Gauging The Real Estate Market For Selling
The owner of an investment property in Albany, NY, asks what the housing market is like there. He wonders how to gauge the housing market for the investment property he may want to sell. How can he decide what to do with his investment property?
More People Want to Live in the City, Says Coldwell Banker
I love telling my out-of-town friends and family how I'm able to walk to the supermarket. And the dry cleaner. And that I can catch the bus or the train to get to places.
My aversion to driving is one of the big reasons I choose to live in the city. Apparently I'm not alone.
Coldwell Banker recently…
ThinkGlink Radio Show for Jun 7, 2008
Today on Dave Baker's Show, Ilyce made a guest appearance to discuss the current housing market, foreclosures and starter homes. Ilyce and Dave have fun with their impressions of hot-and-heavy breathing. Don't forget to sign up for Ilyce's new newsletter at www.thinkglink.com . Check out the videos…
Michael Jackson Almost Lost Neverland
Apparently Michael Jackson just missed losing his Neverland Ranch to foreclosure. E! News reported in mid-May that real estate investment firm Colony Capital bought the mortgage in an effort to save the Santa Barbara, Calif., property.
It cost Colony $23.5 million. After buying the loan, the firm…
New home sales rose 3.3 percent in April, according to the U.S. Commerce Department.
That's an annual pace of 526,000, increasing from a pace of 509,000 the month before. The March rate was the lowest in 17 years.
Still new home sales declined 42 percent from April 2007, the biggest year over year…
On The Clark Howard Show Today
Have you seen the housing numbers? We're talking the economy today on the Clark Howard show. Live 1p to 4p EST www.wsbradio.com.
May 27, 2008
ThinkGlink Radio Show for May 27, 2008
Today on the Clark Howard Show, Ilyce talked about the rise in foreclosures in military towns, the decline in home prices in the first quarter of 2008, the rise in home sales in April, how people's habits have changed because of higher gas prices and how airlines are increasing fees for changing…
I'm Filling in for Clark Howard today at 1pm EST
Don't forget to tune into WSB radio this afternoon. I'll be filling in for Clark Howard today from 1p to 4p EST, and again on Tuesday, the day after Memorial Day.
On the show today, we'll look at the following issues:
New numbers showing that the number of home resales and home prices has fallen…
The FBI released its annual report (http://www.fbi.gov/publications/financial/fcs_report2007/financial_crime_2007.htm) on the state of financial crimes in the U.S. last night. As you might expect, it's not a pretty picture.
According to the general overview, there has been a spike in the number of…
ThinkGlink Radio Show for May 23, 2008
Today on the Clark Howard Show, Ilyce talked about the new housing numbers, the down day on Wall Street, and how about Todd Davis, founder of LifeLock, had his identity stolen. Click to listen to today's show. Don't forget to sign up for Ilyce's new newsletter at www.thinkglink.com. Look for the…
Real Estate Market Conditions: Favorable To Home Owners
Real estate market conditions used to be favorable to home owners. Home values were high and interest rates low, making real estate market conditions favorable to home owners. Now, home owners may feel glum about the real estate market conditions but they should improve after the presidential…
New Home Construction Declines
More bleak housing data.
The number of building permits issued fell 5.8 percent from February to March, the U.S. Department of Housing and Urban Development and the Census Bureau announced today.
They declined by almost 41 percent from a year earlier.
Builders started constructing fewer new homes as…
Learn To Love Your Home Until Market Outlook Improves
If you're unhappy with your current home consider the housing market outlook. It may be a while before the housing market outlook becomes positive so learn to love your current home.
People Continue To Buy Second Homes
It seems like every month we hear more news of how the real estate market keeps deteriorating. Developers build fewer homes. Home buyers refrain from buying.
The market for investment homes and second homes does not appear to be suffering quite as much. It remained relatively consistent last year as…
When To Sell Property In A Down Market
Is it a good idea to try to sell in a down market? Even in bad markets, there are properties that sell. The right time to sell is when there is sufficient activity in the area, or if you're willing to meet the price of the few buyers who are out there.
OCC Throws Its Hat In The Ring
www.thinkglink.com/uploaded_images/shutterstock_9914677-759105.jpg www.thinkglink.com/uploaded_images/shutterstock_9914677-759071.jpg
This is the 400th posting to Ilyce's blog! Woo hoo! Quite a milestone!
Yet another government agency made its voice heard this week in ongoing housing and mortgage…
Construction, Condo Sales Continue To Drop
Construction spending in January 2008 fell 1.7 percent from December 2007 and dropped 3.3 percent from one year earlier, to $1,121.5 billion, according to the government.
Chicago Condos Online released the following stats: year-to-date, units closed are down 24 percent. In January, they were down 36…
The Latest on Housing in the U.S.
"Let me be clear: I oppose any bailout," said U.S. Treasury Secretary Henry Paulson this morning before the National Association of Business Economists. Did I read that correctly? It sounds like Paulson may be OK with the market solving this problem. It makes those of us who believe Larry Kudlow's…
Foreclosures On Rise And Mortgage Lenders' Solution
In early 2008 foreclosures were increasing which furthered the housing market slowdown, but what are solutions that mortgage lenders are coming up with? Foreclosures are forcing private mortgage lenders to pay out millions of dollars. Mortgage lenders are trying to help homeowners who are currently…
Dark Days Of Housing Are Upon Us
Ever seen one of those big, dark storm clouds over the horizon? It's gray and ominous. That's how the housing news seems lately.
The U.S. Departments of Housing and Urban Development and Commerce released today January's new construction data - a.k.a housing starts. One thing's for sure, the heady…
When you buy a home, it's the visuals that count. To sell your home faster you may want to stage your furniture and belongings to help give your home more personality. Generally, a less cluttered space is more appealing when you're selling a home.
Neighborhood Construction Put On Hold
In a slow housing market or real estate recession, you need to be careful with new construction. If you are already seeing warning signs like the developer has put construction on hold, or only a fraction of the development has been completed, you might want to rethink your purchase. If the builder…
Editing Errors Sometimes Happen
I got an email from a reader in North Carolina, wondering if I intended to say that 2008 would be a strong seller's market.
I couldn't even imagine what kind of story I would write that someone would get that impression. When I took a look at the story online and compared it with what I had written…
ThinkGlink Radio Show for Dec 20, 2007
Clark is on vacation and Ilyce Glink filled in. She talked about how you can check out your investments through Morningstar and gave some suggestions on how to get help if you're selling by owner in a tough market. Check out her new all-video site at www.expertrealestatetips.net.
ThinkGlink Radio Show for Dec 9, 2007
This week on the Ilyce Glink Show, Ilyce discussed the mortgage crisis proposal offered by President Bush this week and what you have to do to see if you can take advantage of this opportunity. She fielded questions about closing costs, investing spare cash vs. paying down a mortgage early, and…
