Today’s Top Story – Consumer Archive


Top 7 Reasons Why Buying Is Better Than Renting

RISMEDIA, July 30, 2009-Christine Van Tuyl and Margaret La Grange, an award-winning mother-daughter team with Prudential California Realty


Energy Efficient Homes Are Smart Investment for Savvy Homebuyers

RISMEDIA, July 29, 2009-In these economic times, the decision to purchase a home has become a very serious consideration, with cost


First-Time Homebuyers Have Unique Advantage in Mortgage Market

RISMEDIA, July 28, 2009-(MCT)-First-time homebuyers and those thinking about refinancing are in a great place.


For Some, Small Homes are Just the Right Size

RISMEDIA, July 27, 2009-(MCT)-They had the land and the plan ready for a 3,000-square-foot retirement home.


Signs of Change: Existing-Home Sales Rise 3.6% in June

RISMEDIA, July 24, 2009-Existing-home sales rose for the third consecutive month with inventory easing and home prices declining less sharply


Forty-Two Percent of Americans Have Below-Average Credit Scores

RISMEDIA, July 23, 2009-Forty-two percent of U.S. consumers have credit scores between 550 and 699. As a result, these consumers typically don't


First-Time Home Buyers Eager to Reap Tax Credit Benefits, but Unsure of Details

RISMEDIA, July 22, 2009-The federal tax credit for first-time home buyers is now half way to its Dec. 1, 2009, expiration date, and it seems fair to ask just how much it is helping real estate markets. The RE/MAX network in northern Illinois did just that, interviewing 40 RE/MAX agents from across the region about how the tax credit is impacting the first-time buyers with whom they work. "The overall conclusions we draw from the survey are twofold," said Jim Merrion, regional director of the RE/MAX northern Illinois real estate network. "First, buyers are generally aware


Loan Modification Efforts Helping Few Troubled Homeowners

RISMEDIA, July 21, 2009-(MCT)-Despite efforts by the federal government and banks to stop the home foreclosure disaster, frustrated borrowers are still battling red tape and delays in their attempts to negotiate lower payments, even as hundreds of thousands of them lose their homes every month. Banks say they're swamped with inquiries and are just now completing the first mortgage "loan modifications" under the Obama administration's Making Home Affordable plan, the program begun in April 2009


Gen Y: Use Your Social Media Skills to Land the Perfect Job

RISMEDIA, July 20, 2009-Students looking for a job in this market need more than a career coach, they need connections! It seems everyone believes you need connections to people, but very few job hunters understand you have a real edge when you are connected to current information, skills, and trends. What's questions should students should ask themselves before looking for a career?


Consumer Mortgage Audit Center Reveals the 5 Most Common Mortgage Violations

RISMEDIA, July 17, 2009-Ninety-eight percent of all mortgages are potentially eligible to be renegotiated due to Truth in Lending Act violations


1.9 Million Foreclosure Filings Reported on More Than 1.5 Million U.S. Properties in First Half of 2009

RISMEDIA, July 16, 2009-RealtyTrac®, a leading online marketplace for foreclosure properties, has released its Midyear 2009 U.S. Foreclosure Market Report,


Want to Buy a House? Buy a Ticket

RISMEDIA, July 15, 2009-(MCT)-With a housing market sinking to lows seldom seen in this country's history, some people are resorting to


City Snapshot: In Twin Cities, Home Sales Increased in June, First-time Buyers Responding to Low Prices

RISMEDIA, July 14, 2009-(MCT)-The number of closed home sales in the Twin Cities during June shot up 20 percent compared with


How to Design A Kid’s Room with Staying Power

RISMEDIA, July 13, 2009-(MCT)-Dora the Explorer can undergo all the makeovers she wants - that Dora comforter is still getting chucked faster than last year's gym shoes when Hannah Montana comes calling. And therein lies the quandary for parents trying ...


Do you Have Above-Average Credit?

RISMEDIA, July 11, 2009-Forty-two percent of U.S. consumers have credit scores between 550 and 699. As a result, these consumers typically don't qualify for preferred interest rates and, depending on their overall credit profile, they may not even qualify for certain loans and credit cards. The primary challenge is that most consumers don't understand what impacts their credit profile and, more importantly, don't know what actions they can take to help improve it.