Home prices rose 0.1% on a seasonally adjusted basis in March, according to new numbers from the S&P/Case-Shiller index. But four cities showed worse results in March than they had in February, with Atlanta notably down 0.4% over the previous month and Detroit down 2.1%. Still, there are reasons to be optimistic.
Homeowners are proceeding cautiously with renovations. Whereas in the past they might have insisted on getting exactly what they wanted, price be damned, today’s home remodelers actually care about value and practicality. Imagine that.
April housing numbers released by the National Association of Realtors were, wait for it … good. Spring is traditionally a busy season for home sales, but the real estate market has been in such a slump for the past couple of years that “ordinary” good news comes as something of a surprise.
A useful new government website has just gone live, offering easy teaching points for parents who want to help their kids grow up knowing a thing or two about compound interest and 19 other key financial concepts.
You can still take advantage of low prices in most places around the country, and mortgage rates are at once-in-a-lifetime record lows: 30- and 15-year fixed mortgages are around 4% and 3%, respectively.
Is there a “woman tax”? By some account, women pay over $1,300 more annually than men for everything from deodorant to sneakers to health care. They’re not the only group that pays a premium, though. Men are charged thousands more than women in auto insurance over their lifetimes, and there are indications that African-Americans and [...]
Foreclosures are up in 26 of the 50 largest metro areas in the country, according to a quarterly report released by foreclosure site RealtyTrac.com. This is good news for bargain hunters and intrepid home buyers who want to get a cheap house. If you’re planning to buy a foreclosed home, though, there are some things you need to know before taking the plunge.
The American Dream of home ownership has taken some hits in the recession. But it remains alive and well, though with some twists that will help shape the nature of the budding housing recovery.
The real estate recovery is just around the corner. Well, that’s if you believe the new housing numbers out this week.
Bank of America announced it has begun mailing letters to the first wave of up to 200,000 homeowners who are eligible for mortgage principal reductions, part of a settlement the bank worked out with the federal government and 49 state attorneys general. In a statement, the bank says homeowners who qualify will see an average [...]
We spend most of our working years accumulating savings for retirement and after that spending them carefully so they last. We need to spend a little more time managing the transition. Here’s how.
