Latest Post
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Mortgage Industry Group Short Sales Own Headquarters
The Mortgage Bankers Association is the trade association for the lending industry: they put out weekly stats about mortgage application volume and refis, advocate fair lending, and lobby for their members, a group that includes law firms, tech companies like IBM, and, of course, mortgage bankers and brokers. And, it’s been revealed, they’re going to be [...]
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Should You Buy a Timeshare?
The timeshare business is getting kicked in the head, according to reporter Kris Hudson of The Wall Street Journal. He writes that Starwood Hotels and Resorts Worldwide is pulling back on development, which is reflected in a $362 million fourth-quarter writedown. This after Marriott International Inc. wrote down $165 million last fall, covering the [...]
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Walking Away from Your Mortgage Can Have Hidden Tax Consequences
Should you walk away from your mortgage if you owe too much money? It depends. One highly important factor, which I feel is getting very short shrift in the conversation about debts, is what the rest of your financial picture looks like. We writers like to key our personal finance advice to the widest possible audience, [...]
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Home Sales Down, Median Prices Up
December home sales numbers are in, with the volume of properties sold dropping by 17 percent and the median price of properties sold rising by 1.5 percent. Alison Rogers explains the distortions caused by the first-time homebuyer tax credit, and looks to the future.
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Latest Report Card on “Good” and “Bad” Mortgage Lenders
The newest report on loan modifications — a January report based on December data — came out last week, and it’s at least a little better. As of a month ago, 31,382 permanent modifications had taken place; now that’s more than doubled, to 66,000, with another 46,000 wrapped up and ready for the borrowers to [...]
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Photo Tricks to Sell Your Home
In a smartphone world, real estate photography is more important now than ever. Here are five real estate photography tips from Larry Lohrman, the author of "Learn Real Estate Photography Technique" and "Real Estate Photographer Stimulus Package."
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French Squatters Told to Leave Parisian Mansion
Parisian squatter group jeudi noir told by court to leave $20 million mansion; their fine, however, is a slap on the wrist -- a sign of sympathy for Paris' housing problems.
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Real estate ads expected to jump — in newspapers
A new report from advertising research firm Borrell's notes that real estate ad spending in newspapers, which fell 34 percent last year, is predicted to rise. Moneywatch looks at the impact on home buyers and home sellers.
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3 Things for Homebuyers to Do Now
Want to save money and buy the best possible home for you? In anticipation of the spring real estate market, here are three things for potential homebuyers to do now.
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How to Have a Safe and Secure Open House
If you're selling your home, here are tips for making sure your open house is theft-proof. Better safe-than-sorry ways to protect your jewelry, Social Security Numbers, electronics and more.
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