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Today's Real Estate News and Advice
Updated: May 8, 2003
Kids, Young Adults Want Moving Connections
For a smooth move, use technology to ease the process and stay connected before you move, on the road and when you arrive. Broderick Perkins has the details. FULL STORY->
Pack Rat Habits Harmful To Your Health
An untold number of households continue to horde dangerous products that cause fires, destroy property and injure or kill unsuspecting children. Broderick Perkins explains. FULL STORY->
Homeowner Association Manager Indicators
OA managers are a special breed. But there are character traits and ways of doing business that make some HOA managers much more effective than others. The following key indicators touch on significant aspects that make or break the effective HOA manager. FULL STORY->
HUD Acts to End 'Flipping'
In an attempt to curtail a practice that often sticks unknowing borrowers - and sometimes even Uncle Sam - with houses that are worth far less than what is owed on them, the Department of Housing and Urban Development last week said government-insured financing would no longer be available on properties that have been sold more than once within a 90-day period. Lew Sichelman has the details. FULL STORY->
Oklahoma City Is A Well-kept Secret, Say Local Realtors
Surrounded by a number of small communities, Oklahoma City has shown a stead growth since the early 80s and local Realtors claim a more diversified, less oil-dependent economy is making the city a more attractive place to live. FULL STORY->
Should Wall Street Bail Out The States?
With state deficits totaling as much as $100 billion, is now the time to raise local property taxes? Or instead will the states now look to Wall Street for new money? Peter G. Miller comments. FULL STORY->
Minneapolis Realtors Say Buyer's Market The Time To Buy
Like many other large cities, Minneapolis, Minnesota has swung from a seller's to a buyer's market, but local Realtors believe that it's a great time to buy in a city that they say consistently ranks as one of the best places in the U.S. to live. FULL STORY->
Canadians: Five Percent Will Buy You a Home!
Record numbers of Canadian home buyers financed their way into home ownership in 2002, a trend that continues in many markets. PJ Wade tells you how you can get in on the action with only 5% down. FULL STORY->
The Builder's Salesperson: Your New Home Purchase Consultant
So your search has begun for a brand new home. Although you've done a lot of homework, you don't want to walk into these new home community's sales offices thinking you know it all -- because you probably don't. FULL STORY->
Boomers Want Easy-Maintenance Homes
Today's 50-and-older homebuyers want maintenance-free homes -- or close to it -- so they have more time for family, travel, and entertainment. Michele Dawson reports on a recent report from the National Association of Home Builders and Countrywide Home Loans that highlights this growing trend. FULL STORY->
Property Survey Always Wise, Usually Required
At our settlement recently, a lawyer charged us $215 for a survey. When we questioned this charge, we were told it was a lender's requirement and we could do nothing about it. Just what is a survey? FULL STORY->
New Jersey Commuter Towns Slow Down In Sales
Only a train ride away to Manhattan, some New Jersey, including Berkeley Heights, Summit, Short Hills, Warren Township and Watchung, are showing declines in home sales, says local Realtors. FULL STORY->
FHA Announces Tough New Anti-Flipping Rules
As part of its campaign against predatory lending abuses, the Federal Housing Administration has adopted new rules banning FHA insurance on recently-flipped properties. As of June 2, FHA mortgage insurance no longer will be available on houses resold within 90 days of acquisition, even if substantial renovations have been performed by investors. Ken Harney has the story. FULL STORY->
Does That Fireplace Smoke?
A fireplace can be attractive and add value to a home. On that first winter evening that the new owners decide to light a fire to celebrate “hearth and home” and perhaps a little romance, if the fireplace smokes up the house, it can become a crisis. FULL STORY->
Don't Give A/C Maintenance the Cold Shoulder: Best To Do It Now Before Heat Hits
As warm spring weather begins flirting with some regions of the country, it helps remind us that now's the time to get our air conditioning units in top shape so they function efficiently when the scorching days of summer set in. FULL STORY->
San Bernardino, California Offers A Lot To Buyers, Says Local Realtor
Founded in 1719 and incorporated in 1854; San Bernardino lies 59 miles east of Los Angeles, 110 miles northeast of San Diego and 469 miles southeast of the San Francisco Bay Area. FULL STORY->
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