Monday, January 23, 2012

Friday, January 20, 2012

9 remodeling tips to make your home feel bigger

You don't have to be underwater on your mortgage to feel trapped in your home. **** 9 remodeling tips to make your home feel bigger:

Rapper Drake Looking To Flip Two Miami Apartments

Merely 12 months after purchasing the swanky units, the hip hop celebrity is selling them at significantly higher prices.**** Rapper Drake Looking To Flip Two Miami Apartments:

Mortgage applications surge amid record-low rates

Mortgage loan applications surged 23% last week, according to the Mortgage Bankers Association, as record-low interest rates convinced many homeowners it was time to refinance into lower-cost loans. **** Read More;  Mortgage applications surge amid record-low rates:

Institutional Buildings Converted to Luxury Housing

The creation of a small number of high-end units from buildings that once housed multitudes may seem incongruous, but developers say the decision is driven by the market. **** Institutional Buildings Converted to Luxury Housing: 



Thursday, January 19, 2012

Economic standstill stalls housing recovery: IHS report

Wage stagnation and weak consumer confidence among young adults are two factors delaying a housing recovery, according to a new report from IHS Global Insight.The report was presented to the United States Conference of Mayors this week.
According to the report, house prices are still searching for a bottom at a time when wages are stagnant [...]    Economic standstill stalls housing recovery: IHS report:

Upgrading a Home Before a Sale - Market Ready

So you inherited a beat-up house. Is it better to sell as is or invest in repairs and upgrades? **** Read More At; Upgrading a Home Before a Sale - Market Ready

Wednesday, January 18, 2012

Foreclosure nightmares: Fighting for their homes

Foreclosure nightmares: Fighting for their homes: With more than 200,000 households receiving foreclosure notices each month, there are bound to be a few mistakes. But for some unlucky homeowners, these blunders carry some serious consequences.

Are LED Lightbulbs Worth The High Cost?

In order to get the government spending bill passed, on Dec. 16, Republicans agreed to put on hold the implementation of a bill that would require more efficient light bulbs which, in the minds of many, meant the end of the much loved (and cheap) incandescent bulb. Proponents of the bill were quick ...**** Are LED Lightbulbs Worth The High Cost?: by??Tim Parker

Tuesday, January 17, 2012

RE/MAX finds unexpected jump in December home sales

Home sales unexpectedly jumped 5.7% in December from the month before, according to a report from real estate franchiser RE/MAX.Sales usually fall in the winter months. But homes continued moving late last year, up 1.1% from December 2010. It's the sixth consecutive month of yearly increases. Home prices, however were nearly flat from the previous [...] **** RE/MAX finds unexpected jump in December home sales:

O.J. Simpson faces foreclosure on Miami house

Court records indicate that O.J. Simpson is now facing foreclosure on his Miami home while he is in prison in Nevada.JPMorgan Chase filed for foreclosure on the four-bedroom, four-bath house in Kendall in September, the Associated Press reports. Simpson's attorneys have since filed a motion to dismiss the case.
Simpson bought the house [...]  O.J. Simpson faces foreclosure on Miami house: 

Monday, January 16, 2012

Housing: The one bailout America could really use

Please take a minute and read, she is very good and gives you something to think about!
Laurie Goodman is an apolitical number cruncher who has spent most of her 28-year career out of the public view, studying the minutiae of mortgage-backed securities (MBS) for big investment banks. She's long been a star among Wall Street insiders, however. She holds the record for the most top rankings for fixed-in-come research from the trade bible Institutional Investor.**** READ MORE AT; Housing: The one bailout America could really use:

Sunday, January 15, 2012

Beware of debit card drafts

Checking account get hijacked. Apparently, overseas scammers gained access to his account information because he used a debit card to pay charges on a video game system account. Next thing he knew, money had vanished from his account at a credit union, and because that account no longer contained the funds it should have, my friend was hit with multiple overdraft fees. To make matters worse, he was told he would have to pay additional fees to block some regularly scheduled Automated Clearing House (ACH) transactions that would have further overdrawn his account. *** Beware of debit drafts The Post and Courier, Charleston SC - News, Sports, Entertainment

Friday, January 13, 2012

Tracking Firm Reports Foreclosures Down in 2011 – But Not Really

“Foreclosures were in full delay mode in 2011, resulting in a dramatic drop in foreclosure activity for the year,” said Brandon Moore, CEO of RealtyTrac. “The lack of clarity regarding many of the documentation and legal issues plaguing the foreclosure industry means that we are continuing to see a highly dysfunctional foreclosure process that is inefficiently dealing with delinquent mortgages — particularly in states with a judicial foreclosure process." Tracking Firm Reports Foreclosures Down in 2011 – But Not Really: "

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