More parents helping kids buy homes

More parents helping kids buy homes: Hey, baby boomers! Pondering what gift to get your kid who's all grown up? For many of your peers, the answer is a house.

BofA developing foreclosure rental programs to deal with distressed properties

BofA developing foreclosure rental programs to deal with distressed properties: Bank of America (BAC: 5.72 +2.33%) is looking at a new program to rent a home back to the borrower after foreclosure.
"There are programs that we are quite interested in," said Ron Sturzenegger, who leads the bank's legacy asset servicing division, in an interview with HousingWire. "We are talking with investors that would come in [...]

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JPMorgan warns home prices face another 5% decline

JPMorgan warns home prices face another 5% decline: Existing home sales could tick up in 2012, leading to the sale of 5.5 million units, but price declines are still expected for the next few months.
JPMorgan Chase (JPM: 33.05 +2.58%) made that conclusion in its latest North America securitized products research report. Analysts forecast home prices could fall another 5% between Sept.30 and [...]

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Retiree havens go on sale

Retiree havens go on sale: Even if you're a decade or more away from quitting time, you may be thinking about buying a retirement home right now.

Zillow sponsors Home Price Expectation Survey

Zillow sponsors Home Price Expectation Survey: Real estate information provider Zillow (Z: 24.80 +0.81%) recently partnered with research firm Pulsenomics to exclusively sponsor the latter's quarterly Home Price Expectation Survey.
The survey, which was first published in May 2010, will be renamed the Zillow Home Price Expectations Survey in its December 2011 edition.
The survey is a quarterly report based on the views [...]

The "E-Mail Effect" - And Its Impact

The "E-Mail Effect" - And Its Impact: The subject is old, but this is possibly a new or at least a different perspective on it. The issue is what I call the e-mail effect.It relates to the words you use or the reaction you elicit when e-mailing on a sensitive (or even a not-so-sensitive) subject.Here is an example ...

Eight Secrets To Getting More Done In 2012

Eight Secrets To Getting More Done In 2012: Work smarter, not harder. Here's how.

Anatomy Of A Credit Score

Anatomy Of A Credit Score: What?s in a credit score? You probably know that your credit score helps determine whether you get approved for a loan or credit cards, and at what rates you qualify. The better your credit score, the better your chances of getting credit with favorable terms. But the elements that factor into your score may seem ...

Euro Crisis Will Only Get Worse And Do Serious Damage To Investors

Euro Crisis Will Only Get Worse And Do Serious Damage To Investors: Eventually the markets will be so tired of false, ineffective promises that the markets will conclude that Eurozone leaders have no credibility and will reject the Euro currency.

Mortgage rates dip below 4% — again

Mortgage rates dip below 4% — again: Fixed-rate mortgages rates were largely unchanged and near record lows, according to Freddie Mac and Bankrate mortgage surveys.
The 30-year fixed dipped to 3.99% for the week ending Dec. 8 with an average 0.7 point, and at 3.27%, the 15-year, fixed-rate mortgage with an average 0.8 point, was just slightly above its all-time low of 3.26%, [...]

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NY Fed: House flippers contributed to bust and boom

NY Fed: House flippers contributed to bust and boom: Four years after the housing bust, researchers at the Federal Reserve Bank of New York are putting some of the blame on real estate speculators, saying they played a key role in blowing up the housing bubble that eventually popped, causing home prices to tumble nationwide.
In a report titled "Flip This House: Investor Speculation and [...]

If You Won The Lottery Tomorrow, What Would You Do? Bank <b>...</b>: Compare online banks, major banks, regional banks and credit unions to see which one offers the highest interest rate. Your money will grow faster that way. Now is the time to settle that retirement account once and for all. Maybe you never ...

Distressed subprime loans tumble in Southeast, Federal Reserve report shows: The percentage of distressed first-lien subprime loans among residential borrowers in the states that make up the sixth district of the Federal Reserve fell in the third quarter from a year earlier, according to the Federal Reserve Bank of Atlanta.
The district consists of Alabama, Florida, Georgia, Louisiana, Mississippi and Tennessee.
The percentage of loans that were [...]

Citigroup to cut 4,500 jobs, take $400 million charge

Citigroup to cut 4,500 jobs, take $400 million charge: Citigroup Inc. will eliminate roughly 4,500 jobs over the next few quarters, or about 1.6% of its work force, as volatile financial markets and new regulations crimp profits.
Vikram Pandit, Citigroup's chief executive, disclosed the move on Tuesday afternoon at a Goldman Sachs investor conference in New York. Mr. Pandit said Citigroup would take a [...]

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Florida Realtors see mini-recovery in the Sunshine State

Florida Realtors see mini-recovery in the Sunshine State: Heading into 2012, Florida Realtors say the Sunshine State is already in a mini-recovery with sales trending up and inventories starting to fall.
The association of state real estate agents concluded during its 2012 Real Estate Economic Forecast Conference Tuesday in Orlando that Midwesterners wanting homes in Florida will be able to find deals throughout next [...]