Sep 19th 2011 12:55PM
As the obstacles to owning a home become more pronounced in the wake of the housing bust, how much money should homebuyers set aside for a down payment? Unsurprisingly, cash is still king in today's market, especially as mortgage lenders raise the bar for credit worthiness. That said, down payment options range from zero... Continue Reading »
Aug 10th 2011 2:27PM
Median home prices fell in nearly three out of four metro areas, according to a housing report released Wednesday. The National Association of Realtors found in a quarterly report that the median home price for existing, single-family homes fell in 109 out of 151 markets, compared to the same period last year. Only 41... Continue Reading »
Apr 21st 2011 12:45PM
One of Americans' most cherished tax breaks is the mortgage interest deduction. In a recent poll, more than 60 percent of Americans said they oppose getting rid of the mortgage interest deduction as a way of helping reduce the federal budget deficit. (To be fair, they opposed getting rid of any tax deduction.) But... Continue Reading »
Jul 21st 2010 1:33PM
When Katie Cody bought her first home, she thought she knew everything there was about taking care of one. As a spokesperson for Lowe's, the national home and hardware chain, she was steeped in the ins and outs of home maintenance. But even she wasn't prepared for everything that comes along with a first home--the work or... Continue Reading »
Jul 2nd 2010 1:44PM
Should you buy that first home or remain a renter? It's a classic question made much more complicated by the housing market's recent crash. How do you know if you're ready? Will you be able to afford a mortgage, and all the fees associated with securing a loan and closing? And how can you tell if the local market has... Continue Reading »
