 8.7 million – were still underwater on their mortgage in the second quarter of 2014, despite rising home values, according to the Zillow® Negative Equity Report. This is down from 18.8 ...


Beware, Mortgage Scammers on the Rise Again

(MCT)—For years, it was “the Wild West” of real estate scams. ...


New Home Sales Hesitate

New home sales fell another 2.4 percent to an annual rate of 412,000 in July, down 10,000 from an upwardly revised June figure of 422,000. The last three months of sales averaged the same as the annual figure for 2013 at 429,000—but in contrast to the first two months of ...


Recovery Will Continue: A Perspective of the U.S. Residential Housing Market

Editor’s Note: The following is a perspective on the housing market recovery provided by HomeServices of America. ...


A Fight for Urban Trees: Wealthier Neighborhoods Leafier

(MCT)—The benefits of trees—from their grace and beauty to their gifts of cool, clean air and stress relief—are well-known and documented in study after study. Yet as the city grows, it is struggling to hold onto its trees, especially in poorer areas. ...


Why the School District Should Impact Your Home Search

Buying a home in a good school district can result in resale advantages, offer protection from market fluctuation and provide a great education. Real estate experts in markets across the country share what you should know about a school district’s impact on ...


Ice Bucket Challenge Is Taking America’s Charitable Giving by Storm

(MCT)—Martha Stewart did it. So did Justin Timberlake, Jimmy Fallon, Roger Goodell, Carson Daly, the New England Patriots, Ethel Kennedy, Adam Zuckerberg, Knightro the University of Central Floria mascot and probably someone you know. ...


Affordability Approaches Pre-2004 Norm as Prices Firm

Housing affordability dipped slightly in the second quarter of 2014 as several markets saw a firming of home prices, according to the NAHB/Wells Fargo Housing Opportunity Index (HOI).  Nationwide, the second quarter HOI was 62.6—i.e., 62.6 percent of new and existing ...


Bon Jovi’s Soho Penthouse Drops in Price

If you've been looking for a high-end real estate deal, you're in luck…sort of. Jon Bon Jovi's Soho penthouse was recently reduced from $42 million to $37.5 million. The 7,452-square-foot spot has been ...


Real Estate Q&A: Who Gets the Money?

(MCT)—Q: We had an investment property that fell into foreclosure a few years ago. It finally went to auction and was bought by a third party for about $20,000 more than what we owed the lender. Who gets that money?  — Liz ...


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