Some Local Real Estate Markets Showing Improvement
I had some interesting responses to a blog I wrote wondering, "Where Are All The Fantastic Real Estate Deals?"
Jessica said, "No great deals out here in CO either. Prices have remained steady except for a few foreclosures that go directly to investors with cash."
Mike said that the market is tough for…
Today on the Ilyce Glink Show - June 14, 2009
Today on the Ilyce Glink Show, we're discussing the following:
US. Consumers' mood is the strongest in 9 months. Consumer confidence rose to a nine-month high, according to the Reuters/University of Michigan Surveys of Consumers. The preliminary index of confidence for…
Why Won't The Mortgage Lender Refinance This Investment Property?
Are you thinking about buying investment property now that prices have dropped? Unless you're paying with cash, you're probably trying to figure out how to finance a piece of investment property.
Mortgage lenders are willing to lend cash to those real estate investors who have at least 25 percent in…
Today on the Ilyce Glink Show - May 31, 2009
Today on the Ilyce Glink show, Ilyce talked about HUD Secretary Shaun Donovan's announcement this week that first-time buyers would be able to use their $8,000 tax credit to offset some FHA loan program costs and then put the rest toward a larger down payment - after coming up with the initial 3.5…
Home Prices Decline 19 Percent In First Quarter 2009
I remember sitting in an economics reporting seminar in grad school three years ago and many of us lamenting that we would not be able to buy homes, not with having to repay student loan debt too. Ever since the bursting of the housing bubble I'm feeling more hopeful. And today's S&P Case Shiller…
Foreclosures Increase 24 Percent In First Quarter 2009
In the first quarter, the number of foreclosures increased 24 percent from a year earlier, reported RealtyTrac today. One in every 159 homes received a foreclosure notice in the first quarter. RealtyTrac includes bank repossessions, default notices and auction sale notices in the foreclosures it…
Treasury Secretary Geithner's Statement On Bank Stress Test Results
Statement from U.S. Treasury Secretary Timothy Geithner:
This afternoon, the Federal Reserve and the national banking agencies released the results of the stress tests - the most comprehensive, forward looking review of our nation's largest banks ever undertaken. These tests will help ensure that…
Home Price Decline Slows In February Per Case-Shiller
Home prices continued to fall in February, although at a slower pace than in January, according to Standard & Poor's Case-Shiller Index which tracks home prices for single-family homes.
“While the declines in residential real estate continued into February, we witnessed some deceleration in the rate…
Beware of IRS’ 2009 “Dirty Dozen” Tax Scams
As that April 15 tax deadline edges closer and closer, the IRS has released a list of top tax scams to watch out for. Whether you've already sent off your return or you're one of the last minute filers, make sure you don't get trapped by any of these scams:
Beware of IRS’ 2009 “Dirty Dozen” Tax Scams…
On Monday, MoneyWatch.com launched. The site is owned by CBS. Here's a press release that explains what MoneyWatch is. I hope you'll check out my Home Equity blog. Feel free to respond to comments there.
CBS CORPORATION UNVEILS CBS MONEYWATCH.COM
New Personal Finance Web Site Helps People Understand…
