Daily Archives: May 1, 2006
Rich Zannino, CEO Dow Jones
Rich Zannino, CEO of Dow Jones (the first non-journalist to hold the post) was the luncheon speaker at SABEW. Here are some excerpts from his speech:
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Live From Minneapolis
I’m in Minneapolis tonight for the Society of American Business Editors and Writer’s (SABEW) Annual Conference. I thought I’d give you a few highlight…
Selling Inherited Vacation Property
Is it a good idea to wait to sell inherited property? There’s no reason to wait to sell inherited property, especially if the right time in the market is now. Plus, inheriting property at the current market value means no capital gains tax on the inheritance upon selling.
Is The Tide Turning On Interest Rates And Home Sales?
As interest rates move upward, the real estate market seems to be slowing. The good news is that interest rates should stabilize around historically low rates, allowing buyers to keep their hand in the market. The bad news is sellers probably shouldn’t expect the huge payoffs the market has been seeing.
Fixer-Upper As Primary Residence
Is it worth it to buy a fixer-upper townhouse as a primary residence? Will you recapture financially the time and effort you put into repairing a fixer-upper? A fixer-upper may be a good primary residence option for first time home buyers, who may not be able to afford the best home right away. Learn what factors to consider before buying a fixer-upper as a primary residence.
Beware Of Zero Cost Mortgages
A homeowner has a 3-year adjustable rate mortgage and has heard about zero cost mortgages. When it comes to mortgages, deals that seem too good to be true probably are. If you want to refinance your mortgage, there are plenty of lenders who will refinance your loan without charging you points or fees upfront.
