Home prices rose in July, according to the S&P/Case-Shiller home price index, and have now risen for four straight months. The bad news? Home prices generally rise in July, and they’re still down 4.1 percent year on year.
real estate
Lofts: The One Bright Spot in the Real Estate Market
Oh, a loft … who doesn’t want to live in a large empty space that can be customized to fit your needs? Loft properties can be especially appealing to empty nesters, whose aging knees may dictate a preference for …
The Las Vegas Real Estate Agent Who Sold 931 Homes Last Year
How many homes do you think a real estate agent sells in a year? Ten? Maybe a couple dozen in a really good year? Well, it turns out the median agent does seven “sides” — that is, represents either a buyer or seller in a home transaction — in the course of a year. So it’s pretty remarkable that there’s an agent in Las Vegas who did 931 …
Downgrading the American Dream
The American Dream has been downgraded, too.
Top 10 Cities To Buy vs. Rent
Why Some Lowball Real Estate Offers Work — And Others Don’t
In the more than four years of the real estate recession, many wanna-be homeowners have been hunting for houses way above their realistic price range, banking on the hope that they can make a lowball offer and get it accepted.
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The Problem with Government Mortgage Refinancing Plans
Remember “Cash for Clunkers” — that stimulus program that got Americans to buy, by one estimate, 125,000 new cars? It cost $3 billion. Any guesses as to how much money is set aside for housing stimulus that remains unspent? …
ForSaleByOwner.com Founder Sells Condo — Using Real Estate Agent
Correction: An earlier version of this article mistakenly identified Colby Sambrotto as a founder of FSBO.com. In fact, he is a founder of ForSaleByOwner.com.
They’re known as “FSBOs” — properties that are For Sale By Owner. Every year, hundreds of thousands of properties are listed, not by real estate agents, but by the owners …
Best Wedding Gift Ever: A House Via the FHA Bridal Registry
Little-known HUD program allows couples, graduates and expectant parents to amass cash gifts from friends and family into a down payment on an FHA mortgage.
Bulldoze: The New Way to Foreclose
UPDATED (5:29 PM)
Banks have a new remedy for America’s ailing housing market: bulldozers.
There are nearly 1.7 million homes in the U.S. in some state of foreclosure. Banks already own some of these homes and will soon repossess many more. Many housing economists worry that a near constant stream of home sales by banks could keep …
From Deadbeats to a Target Market: Why Advertisers Are Going After Strategic Defaulters
AdAge says new "own-to-rent" class wields massive disposable income marketers must tap.
10 Things That Are Actually Getting Cheaper
We live in a time when the costs of things like gas and gold have soared, just as a laundry list of everyday expenses such as coffee, rent, health care, used cars, and bacon are approaching or have already reached all-time high …