Weekly Roundup: Top Stories This Week

This week was another tough one for the economy. Unemployment claims rose while the government shutdown continued. On the other hand, mortgage rates are back down near three-month lows, so it’s still a good time to buy a home.

Topics I covered this week:

Be wary when choosing a real estate agent – like most things they’re not all created equal. Especially this agent, who was giving bad advice on home inspections to prospective homeowners.

If you are in the market for a new home, you can buy a piece of cinematic history with these 8 famous homes for sale.

Decided to buy a foreclosure or short sale instead? Hiring a real estate attorney can be helpful when navigating through the closing process.

What about a condo in the city? Parking can be hard to come by in major cities, so be sure to check if it’s included when you buy a condo.

Lastly, if you’re unemployed and struggling to pay your mortgage, you might want to consider whether it’s worth keeping your home or if it’s time to explore other options.

 


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About Ilyce Glink

Author of 13 books, including the bestselling 100 Questions Every First-Time Home Buyer Should Ask. Writer of the nationally syndicated column, “Real Estate Matters.” Top-rated radio host in Atlanta. Writer for CBS MoneyWatch.com. Managing editor of the Equifax Personal Finance Blog.
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