Blog Archive: August 2008

Welcome to Ilyce Glink's blog! Here you'll find Ilyce's latest insights on personal finance advice, real estate advice and consumer issues. Come back often for timely and interesting posts on a wide variety of topics.

NAR Releases Home Sale Data

Added August 20, 2008 by Melanie G. Rogers

More than 75 percent of metropolitan statistical areas had real estate price declines in the second quarter, according to the National Association of Realtors. The remaining 35 of 150 saw price increases in median single-family home sale prices.

Home prices in 13 states rose from the first quarter…

Topics: real estate advice

Mortgage Applicants Choose Less Risky Loans

Added August 19, 2008 by Melanie G. Rogers

Perhaps homeowners are taking the advice of the mortgage industry and refinancing into more affordable loans. A light at the end of the tunnel if you will.

It seems to me that this past spring the industry and government really tried to publicize options for home owners facing foreclosure. The…

Topics: mortgage

How Can You Protect Yourself From Mortgage Fraud?

Added August 19, 2008 by Melanie G. Rogers

The FBI recently released tips on how to protect yourself from mortgage fraud:

  • Get referrals and check licenses for mortgage and real estate professionals. FBI says most of them are honest, but it pays to check.

  • Don't just rely on your real estate agent for home prices in your area. Do your own…

Topics: mortgage loan

What Home Buyers Want

Added August 18, 2008 by Melanie G. Rogers

Home buyers prefer one-story homes of 2000 to 3500 square feet this year, according to a recent survey. Buyers prefer ranch styling, a change from 10 years ago when they preferred country style home.

Americans' lifestyles continue to become less formal and survey respondents echoed this. More than 60…

Topics: home buying