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    News and Articles on Home Buying

    Archives: Home Buying

    Home Prices in U.S. Probably Fell in September at Slowest Pace Since 2007  Nov 24, 2009
    Home buying and consumer spending may still be hindered by higher. It looks like some kind of corner has been turned in the housing market, said , president of ClearView Economics LLC in Pepper Pike, Ohio. (Bloomberg -- US)

    New horizons for homeowners in Muscatine County  Nov 20, 2009
    It will also help families make logical and educated decisions [about home buying. The program will provide free educational counseling for homebuyers in Muscatine County, Yerington said. (Muscatine Journal, IO)

    Home builders getting busier  Nov 18, 2009
    Congress did approve continuation of the measure, with additional provisions to induce more home buying next year. The expected pause in home building should be brief, Metrostudy concludes, with greater activity in 2010. (Phoenix Business Journal, AZ)

    Real Estate Outlook: Moving Towards Recovery  Nov 17, 2009
    That's a major negative for home buying prospects. And the flip side of record housing sales numbers can't be ignored either: Prices are still way down from year ago levels in many areas -- and they're down 11 percent during the third quarter compared with 2008. (RealtyTimes)

    Luxury housing sales edge higher as purchasers take advantage of buying opportunities in Ontario-Atlantic Canada, says RE/MAX  Nov 3, 2009
    MISSISSAUGA, ON, Nov. 3 /CNW/ - Luxury homes sales continue to accelerate as economic recovery takes hold in major markets in Ontario and Atlantic Canada, according to a report released today by RE/MAX.. We've seen steady upward momentum since that time, with solid year-over-year gains posted each and every month. (Canada Newswire)

    Georgia Law Chills Latino Home-Buying Market  Nov 1, 2009
    "There's just a tremendous amount of people who want homes, but are not calling." Many real estate agents and mortgage providers who cater to Spanish-speaking immigrants across Georgia say that the flourishing Latino home buying market has faltered since April, when Gov. Sonny Perdue signed the Georgia Security and Immigration Compliance Act. Almost immediately, Latino home buyers pulled out of contracts. (Yahoo News -- Latinos & Hispanics)

    Tax-Credit Deadline Looms For First-Time Home Buyers  Nov 1, 2009
    Maggie DeFelice of Hartford, right, spent Saturday on a whirlwind tour of nine houses for sale in Newington and Wethersfield along with her realtor, Laura Zarotney of Coldwell Banker Real Estate in Berlin. DeFelice is hoping to buy a home and take advantage of the federal $8,000 homebuyer tax credit which expires on Nov. 30. (FOX61, CT)

    Betty Fisher  Oct 27, 2009
    She is an Illinois Residential Mortgage Broker and Illinois Life Insurance Agent, offering clients in-depth knowledge and experience in the home buying process. At Central Bank, Fisher offers her expertise to clients seeking traditional real estate financing options such as fixed rate and adjustable rate mortgages, refinancing and new home construction, in addition to FHA and Rural Development loans. (Princeton Bureau County Republican, IL)

    Home resales in West post 5 percent annual gain  Oct 26, 2009
    The home buying rush has put a dent in the supply of bank-owned homes on the market and that's leading more buyers to pursue short sales, where the sales price is lower than the mortgage balance. Meanwhile, there's been a pickup in traditional home sales. (KGW Northwest NewsChannel 8, OR -- Business)

    Single parents in particular find program is key ingredient in becoming an owner  Oct 26, 2009
    Single parents are usually apprehensive about home buying because they are restricted to using one income only; however our program is designed to assist those like working single mothers and fathers who have limited income, said Merylin Jackson, NCO CDC executive director. Although most of the program recipients have been parents thus far, the program is available to anyone who meets the criteria, Jackson said. (Orangeburg Times and Democrat, SC)

    KB Home Offers Built to Order Custom Experience  Oct 21, 2009
    At KB Home s Trillium community in the Sundance master plan in Southern California, home shoppers can use its exclusive Built to Ordertm process to create a one-of-a-kind home buying experience to personalize their living space and create a home that is uniquely theirs ... KB s Built to Ordertm process reflects the new real estate consumer of today, one who is more selective, more credible and savvier to the home buying process. (RealtyTimes)

    Credit card canceled without warning?  Oct 21, 2009
    It used to be one needed a good credit score for home buying, etc. If all our credit cards are cancelled, then what. (Atlanta Journal-Constitution -- Business)

    Foreclosure forum gives Brevardians answers  Oct 18, 2009
    Ramos was one of more than an estimated 500 people from across the county who turned out for the daylong forum to gather brochures, attend workshops and hear speakers talk about topics ranging from credit repair and bankruptcy to short sales, mortgage refinancing, foreclosure mediation and first-time home buying. Palm Bay Housing and Neighborhood Development Services Director Bill Pehaim said the expo was the first of three across the county. (Florida Today)

