Real estate markets are somewhat inefficient. This shortcoming allows me to make my living, because as an agent, I can add value with a keen sense of pricing. However, the imperfect market also allows room for scams. Meet the …
real estate
Man Gets Foreclosure Notice, Demanding He Pay $0.00 or Else
Earlier this year, a Massachusetts man received a worrisome letter, stating that his house might be foreclosed on. But he could avoid his fate — by paying $0.
The Case Against High-End Rentals
Today’s piece by Diane Cardwell in The New York Times made the case that demand is robust and living is easy at high-end rentals, apartments or townhouses — where monthly rent starts at $10,000. The picture is half-right. As an …
Should Housing Data Affect Your Stance on Homeownership?
The media is abuzz with analysis of the latest housing data. Many outlets are running with the “housing tanks” headline, Slate pondered the benefits of renting’s increasing popularity, and our own bleary-eyed real estate guru Ali …
Foreclosure Watch: It’s Not as Bad as You Think
As the U.S.’s foreclosure crisis plays out, homeowners are slowly catching up on paying their mortgages.
Poking Holes in The Depressing Housing Data
When the March Case-Shiller housing price data came out on Tuesday showing that prices in 19 of the 20 cities in the index had fallen, the news was unwelcome, to say the least.
Foreclosures: Are Bank Regulators Messing Up the Housing Recovery?
Foreclosures are down. Time to celebrate? Not really. Realtytrac, which monitors foreclosures, says the number of people losing their homes is dropping not because people are having fewer financial problems but because banks are taking longer to process foreclosures. And that’s not because they are modifying loans and helping people stay …
Housing Drop: More Bad News for the Economy
The new homes market is looking more and more barren (Photo: Chris Keane/REUTERS)
It might be time to bring back the home buyer tax credit.
On Wednesday, a day after the National Association of Realtors said sales of existing homes dropped 2.2% in October, the Census Bureau said that new home sales had dropped a full 80% below their …