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Home Buying News Archives

Home Buying News Archives for May 2008

May 31, 2008 | London Free Press

in the Driver's Seat: So what's on your plate?

You hear the phrase "pride of ownership" in real estate a lot. It's indicative of a well-kept house that shows the owners realize that keeping your living quarters neat and fresh benefits not only you, but the ...

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Related Topix: Home, Autos

Fri May 30, 2008

WHO-TV Des Moines

Des Moines: Real Estate

From Right at Home Daily Finding a qualified contractor may be one of the most difficult tasks you have as a homeowner.

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Related Topix: Des Moines, IA, Des Moines Metro, Home, Mortgage

ScrippsNews

10 crucial steps to short sale buying

There are very few active buyers in the real estate market these days -- but every one of them seems to be looking to buy a foreclosure or a short sale.

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Related Topix: Home, Real Estate, Home Listing, Foreclosures, Mortgage, Personal Finance

Wed May 28, 2008

Granite Bay Press-Tribune

Investor vs. first time homebuyers

Posted by: byDesign There is a lot of negative hype surrounding the housing market today.

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Related Topix: Home

International Herald Tribune

U.S. home prices plunge and consumer confidence slides

NEW YORK : America's home-buying season, when for-sale signs sprout like dandelions on lawns across the country, is shaping up to be even worse than expected this year, with prices falling, sales slowing and ...

Comment?

Related Topix: Foreclosures, Home, Mortgage, King County, WA, Housing

Tue May 27, 2008

The Seattle Times

Settlement reached for online real estate agents

The Justice Department gave a boost Tuesday to online real estate brokers - and potentially their clients - by forcing new industry policies to give Internet-based agents access to home listings they were ...

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Related Topix: Home, Housing, Real Estate, Home Listing, Emporia, KS

Kitsapsun.com

Richard Reeves | viewpoint The True Shame of the Iraq War

And, you deserved a bit more if you served in the military: money or loans for college and something of a break on mortgage loans.

Comment?

Related Topix: Home, Mortgage, Family, Kids

Mon May 26, 2008

Investment Executive

Performance in Newfoundland has been "nothing short of remarkable"

Alberta's red-hot economy is fuelling demand for residential real estate in Nova Scotia, PEI, New Brunswick, and Newfoundland this year, according to a report released today by RE/MAX Ontario-Atlantic Canada.

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Related Topix: Home, Housing

Sat May 24, 2008

Canada NewsWire

Renovation spending across 10 major centres up by $2 billion in 2007

OTTAWA, May 22 /CNW Telbec/ - An estimated 1.5 million households in 10 major Canadian centres surveyed indicated they completed renovations last year that cost an average of more than $12,800, according to the ...

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Related Topix: Canada, Home, Mortgage, North America, World News,

Fri May 23, 2008

WHIO-AM Dayton

Former Bengals House Auctioned After Failed Payments

The mortgage company that lent former Cincinnati wide receiver Chris Henry money to buy a house in Florence, Kentucky, has bought the home at a public auction.

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Related Topix: Home, Florence, KY

WTOP

Pr. William backs idea of low-interest home loans

Prince William officials are making lemonade from housing industry lemons, using the current foreclosure crisis to bring affordable housing to county employees.

Comment?

Related Topix: Foreclosures, Home

Newsday.com

Real estate books about buying and selling homes

PROTECT YOURSELF FROM REAL ESTATE AND MORTGAGE FRAUD: Preserving the American Dream of Homeownership, by Ralph R. Roberts and Rachel Dollar.

1 comment

Related Topix: Home, Mortgage, Personal Finance, Home Listing

Thu May 22, 2008

BNET

Crunch Turns Back Clock on Mortgage Lending

As U.S. banks mop up the mess from billions of dollars of bad home loans, buyers are finding the days of cheap money are over and, in many cases, tougher versions of old lending rules now apply.

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Related Topix: Home, Mortgage, Personal Finance

Windsock

More of this story

Pat and Paula Jacques put their two-story home in Stonebridge up for sale in July.

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Related Topix: Home, Home Selling, Onslow County, NC, Housing, Home Listing

Wed May 21, 2008

Inside Bay Area

Young families take advantage of plunging home prices

Matthew and Zoila Toth just bought a home in Stockton in order to save money. By recently buying a foreclosure property in the Country Club area of west Stockton, the young couple, with a young son, was able to ...

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Related Topix: Country Club, CA, Home, San Joaquin County, CA, Housing, Stockton Metro, Stockton, CA

Tue May 20, 2008

Ledger Dispatch

Is housing market turning?

If you didn't buy a house in the last five years, the market is starting to look pretty good to buyers, a real estate information service reported Tuesday.