    Ajay's slim pickings  Oct 17, 2009
    Private Sydney: THINGS have gone from bad to worse for the celebrity fat fighter and welfare fraudster Ajay Rochester. PS can reveal that on Wednesday she told debt collectors she was too broke to pay for her son Kai's education, the same son she has publicly paraded in order - she says - to raise awareness about his trouble functioning in social situations because he has Asperger's syndrome. (Sydney Morning Herald -- Australia)

    Home at risk over $18m  Oct 17, 2009
    VANDA CARSON AND ANDREW HORNERY. part of the home's interior; and Karin Upton Baker, right. (Sydney Morning Herald -- Australia)

    It's official: for many women, life does begin at 50  Oct 17, 2009
    CLARE KERMOND AND JONATHAN DART. Lenore Kulakauskas, 65, at Bondi beach with her dog, Benji. (Sydney Morning Herald -- Australia)

    Georgia Law Chills Latino Home-Buying Market  Oct 16, 2009
    "There's just a tremendous amount of people who want homes, but are not calling." Many real estate agents and mortgage providers who cater to Spanish-speaking immigrants across Georgia say that the flourishing Latino home buying market has faltered since April, when Gov. Sonny Perdue signed the Georgia Security and Immigration Compliance Act. Almost immediately, Latino home buyers pulled out of contracts. (Yahoo News -- Latinos & Hispanics)

    10 Secrets of Off-Season Home Buying  Oct 16, 2009
    With real estate values still sliding and mortgage rates approaching record lows, a favorable climate for home buying is accompanying this year's fall foliage ... However, foreclosed home buying can present headaches that many consumers aren't qualified to handle on their own ... Anyone looking to get into foreclosed home buying should track down an agent with experience handling such transactions. (Yahoo News -- Top Stories)

    Firm: Calif. Home Sales up 1 Percent From August  Oct 16, 2009
    The number of homes sold in California last month ticked up last month from August, as low mortgage rates and eagerness to cash in on a soon-to-expire tax credit fueled activity in a normally sluggish time for home buying, a tracking firm said Thursday. San Diego-based MDA DataQuick said 40,216 homes were sold statewide in September, up 1 percent from 39,811 in August. (ABC News -- Wire)

    Vital Information for First-Time Buyers  Oct 16, 2009
    But if you take a breath and relax, I'll sort through some important factors for home buying. And even if you're a seller, it's good to review this material because it helps to remind you where first-time buyers' mindsets are when they make an offer on your home. (RealtyTimes)

    Marge Simpson Poses For Playboy Cover  Oct 10, 2009
    Live Cameras, Conditions. Magazine Will Only Show 'Implied Nudity. (Click2Houston, TX)

    Mortgage rates remain below 5 percent  Oct 9, 2009
    Low rates make home buying or refinancing more attractive for consumers. Case in point: Refinance applications climbed 18 percent from last week, the Mortgage Bankers Association said Wednesday. (Boston Globe)

    How Much House Can You Afford?  Oct 9, 2009
    It also offers helpful links to just about every part of the home buying process. There's nothing more to it. (BusinessWeek)

    First Time Home Buyers Guide  Oct 9, 2009
    It is not only possible to simplify home buying, it is also surprisingly easy to reduce the cost as well. This article covers FICO credit scores, household budgeting, house deposits, finding the best deal and the use of mortgage brokers. (Suite101.com)

    California home prices expected to further increase  Oct 9, 2009
    Liptak said the sharp drop in home prices combined with near-record-low interest rates made home buying particularly attractive this year for first-time home buyers. He also noted that the federal tax credit helped more than one million first-time buyers purchase homes, and he urged Congress to extend the credit and expand it to all buyers. (Xinhuanet, China)

    Oniontown notes  Oct 9, 2009
    Nov. 3: Banking and Finance The Home buying Process, Shopping for a Loan, Anatomy of a Mortgage Payment, Submitting Your Mortgage Application, Qualifying for Mortgage, Closing Costs/Settlement Costs. Nov. 10: Credit and legal issues Credit types, reports and bureaus, Ownership Categories, Tax Advantages, Leveraging Ability, Purchase and Sales Agreement, Loan Documents, Government Requirements. (Danvers Herald, MA)

    Best from Sunday  Oct 5, 2009
    The East Athens Economic Development Corp. will host a home buying education workshop from 9:30 a.m. to 3:30 p.m. Oct. 15 at the Miriam Moore Community Room, 410 McKinley Drive. Permits issued in Athens-Clarke County the week of September 21 to 25 as reported in the Hunt Letter. (Athens Banner-Herald)

