Recent Articles
| 5:30 PM 5/6/2009
According to a USAToday piece, the market in states such as California and Florida have picked up, with about 10% of listings receiving multiple offers, up from one in 30 last fall."When you begin to see people willing to fight for a property, that's a good sign," says Beth Peerce, treasurer of the...
| 1:00 PM 1/12/2009
According to an article in the Wall Street Journal (subscription required), Fannie Mae is testing a program in Phoenix and Orlando, two of the hardest hit markets, whereby Fannie would agree to a minimum price for which it would be willing to sell a home at, rather then wait for it to fall into...
| 5:30 PM 1/9/2009
An analyst for the home building industry says that 2009 is not a good year to buy for those who may be at risk of finding themselves unemployed. Read more about this report at Marketwatch.com."Buyers who lose their jobs or who stay in their homes for less than seven years stand to incur...
| 5:00 PM 10/27/2008
The Grand High Wizard of all things Best Places, Bert Sperling, has weighed in on which of the two cities, highlighted by the Fall Classic, his data says is the better place to live. Sperling gives Philly the edge over Tampa by an 8-7 margin, mostly based on Philly's lower unemployment, cultural...
| 10:00 AM 10/15/2008
When we heard late last week that Coldwell Banker was announcing a 10-day "sale" to start last Friday, you can imagine our skepticism. Here we were looking at the worst week in stock market history, and buyers are supposed to rush out their local open house listings?If you go to ColdwellBanker.com...
| 3:00 PM 9/16/2008
Is Charlotte the worst city in America? Of course not, but the "Queen City" seems to have taken on a near mythical status, particularly on the East Coast, where it is portrayed as a place where home prices always go up, the job market is strong and youl have all the amenities of a major city, with...
| 10:00 AM 9/13/2008
Our friends at Forbes have put out their annual list of the "Best cities for singles." San Francisco was the top city last year, but Atlanta crowded it out because of lower cost of living and job growth. While job growth and living above the poverty level are certainly nice when you are a young...
| 6:00 PM 9/4/2008
With the Fed holding rates for the foreseeable future, you may think this is a great time to refinance your mortgage or buy a new home. But because of the "credit crunch" you are no doubt sick of hearing about, rates are actually higher than they were this time last year.Holden Lewis, who covers...
| 9:00 AM 9/3/2008
Foreclosures aren't necessarily a bad thing. If a bank is willing to sell a house to some one like you for less than what the previous owner paid, the bank got what it wanted and you just got a great deal. It's only in areas of the country where foreclosed homes are piling up like dirty socks, with...
| 5:30 PM 7/30/2008
Rather than driving five miles out of your way to save a penny or two per gallon, you can generally save between 3% to 5% on gas if you keep the right credit card in your pocket. At $4 a gallon, that's the equivalent of 20 cents off per gallon. Even if gas goes back down to $3 per gallon, you are...