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Related Topix: Home, Contra Costa County, CA, San Francisco County, CA, San Francisco, CA, Mortgage

Mon May 19, 2008

XtraMSN Real Estate

Expectations of lower house prices rise dramatically

Click to enlarge photo Expectations of lower house prices in the next year have increased dramatically, the latest ASB housing confidence survey shows.

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Ledger Dispatch

Concord to host housing resource fair

“We wanted something not just dealing with the credit crisis and focused on foreclosures.”

Interested in learning more about buying a house, improving your credit or how to save energy and money? Then travel to the Salvio Pacheco Plaza 10 a.m. to 3 p.m. today for a housing resource fair aimed at ... via Ledger Dispatch

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Related Topix: Concord, CA, Home, Berkeley, CA, Foreclosures, Contra Costa County, CA

Sun May 18, 2008

Burnaby News Leader

Habitat grant makes it easier to find home

“It really is a sense of pride. It wouldn't have the same emotional attachment if I didn't help build it.”

Select low-income families from across British Columbia will benefit from a $500,000 provincial grant geared to ease the financial strain of buying a home built by Habitat for Humanity in Burnaby. via Burnaby News Leader

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Related Topix: Home, Canada, Mortgage

Sat May 17, 2008

PilotOnline.com

How to Get a Mortgage in Today's Market

“No matter what the housing market is experiencing, consumers should always first look at their own financial situation and work with a lender to determine the most appropriate financing options available to them.”

Whether you're buying your first home or looking for a larger home, now may be the time to act. via PilotOnline.com

Comment?

Related Topix: Credit Card Debt, Personal Finance, Home, Mortgage, Home Listing

Fri May 16, 2008

The Baltimore Sun

New retirees more likely to relocate

“We provide classes on Internet safety at many of our communities”

Are you a baby boomer? Statisticians consider anyone born between 1946 and 1964 to be a full-fledged baby boomer. via The Baltimore Sun

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Related Topix: Social Security, Personal Finance, Home, Mortgage, Social Software

Thu May 15, 2008

Calgary Sun

Canadian housing boom over

“These factors will continue to exert downward pressure on housing starts.”

Canada's housing market boom is over for the foreseeable future, but it won't be followed by the kind of bust that has characterized the U.S. subprime meltdown, say two real-estate reports released Thursday. via Calgary Sun

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Related Topix: Home, Home Selling, Mortgage, North America, Canada, World News

Wed May 14, 2008

The Globe and Mail

Home-buying sentiment steady: survey

“What really matters is job creation, and how people feel about their own personal job situation. If people are comfortable there, they'll find a way to work with the affordability situation in their community”

Two-thirds of Canadians are either negative or neutral about the prospect of buying a home right now, with attitudes varying sharply from province to province, according to a survey released Tuesday. via The Globe and Mail

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Related Topix: Home, Housing, Mortgage

KnowledgePlex

Chase Invests $338 Billion in Low and Moderate-Income Families, Communities and Small Businesses

“We have helped buyers better understand the responsibilities they are taking on and we have helped many homeowners facing financial challenges.”

Supporting low- and moderate-income families, communities and small businesses, Chase announced today that it has invested more than $338 billion in the first four years of its 10-year, $800 billion commitment. via KnowledgePlex

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Related Topix: Home, Small Business, Personal Finance, Foreclosures, Mortgage

WLBZ

Class Aims To Help First Time Homebuyers

“My main goal is to provide a wealth of information. I don't expect everyone to remember every single piece but I provide resources and they can go back and look over workbooks and get those materials.”

A class in Maine could help home buyers avoid some of the common pitfalls associated with buying a house. via WLBZ

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Related Topix: Home

Tue May 13, 2008

The Brampton Guardian

Assistance for Home Buyers with Home in Peel

' Looking to purchase a home? The Region's Home in Peel Affordable Ownership Program offers low- to-moderate income renters the opportunity to qualify for down payment assistance to purchase a resale home in ... via The Brampton Guardian

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Related Topix: Home, Mortgage, Canada,

Mon May 12, 2008

KRNV-TV Reno

Local News and Weather for Reno-Tahoe Region: Real Estate

From Right at Home Daily Many of us would love a snazzy new sports car but a practical, inexpensive compact would suffice. via KRNV-TV Reno

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Related Topix: Reno, NV, Reno Metro, Home, Mortgage

Sun May 11, 2008

Scoop

Research: Home Buyers, Sellers Influenced by Media

Media stories on real estate trends and the affect they have on buyer and seller behaviour has been monitored for the first time and the results show the impact is immediate and significant. via Scoop

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Related Topix: Home, Home Listing, Real Estate

Sat May 10, 2008

Buffalo News

Should you buy a house or stocks?

