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Tuesday, December 27, 2011 10:12 AM

Record $88 Million Sale for NYC Condo

Russian billionaire Dmitriy Rybolovlev is reportedly paying the full asking price of $88 million for a New York City condo for his 22-year-old daughter, considered the highest individual transaction ever recorded in New York City, according to Forbes.
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Friday, December 16, 2011 12:52 PM

5 Things To Do NOW If You Want to Buy A Home In 2012

If you’re one of the millions who has an eye on 2012 as the year in which you’ll buy a home (first or not), here are five things you can do now to put yourself on the right path: 1. Check your credit. Take my word for it: there is no bad surprise
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Sunday, November 20, 2011 1:58 PM

Congress Restores FHA Loan Limits to NAR-Backed Levels

The U.S. House and Senate yesterday restored FHA loan limits to the level they were at before they were allowed to expire at the end of September. As a result, the limits will rise to 125 percent of the area median home price from 115 percent, up to a
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Friday, November 11, 2011 2:32 PM

Buy a HUD Home for Only $100 Down?

In several states, the U.S. Department of Housing and Urban Development is offering home buyers foreclosed homes with only a $100 down payment, in trying to unload some of its inventory. The incentive runs until October 2012. To qualify, purchasers must
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Sunday, September 25, 2011 1:25 PM

Housing market is good (or great!) for buyers right

In most parts of the country, the housing market is good (or great!) for buyers right now - interest rates are bizarrely low, lots of inventory means lots to choose from, and the cost of renting has increased in a lot of markets. But just because the
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Monday, September 05, 2011 4:38 PM

Most Efficient’ Labels Debut for Appliances

--> The Energy Star program has been criticized for allowing too many home appliances to carry the energy efficiency label. So now the Environmental Protection Agency and the Department of Energy, which jointly run Energy Star, are announcing a new label—"most
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Monday, September 05, 2011 4:27 PM

Gov’t Criticizes Banks for Failing More Home Owners

Bank of America and JPMorgan Chase, two of the country’s largest lenders, are not doing enough to help home owners avoid foreclosure, the Treasury Department said Thursday. Many home owners who have been eligible for loan modifications have been
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Monday, September 05, 2011 4:22 PM

Foreclosure Delays Reach New Records

--> Delinquent home owners are living in their homes longer, rent-free. Home owners with a loan in foreclosure haven’t made a payment, on average, for 20 months or 599 days--a new record, according to new data by Lender Processing Services Inc.
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Saturday, July 30, 2011 4:41 PM

New Grant for Military First-Time Home Buyers

A new program is offering financial assistance to first-time home buyers who are veterans or active-duty military members. The Pentagon Federal Credit Union Foundation, a nonprofit national organization, is offering the assistance through its Dream Makers
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Saturday, July 30, 2011 4:38 PM

New-Home Market Shows Signs of Stabilizing

--> New-home sales dropped in June, but a sharp increase in prices and declining inventories may be signs the sluggish new-home market is finally showing signs of rebounding, the Commerce Department reported Tuesday. Sales of new homes dropped 1 percent
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Saturday, July 23, 2011 1:03 PM

5 Surprising Credit Report Errors You Must Fix

In a recent study, 19 percent of American consumers who reported finding an error in their credit reports opted not to dispute the error, even when they were offered $5 to file the dispute! Why not? Well, some said they thought the error was too minor
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Monday, June 13, 2011 10:23 AM

..5 Strategies for Navigating the Summer Clearance Sale - on Real Estate!

Home prices are low, interest rates are low - real estate is basically having a summer clearance sale! But unlike buying a clearance-priced car or computer, making the wrong move in this real estate 'sale' can have disastrous effects, from losing
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Sunday, May 22, 2011 4:50 PM

Avoid Home Flaws Being Uncovered Too Late

Home inspections don’t always turn up everything wrong with a home, but unknowing buyers can quickly turn unsatisfied when they move into their new home if they find a bunch of problems. "The purpose of a home inspection is to look for material
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Wednesday, May 11, 2011 9:50 AM

Existing-Home Sales Rise in Most States

Existing-home sales continued to recover in the first quarter with gains in 49 states and the District of Columbia, while 22 percent of metropolitan areas saw prices rise from a year ago, according to the latest survey by the NATIONAL ASSOCIATION OF REALTORS®.
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Sunday, May 08, 2011 12:20 PM

What Celebrities Desire in Homes

Celebrities often have slightly different priorities when shopping for a home than the average home buyer. Here are a few top items often found on their priority list when home-shopping, according to the Zillow Blog. 1. Privacy. Most often a top priority,
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