Housing Market Predictions: Home Values Continue to Sink By Ilyce Glink By any measure, it’s been a tough week for the real estate market: According to the latest S&P Case/Shiller Index, home values have fallen back to where they were in 2002, although in some…
Buying an REO or Foreclosure: What You Can Expect and What Can Kill the Deal By Ilyce Glink These days, many homebuyers are turning to foreclosures and taking advantage of the drop in home prices. A foreclosure—or a “real estate owned” (REO) property—is a property…
Congress Doubles Funding for Troubled USDA Housing Loans Steve Cook, Real Estate Economy Watch While slashing funds for disability, elderly, and Native American housing programs, Congress has doubled the funding for a USDA housing program that may cost the government $4 billion in defaulting loans….
Home Repairs: Do It Yourself or Hire Help? Spring is here, and so is the time to make all those home repairs you have been putting off all winter. But do you do the repairs yourself or hire a contractor? There are pros and cons…
Can I Save My Home From Foreclosure? By Ilyce Glink I’ve been traveling across the country this month, speaking to hundreds of employees about financial wellness. The speech is called “Everyday Money,” because I believe it’s the basic choices you make every day with your…
What’s Going On with Foreclosures? By Ilyce Glink A recently published RE/MAX survey of fifty-four major markets found that national home prices are down an average of 5.9 percent, compared with February 2010. This steep decline suggests a couple of things about the greater housing…