Steps to limit price declines may have helped, but economic growth is now critical. Home prices in twenty major metropolitan markets dropped 1.3% from September to October, the third straight month-over-month drop, according to the December S&P/Case-Shiller home-price index released in late December. The decline erases a significant share of the modest gain in home […]
Home Prices Are Down, So Why Not Insurance?
If you’re a homeowner, chances are your house is worth less than it was five years ago. But you could still be paying more to insure it. Despite the deep housing bust of the last few years, the cost of rebuilding a damaged home — in other words, what you pay insurance for — has […]
Predictions: Last Year’s Wall St vs Main St
At the beginning of every year, Wall St experts predict how it will end, but is Wall St any smarter than Main St? Did you have a prediction last year as to how 2010 would fare? How’d you do? Any predictions for 2011? We’d love to hear from you. Click the ‘comment’ link below to […]
Home Sales Post Another Gain
Sales of previously owned homes edged up in November, the third increase in four months after a dismal summer for home-buying. According to the National Association of Realtors (NAR), buyers bought homes at a seasonally adjusted annual rate of 4.68 million. Even with the rise, this year is shaping up to be the worst for […]
College for $1000 a Year?
Sound impossible? Stacy Johnson explains how you can slash college costs… Questions or comments? We’d love to hear from you. Your email address will never be published on this site, even though it is required in order to comment.
Prediction: Mortgage Delinquencies Will Decline in 2011
The annual consumer credit forecast from U.S. credit bureau TransUnion predicts a 20 percent drop in national mortgage loan delinquencies by the end of 2011. TransUnion predicts that the number of delinquent accounts — 60 or more days past due — will drop to 4.98 percent from an expected 6.21 percent at the conclusion of […]
First-Time Buyers Returning to the Market
With interest rates slowly rising, a new report says that many first-time homebuyers aren’t taking any chances, and are looking to buy a home as soon as possible. According to the Housing Pulse survey from Inside Mortgage Finance and Campbell Surveys, the percentage of first-time buyers grew from 34.4 percent in October to 37.2 percent […]
5 Jobs for Animal Lovers
If you love animals, here are five jobs you might consider, especially if you’re out of work and worried about unemployment benefits running out. Have any questions or comments you’d like to share? We’d love to hear from you. Just use the “comment” link below to sound off.
Credit Card Spending Limit – There is No Such Thing
Your credit card spending limit does not exist and it never did. In spite of the fact that your credit score is largely dependent on your spending limit (relative to your debt), there really is no such thing as a spending limit. Your credit card will rarely be declined in you go over the spending […]
Real Estate News – January 2011
Our January 2011 Columbia SC Real Estate Newsletter is now online… Read It Here Now!