    Business Briefs: EADC workshop will cover home buying  Oct 4, 2009
    Business: Briefs: EADC workshop will cover home buying 100409business6news@onlineathens. com The East Athens Economic Development Corp. will host a home buying education workshop from 9:30 a.m. to 3:30 p.m. Oct. 15 at the Miriam Moore Community Room, 410 McKinley Drive ... Business: Briefs: EADC workshop will cover home buying. (Athens Banner-Herald)

    Rolling the dice on wasteful home subsidies  Oct 3, 2009
    In areas like Greater Boston, where the housing supply is relatively fixed, subsidizing home buying does increase prices, but that just transfers money from poorer home buyers to richer homeowners. Public policy shouldn t try to make cars or clothes more expensive, and it shouldn t try to reduce housing affordability either. (Boston Globe)

    Easy Events Bring Neighbors Together  Oct 3, 2009
    Live Cameras, Conditions. Simple Parties, Causes Can Make Everyone Feel Better. (Click2Houston, TX)

    Toyota Prius Stays On Top In Mileage  Oct 2, 2009
    Live Cameras, Conditions. Wedge Shape Key To Hybrid's Mileage Rating. (Click2Houston, TX)

    Green shoots wither as job losses continue  Oct 2, 2009
    "The hole that has been blown in the labor market is absolutely enormous, said Heidi Shierholz, an economist with the Economic Policy Institute. That hole continues to widen. On Thursday, the Labor Department said initial claims for unemployment insurance rose to a seasonally adjusted 551,000 up from 534,000 in the previous week and more than Wall Street economists expected. The data followed a report Wednesday from payroll manager ADP showing that U.S. companies cut 254,000 jobs in... (MSNBC -- Business)

    Actor Dennis Hopper Hospitalized  Oct 1, 2009
    Live Cameras, Conditions. 73-Year-Old Suffering From Flu-Like Symptoms. (Click2Houston, TX)

    Polanski Asks Court To Free Him From Custody  Sep 30, 2009
    Live Cameras, Conditions. BRADLEY S. KLAPPER, Associated Press Writers. (Click2Houston, TX)

    Will, Jada Pinkett Smith Host Nobel Concert  Sep 30, 2009
    Live Cameras, Conditions. Wyclef Jean, Toby Keith, Donna Summer To Perform. (Click2Houston, TX)

    University Cracks Down On Dorm Sex  Sep 30, 2009
    Live Cameras, Conditions. School Policy Says No Activity While Roommates Present. (Click2Houston, TX)

    Some Studies Show Medical Benefits For Pot  Sep 30, 2009
    Live Cameras, Conditions. Marijuana May Be Able To Reduce Pain, Slow Disease. (Click2Houston, TX)

    Dayton-area home building permits rise  Sep 24, 2009
    Through August and going into the fall and winter seasons, the HBA of Dayton builders are remaining cautiously optimistic as the major driver of the uptick in activity has been the First Time Home Buyers tax credit and with the incentive ending on November 30, 2009, builders are concerned about how the program s ending will impact the current positive home buying market momentum, Hibner said in a news release. Ryan Homes DCY Division, a part of Reston, Va. (Dayton Business Journal, OH)

    Surgeons Remove 21-Pound Tumor From Dog  Sep 24, 2009
    Live Cameras, Conditions. Tumor Had Grown To One-Sixth Dog's Weight. (Click2Houston, TX)

    Home credit extension could sway buying decisions: survey  Sep 24, 2009
    If the credit were extended, of those who intend to buy a home, 18 percent called the credit the "primary influence" in their decision, 25 percent said it would be a "significant influence," and 27 percent said the credit would have "some" influence on any home buying decision. Thirty-one percent said it would have no influence on their decision. (Yahoo News -- Press Releases)

    Sales of U.S. Existing Homes Probably Rose to Two-Year High as Prices Fell  Sep 24, 2009
    While the first-time homebuyer tax credit likely boosted sales, there has been a fundamental shift in home buying due to greater and confidence. . (Bloomberg -- US)

    Free workshop for first-time homebuyers  Sep 22, 2009
    Cecieta aims to educate first-time buyers about the ins and outs of home buying process and the benefits of owning a home. Sonny Romano of Mortgage Network of Danvers will discuss how to get financing for your new home and how to fund your own down payment. (Beverly Citizen, MA)

    FULL STORY->  Sep 22, 2009
    Interest in U.S. real estate by international buyers declined due to the worldwide recession and severe credit crunch, according to the 2009 National Association of Realtors Profile of International Home Buying Activity. The share of Realtor clientele who are foreign buyers is smaller than in previous years, but among those purchasing nearly half paid all cash bypassing the mortgage process. (RealtyTimes)

