Vulture investors flipping their way to big profits Even in these down times, there’s money to be made buying and flipping houses. Summer dreams: 8 great vacation homes One bright side of the housing bust: Prices for vacation homes are down! So with summer coming, it’s time to start dreaming. 8 deals from around the [...]
What is the Mortgage Interest Deduction and Who Benefits from It?
What is the Mortgage Interest Deduction and Who Benefits from It? The mortgage interest deduction helps make homeownership more affordable by allowing home owners to deduct the interest that they pay on the mortgage for their home when calculating their annual federal income tax. Contrary to assertions by some economists, the income tax deductions [...]
Latest News in Mortgages and Home Loans- March 31, 2011
Best golf courses for CEOs Mark Twain may have said “golf is a good walk spoiled,” but many corporate CEOs disagree. Here’s where they like to bat around a 1.6-ounce ball. Want a vacation home? Prices are falling Been dreaming of a vacation home? Somewhere warm to get away? Or maybe a cabin in the [...]
Latest News in Mortgages and Home Loans- March 28, 2010
13% of all U.S. homes are vacant High residential vacancies are killing many housing markets, as foreclosed homes sit on the market and depress sale prices and property values. Trump builds ‘world’s greatest golf course’? The Donald likes to keep busy. Real estate: It’s time to buy again Forget stocks. Don’t bet on gold. After [...]
Latest News in Mortgages and Home Loans- March 24, 2011
Sales of doomsday bunkers up 1,000% A devastating earthquake strikes Japan. A massive tsunami kills thousands. Fears of a nuclear meltdown run rampant. Bloodshed and violence escalate in Libya. Why homebuilders may never fully recover The housing market, to put it mildly, still stinks. But have homebuilder stocks finally hit bottom? New home sales tumble [...]
Latest News in Mortgages and Home Loans- March 17, 2011
Renters beware: Double-digit rent hikes may be coming soon. We paid cash for our million-dollar home Laura Dominguez-Vasquez and her husband, Luis, recently sold their Coral Gables, Fla., home to all-cash buyers for just under $1 million. They’re now shopping for a new home and intend to pay cash as well. Obama has a mortgage [...]
Latest News in Mortgages and Home Loans- March 07, 2011
Who’s buying homes? The rich The rich are different from you and me: They’re buying real estate. Home prices: The double-dip is near That big sucking sound you heard last week? That was the air being taken out of the housing market by a slew of bad reports followed by some dire predictions by an [...]
Latest News in Refinancing Home Mortgages – March 03, 2011
On Location: In Brooklyn, Making It Up as They Go A couple decorated their Boerum Hill row house with salvage, art and stuff created from other stuff. Home Tech: Untangling Wireless Audio Systems Testing out wireless audio systems that promise better sound with much less electronic interference. Shopping With Greg Dufner and Daniel Heighes Wismer: [...]
Latest News in Mortgages and Home Loans- Feb 28, 2011
A bright spot in housing’s bad market: Rentals Housing bear David Rosenberg says that apartment REITs should continue their streak for the foreseeable future. Republicans attack Obama homeowner relief In the latest blow to Obama signature programs, Republicans are now aiming to kill several White House plans aimed at keeping underwater borrowers in their homes. [...]
Latest News in Refinancing Home Mortgages – Feb 26, 2011
Habitats | Brooklyn Heights: The Almost Landless Gardener Catherine Fitzsimons, a landscape designer, lives in a cozy duplex where the narrow, front yard is often full of plants bound for the homes of clients. House Proud: The $200 Microhouse For ingenuity, thrift and charm, Derek Diedricksen’s tiny, playful structures are hard to beat. Now in [...]
