Home Owner News Archive
RISMEDIA, July 1, 2010—(MCT)—With home sales sliding, employers reluctant to hire and world stock markets gyrating wildly, the U.S. economy is in danger of stalling. Now one of its only reliable sources of fuel is running out: federal stimulus spending.
RISMEDIA, July 1, 2010—Home sales increased 1.2% in May 2010 in California compared with the same period a year ago, while the median price of an existing home rose 23.2%, the California Association of Realtors® (C.A.R.) recently reported.
RISMEDIA, July 1, 2010—What’s not to love about the beach? The soothing sound of crashing waves, kids building sandcastles and seagulls scrambling for free snacks, all while you relax on your beach towel, mindlessly drifting away on your private mental yacht.
RISMEDIA, June 30, 2010—RealtyTrac, one of the leading online marketplaces for foreclosure properties released its first U.S. Foreclosure Sales Report, which shows that foreclosure homes accounted for 31% of all residential sales
RISMEDIA, June 30, 2010—(MCT)—For countless Americans struggling to make their mortgage payments, the problems have just begun.
Although a loan modification or foreclosure might allow them to put their housing problems behind them, millions will be dogged for years by the aftermath—a credit score so tarnished by the housing debacle that lenders will want to avoid them. And if they are able to obtain loans, high interest rates are likely to strain their budgets.
RISMEDIA, June 29, 2010—Because large financial institutions spend money on elections and advertising, they are able to control the dialogue and thus have been able to deflect any sort of accountability for the foreclosure epidemic they designed and executed.
RISMEDIA, June 29, 2010—(MCT)—While most financial-savvy consumers do their best to avoid debt, one debt that is unavoidable to many families is a mortgage. Because many of us feel more in control of our home and expenses without a mortgage,
RISMEDIA, June 28, 2010—(MCT)—Mortgage rates have tumbled to record lows, but high unemployment and job jitters by still-working Americans mean the milestone is unlikely to attract enough borrowers to boost the unsteady housing market, economic and real estate professionals say.
Mortgage buyer Freddie Mac reported recently that the average interest rate on a 30-year fixed-rate mortgage in the U.S. slipped to 4.69%, down from 4.75% last week. A year ago the rate was 5.42%.
RISMEDIA, June 28, 2010—(MCT)—Ending more than two weeks of often-contentious negotiations, House and Senate lawmakers reached agreement on the most far-reaching rewrite of financial rules since the Great Depression.
RISMEDIA, June 26, 2010—(MCT)—When the going gets tough, the houses get smaller. Or at least that's what data from the U.S. Census Bureau are suggesting.
The average size of a new single-family house shrank significantly from 2008 to 2009, the census figures show.
According to the data, the national average decrease was 51 square feet, to 2,422 square feet. In the Northeastern United States, the change was more dramatic: House size diminished by more than 200 square feet, to 2,529 square feet.
RISMEDIA, June 25, 2010—(MCT)—Sales of newly built U.S. homes collapsed in May 2010, the government said recently, falling to a record low and stirring concerns among some economists that the housing market would stumble again now that a popular federal tax credit for buyers has expired.
The Commerce Department said new homes sold at a seasonally adjusted annual rate of 300,000 units in May, a 32.7% drop from the revised April estimate and 18.3% below the May 2009 figure. It was the lowest sales pace and the biggest decline since the government began tracking figures in 1963. Sales fell across all regions.
RISMEDIA, June 25, 2010—(MCT)—Taking aim at homeowners who are able to pay their mortgage but decide it's not worth it, Fannie Mae plans to go after them in court and to limit their access to home loans for seven years.
RISMEDIA, June 25, 2010—(MCT)— More borrowers dropped out of the Obama administration's foreclosure prevention program last month than were added, but many of those homeowners found private help from their mortgage companies, according to
RISMEDIA, June 25, 2010—TripAdvisor, one of the world's most popular and largest travel communities announced the top vacation rental hot spots for 2010, based on TripAdvisor shopping data and site editors. These outstanding vacation rental destinations
RISMEDIA, June 25, 2010—American Home Shield Corporation (AHS), a leading national provider of home service plans, recently launched the Live Green Save Green website (LiveGreenSaveGreen.com), an online resource for homeowners and enthusiasts to learn and share strategies on reducing home energy consumption. ...