The New Residential Sales Report from the Economics and Statistics Administration reveals some good news for the housing market and maybe even current homeowners hoping to regain home value. New single-family property sales are up nearly 20 percent versus May 2011. The Federal Government's Economics and Statistics Administration, a division of the U.S. Census Bureau, [...]
American family net worth and income has declined significantly as the housing market and sluggish economy devastated assets and savings. Spend a decade or two working hard, paying your bills on time, and salting money away in your 401(k) at work. You’ve been hearing for years that this is the one formula that will allow [...]
Find a good leasing agent if you're looking to lease a single family home or townhouse. Start by asking real estate agent companies. Q: I love your show and your advice is always so helpful! My current lease is up at the end of September, and I really want to lease a single family home [...]
Refinancing a condominium where there is no homeowners association may prove difficult unless the condo is treated as a townhouse. Q: I currently own a cloud condo in San Diego, CA. It consists of four units, all of which are four stories, detached by about 3 inches, no common walls, no common roof, no common [...]
If you can't sell a vacant land, try working with a real estate agent, doing a short sale, or reducing property taxes to sell or lower cost. Q: I purchased about four acres of raw land in Georgia in 2000. The land is in a gated development that I thought I’d retire to. I still [...]
Greg McBride, Jack Otter, Liz Weston and Fred Glick join me to talk about your money and the economy. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show June 24, 2012 on WSB Radio. My weekly show always contains various forms of personal finance advice but [...]
Ilyce Glink interviews four writers and experts in personal finance, real estate, mortgage and the economy on her June 24 show on WSB Radio. Greg McBride, Vice President, Senior Financial Analyst at Bankrate.com Greg McBride at Bankrate.com McBride provides both in-depth commentary and analysis as well as practical advice to consumers. Through Bankrate.com's Money Makeover series, he [...]
You can refinance a rented house, but if you are almost done paying your mortgage, consider the refinance fees and pay off your mortgage. Q: My wife and I were listening to your Sunday show and tried for two hours to get through, unsuccessfully. Here’s our situation. We purchased a foreclosed home last summer making [...]
Changing the name on a title to a home is bad idea if you're stuck in a bad marriage. Think about divorce and financial independence. Q: Years ago, I bought my mother's house and then made the mistake of getting married for a second time. His name is second on the title to the property. [...]
What do real estate agents earn in commission? Negotiating a few thousand dollars on a home price won't bolster their commission much. Q: We are trying to buy a bank-owned house. The listing price was $115,000 and we offered $90,000 last week. The listing agent wrote back, "The bank said $96,000. All other terms the [...]