“Then you see this huge collapse and people say, 'I am never going to go into stocks again. I am going to go into real estate, where it's safe.' ”

Jason Gerbsman and his wife, Lauren, began thinking about buying a home just as the housing market began to slump two years ago. via Buffalo News

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Related Topix: Alexandria, VA, Home Listing, Financial Markets

Fri May 09, 2008

Today's 6

It's Spring. Ready to Buy a Home Yet?

“There are going to be first-time home buyers coming out of the woodwork”

The spring home-buying season is upon us. In small towns and big cities alike, "Open House" and "For Sale" signs are sprouting like crocuses. via Today's 6

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Related Topix: Real Estate, Home, Home Listing, Foreclosures

KWCH

Money

It's Spring. Ready to Buy a Home Yet? Spring has always been busy season for real estate. via KWCH

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Related Topix: Home

Chico Enterprise-Record

Letter: Where's bad news about housing?

One of the major topics dominating social conversations is the housing crisis, especially the status of the real estate market and the price of homes in Chico. via Chico Enterprise-Record

1 comment

Related Topix: Home, Chico, CA, Foreclosures, Opinion

Thu May 08, 2008

Loudoun Times

The New FHA - Temporarily, we think

Okay, I know that you're probably getting sick of hearing "Now is the Right Time to Buy!" So, let me try to provide you with a little more understanding and incentive to "step off of the proverbial fence" if ... via Loudoun Times

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Related Topix: Home, Mortgage, Personal Finance

Wed May 07, 2008

VenturaCountyStar

Mortgage Applications Rise For First Time in Weeks

U.S. mortgage applications rose the first time in three weeks, fueled by a jump in demand for refinancing and home purchase loans as interest rates dropped, an industry group said Wednesday. via VenturaCountyStar

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Related Topix: Home, Mortgage, Personal Finance

Tue May 06, 2008

Myrtle Beach Online

Fannie Mae's outlook further shakes market

“I think that right now we are in the belly of the cycle”

The outlook for the housing market darkened further Tuesday as the nation's largest buyer of home mortgages said it racked up more than $2 billion in quarterly losses and forecast a steeper drop in home prices ... via Myrtle Beach Online

Comment?

Related Topix: Ben Bernanke, Housing, Home, Mortgage, Personal Finance, Foreclosures

The Age

City's house prices among cheapest

“As long as that differential is maintained I think we will find Melbourne more attractive.”

MELBOURNE is the third cheapest capital city in the country to buy a house, fuelling a population surge as people priced out of the market in other states relocate to Victoria. via The Age

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Related Topix: Home, Australia, World News,

Mon May 05, 2008

San Jose Mercury News

House to hold hearing on why jumbo loans still hard to get

“You don't want to guess on the low side”

A key House lawmaker today complained that the mortgage industry has done little over the past month to make higher-value loans available in costly housing markets after Congress took steps to try to infuse ... via San Jose Mercury News

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Related Topix: US News, US Politics, US House of Representatives, Barney Frank, Democrat, Home, Mortgage, Personal Finance, Business News

HendersonvilleNews.com

Mortgage-Free, but Not Free From the Temptation to Borrow

“But even the best reverse mortgages are expensive, the amount of equity that can be paid out is limited, and the risk of interest rate fluctuations reducing what heirs can inherit is sometimes greater than disclosed”

Florabel Kinsler, a clinical social worker in Los Angeles, has paid off her mortgage and says she can comfortably manage in her house. via HendersonvilleNews.com

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Related Topix: Home, Pennsylvania

Sun May 04, 2008

Mississauga

Financial firm among top 50 employers

Three Mississauga companies have cracked the top 50 in the annual survey of the "Best Workplaces in Canada." Edward Jones, the financial services and insurance company headquartered in Mississauga's city ... via Mississauga

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Related Topix: Mortgage, Personal Finance, Home

Sat May 03, 2008

Bank Rate

Mortgage rates rise modestly

“If you are in a subprime loan, see if you can get an FHA loan”

A basis point is one-hundredth of 1 percentage point. The mortgages in this week's survey had an average total of 0.36 discount and origination points. via Bank Rate

Comment?

Related Topix: Housing, Home, Mortgage, Personal Finance

Fri May 02, 2008

CBS News

Waking Up From The American Dream

Even after working with their bank, one Calif. couple will not be able to afford their $1 million mortgage. via CBS News

Comment?

Related Topix: Publishing, Media, Home, Mortgage, Personal Finance, Opinion

Thu May 01, 2008

ScrippsNews

Tough market redefines lowball offer logic

“My job is to get offers on their desk. I present them with the facts, and it's their choice to decide what they want to take”

Homebuyers are looking for a steal; home sellers are looking for an out, and homebuilders and banks are selling homes at cut-rate prices. via ScrippsNews

4 comments

Related Topix: Coral Springs, FL, Home, Sales, Real Estate

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