Housing Market Decline Impacts First-time Buyers
America’s shifting housing market is having a ripple effect on buyers of different income levels and causing some mortgage companies to close. We asked Mark Zandi, Chief Economist, Moody’s Economy.com about the effect that this downturn is having on individual groups of people, starting with first-time buyers.
MARK ZANDI, Chief Economist, [...]
Unlucky in love? Stop beating yourself up – and think about moving. Maybe to San Francisco.
It ranked first for culture and received high marks for number of singles, nightlife, online dating and cool. The “city that never sleeps,” New York, came in a strong second place, thanks to its performance as the [...]
If you’ve been reading the recent news of the swooning markets, it’s likely your head is swimming with new terminology: Subprime mess. Credit crunch. Discount rate.
For help, I turned to real estate expert Barbara Corcoran.
IF YOU’RE BUYING:
Shop for a mortgage, then the house. Don’t settle for being pre-qualified - get pre-approval for a certain amount [...]
There are many ways sellers can help, but staging a home so it “shows well” may be most important. Use this handy checklist to make your home stand out.
Outside
Remove debris, keep lawns mowed
Clean pools and spas
Make minor repairs to fences and auto sprinklers
Touch-up house trim if needed • Secure or remove pets while house [...]
One of the biggest mistakes new residents make when seeking a new home is the failure to thoroughly investigate the neighborhood. The new home you’re interested in may be beautiful, but is it worth moving there if you won’t be able to rest easy? Many will conclude that it’s virtually impossible to know what your [...]
Recent study revealed that more and more people are using the internet when considering buying or selling a home. Here are the exact figures: 9 out of 10 home buyers use the internet to assist them in searching for a home.
The reason is simple: Internet real estate resources have photos, neighborhood descriptions and photos on [...]
Fake Furniture provides a unique sales tool to fill the empty spaces of vacant homes.
Housing and Urban Development (HUD) reports that staged homes sell an average of 17% higher than the listing price, which is why the home staging business is booming. But what if you don’t have a lot of cash to have [...]
It’s
Lake Chargoggagoggmanchauggauggagoggchaubunagungamaugg.
The name, which has 17 g’s, is pronounced, naturally, as it’s spelled. There are two variant spellings. According to author Bill McLain, this Nipmuck Indian word means, “You fish on your side, I fish on my side, nobody fishes in the middle.”
It’s also known as Lake Webster.
Source: DO FISH DRINK WATER? By Bill McLain
This bathroom outlet is not a GFCI. Thanks providence, this homeowner had the presence of mind to leave all of the tags on, advising of potential shock hazard.
This week’s Trend Spot (http://www.move.com/l/1) gives you the inside look at celebrity homes like “That 70’s Show” star Wilmer Valderrama’s multi-million dollar Los [...]