Posts with tag obama

As the issue of gun control dominates the political stage, gun safety at home should be on the minds of homeowners who keep firearms in their houses. There's reason to be vigilant: Stolen guns is a big problem. Statistics show an alarming rate of weapons being stolen during home burglaries -- and more often than not, they... Continue Reading »

By Estately.com With the presidential candidates squaring off to discuss a variety of issues, including housing, we here at Estately thought we'd compare the housing of the two men who long to make the White House home for the next four years. Comparing President Obama's Chicago home with the five homes that Gov.... Continue Reading »

It may seem hard to believe, but this year's presidential candidates have mostly avoided discussing an industry that's largely responsible for the last five years of economic pain. That may be because, for President Barack Obama and GOP White House hopeful Mitt Romney, the subject of housing remains an extremely... Continue Reading »

We're having a sort of love affair with presidents' former homes (such as the dingy apartment Barack Obama used to live in). And this place has our heart beating fast once again: an apartment in the landmark Boston building where the late John F. Kennedy plotted his first political campaign. Formerly known as the Hotel... Continue Reading »

Long before President Barack Obama lived at 1600 Pennsylvania Ave, he lived in a beat-up two-bedroom apartment on the third floor of an Upper West Side walk-up. Like many struggling, cash-strapped college students (he was a junior at Columbia University in 1981), Obama grappled with scarce heat and hot water in the... Continue Reading »

WASHINGTON -- President Barack Obama is aiming mortgage relief at members of the military as well as homeowners with government-insured loans, the administration's latest efforts to address a persistent housing crisis. In his first full news conference of the year Tuesday, Obama was to announce plans to let borrowers... Continue Reading »

The government shutdown that will occur if Republicans in Congress and President Obama can't come to terms on budget legislation by midnight tonight could hit the ailing spring home-buying market like a ton of paving stones. The Federal Housing Agency (FHA), a popular source of low-down-payment mortgages of as little as... Continue Reading »

Federally funded foreclosure relief will likely be less available to distressed homeowners as the Obama administration reduces the number of homeowners entitled to such aid, according to a story published today by Shahien Nasiripour of The Huffington Post. Facing pressure from major mortgage lenders and seven Republican... Continue Reading »

President Barack Obama challenged the nation during his 2011 State of the Union Address to cut energy costs so that by the year 2035 we will have 80 percent of America's electricity coming from clean energy sources. Although that's 24 years from now, there are things homeowners can do now to help cut energy usage as we... Continue Reading »

The first-time homebuyer tax credit encouraged many buyers to take the leap in 2010. Though the deadline to close on a qualifying home purchase was Sept. 30, 2010, those buyers who did qualify now have to figure out how to collect. Kelly Phillips Erb of our sister site, WalletPop.com, did the hard work, so you don't have... Continue Reading »

Rahm Emanuel can officially stay on the ballot for Chicago's mayoral race, according to an unanimous vote by that city's election commissioners, reported the Chicago Tribune. Some residents had earlier objected, saying Emanuel had given up his Chicago residency when he moved his family and many belongings to Washington,... Continue Reading »

President Barack Obama, who will be on vacation on the Hawaii island of Oahu through Jan. 2, is staying with his family at the 5-bedroom, 5.5-bath rental home he has vacationed in for the past three Christmas holidays. If you can cough up $3,500 per night, you, too, can rent the private oceanside retreat. "The home is... Continue Reading »

A struggling mother of two is selling a handwritten letter that she received from President Obama to pay for her cancer treatment and put a down payment on a house. Obama's January letter was a response to a three-page handwritten letter that Jennifer Cline wrote to him last year, saying: "I lost my job, my health... Continue Reading »

Shadow inventory is casting, well, a shadow over the housing market. With around 7 million homes lurking in the wings on the verge of foreclosure, the inventory of homes waiting to be sold could take more than 40 months to clear. Sales delayed by the recent foreclosure crisis likely will only add to those numbers. For... Continue Reading »

What do you do when you move into a new rental? Redecorate, of course. The White House last week unveiled President Obama's redesigned Oval Office. The makeover, completed under the eye of California designer Michael Smith while the First Family was vacationing in Martha's Vineyard, showcases a sea of brown, camel, and... Continue Reading »