Jan 12th 2011 4:48PM
Fred Stevens, a policeman in Ohio, saw his house value drop from a peak of $103,000 when he refinanced in 2006 to a current low of less than $40,000. "I could have walked away, but wanted to do the right thing." November 2010 housing prices declined more in the current market than during the Great Depression, according to... Continue Reading »
Aug 18th 2010 3:57PM
It's not hard to get advice when you're in the market for a new home, but often real estate trends and quick tips get passed off as a gospel in this "historic" housing market. And there are a few -- let's call them inconvenient truths of home buying -- that you often won't hear because they don't apply to everybody. But... Continue Reading »
Aug 9th 2010 4:17PM
San Francisco resident Mike S. thought he had a handle on the costs associated with home buying. Down payment -- check. Mortgage -- check. HOA dues -- huh? "The dreaded homeowner association dues," as he calls them, would add hundreds of dollars to his monthly nut, an outlay he hadn't figured when he calculated his home... Continue Reading »
Aug 9th 2010 3:49PM
Virginia Realtor Lon Crow has firm ideas on how homebuyers should choose a Realtor. And they don't involve calling the agent named at the bottom of a listing. "You have to find someone who will act on your behalf. A listing agent's not going to do that. A listing agent is going to try to get the price that, in theory,... Continue Reading »
Aug 9th 2010 3:08PM
To put it bluntly, Carrie and Ryan Fitzgerald of Washington, D.C. were "clueless" about home buying when they decided to purchase a condominium. "We weren't sure where to start. A friend in Boston suggested getting a buyer's agent instead of a real estate agent, so we thought we'd give it a try," says Carrie. She... Continue Reading »
