News

  • New Home Sales Take a Breather, Prices Rise by

    (Reuters) -- Sales of new single-family homes fell more than expected in February after hefty gains the previous month, but steady gains in home prices suggested the housing market recovery remains intact.

  • U.S. Cracks Down on 'Forced' Insurance by

    (WSJ) A U.S. housing regulator is cracking down on a little-known practice that has hit millions of struggling borrowers with high-price homeowners' insurance policies arranged by banks that benefit from the costly coverage.

  • Investors Pile Into Housing, This Time as Landlords by

    (WSJ) -- Jeff Pintar had buyer's remorse as he purchased 12 foreclosed homes in five Southern California counties on a single day. His regret: that he didn't buy more homes a year earlier.

  • Is Diversification A Smart Strategy For Real Estate Investing? by

    Raise your hand or nod your head or I guess tap the space bar a few times if you get inundated with email on a daily basis with “investing advice” that is confusing and often the complete opposite of an email you received the day before. I was working on a project this past week and had to cull through old emails to complete it and realized that I get sometimes more than 400 emails a day! What made that realization worse...many were “advice” emails from someone who definitely thought they were smarter than me, but usually full of advice I would never follow. That feeling of being overwhelmed is how I feel sometimes when I hear advice on real estate diversification.

  • Fear Motivates First-Time Homebuyers by

    Worried about predictions of rising mortgage rates, additional increases in home prices and new costs for FHA borrowers, first-time homebuyers are kicking off the spring buying market in years, despite skimpy inventories and late winter weather across much of the nation.

  • Has the mortgage tax deduction outlived its usefulness? by

    Has the mortgage tax deduction outlived its usefulness?

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