    Ceaseless Deaths Of Famous Mark Summer '09  Sep 22, 2009
    Live Cameras, Conditions. Several Notable Celebrities Die Since May. (Click2Houston, TX)

    Singapore move to burst bubble Greenspan missed  Sep 22, 2009
    The reason: Singapore sees the signs of rampant speculation in home buying that central bankers such as Greenspan long argued could not be spotted or headed off. Funny how tiny Singapore can do it and the Fed can't. (Sydney Morning Herald -- Business)

    Time running out  Sep 21, 2009
    The recent pickup in home buying has generated more traffic throughout the closing process, so youll need to find a buyer fairly soon if you want to beat the Nov. 30 deadline. More on this story. (MSNBC -- Business)

    Swagger Still Missing In Investment Game  Sep 21, 2009
    Meltdown Forced Many Out Of Financial Fairyland. DAVE CARPENTER, AP Personal Finance Writer. (Click2Houston, TX)

    A foot in the door  Sep 20, 2009
    For the first time in a long time, there are people who didn t think they could have a second home buying on Cape Cod, said Weider. In Worcester, Framingham, Hyannis, and Brockton the median prices for condominiums are now less than $100,000. (Boston Globe)

    In Hundreds Of Cities, Parking Spaces Become Parks  Sep 19, 2009
    4-Year-Old Movement Called Park(ing) Day. DAISY NGUYEN, Associated Press Writer. (Click2Houston, TX)

    Lowest since May, mortgage rates again flirt with 5%  Sep 18, 2009
    HOME BUYING: ECONOMY. The rate was the lowest since 4. (USA Today -- Money)

    Nebraska GOP senator seeks probe of ACORN  Sep 16, 2009
    Hidden-camera videos released by conservative activists posing as a prostitute and a pimp have shown ACORN employees giving advice on home buying and how to account on tax forms for the woman's income. Brian Kettenring, an ACORN spokesman, said Republicans were "playing politics" and trying to "stop ACORN's good work fighting to stop the foreclosure crisis and to win quality, affordable health care for all Americans.". (AZCentral -- News)

    Greenspan Bubble Theory Draws 4.8 Million Shrugs  Sep 16, 2009
    The reason: The Asian country sees the very signs of rampant speculation in home buying that central bankers such as Greenspan long argued couldnt be spotted or headed off. Funny how tiny Singapore can do it and the mighty Fed cant. (Bloomberg -- Columnists)

    Credit Crunch Constrains International Buyers  Sep 16, 2009
    The 2009 NAR Profile of International Home Buying Activityis based on responses from 3,785 REALTORS and describes international home buying activity in the U.S. over the 12-month period from the end of May 2008 to May 2009. The full report is available at. (Realtor Magazine Online)

    Universal Reveals Details Of New Harry Potter Park  Sep 16, 2009
    Live Cameras, Conditions. Universal Orlando Plans Wizarding World. (Click2Houston, TX)

    VMA Chaos, As Usual: Kanye Upset, Jackson Honored  Sep 15, 2009
    Rapper Booed For Stealing Mic. JAKE COYLE, AP Entertainment Writer. (Click2Houston, TX)

    MTV Video Music Awards Return To NYC  Sep 14, 2009
    VMA Chaos, As Usual: Kanye Upset, Jackson Honored - Entertainment News Story - KPRC Houston. VMA Chaos, As Usual: Kanye Upset, Jackson Honored. (Click2Houston, TX)

    Singapore to Introduce Measures to Prevent Price Swings in Property Market  Sep 14, 2009
    Sept. 14 (Bloomberg) -- Singapore is introducing new measures to prevent excessive price swings in the property market following signs that speculative home buying may be on the rise, National Development Minister said. The government will push for more sites to be sold and will bar interest-only mortgages for uncompleted housing projects, Mah said in parliament today. (Bloomberg -- Asia)

    Bulletin Board  Sep 7, 2009
    Guide to Single Family Home Buying. Sponsored by Colm Glass of SF Rebate Realty and John Joyce of Guarantee Mortgage. (San Francisco Chronicle)

    A Year After Meltdown: Tough Questions, Choices  Sep 7, 2009
    Live Cameras, Conditions. No Clear Route On Moving Forward. (Click2Houston, TX)

    Get sellers to pay closing costs (1)  Sep 6, 2009
    Harnessing the power of the Web to prepare yourself for home buying is critical -- studies show that e-buyers (that is, buyers who rely on the Internet as an integral resource of home-buying education and information) spend only one-third as much time house-hunting as non-e-buyers. However, when it comes time to hone in on the standard practices and get clarity on what you can expect in the city or even the neighborhood in which you plan to be house hunting, look to your Realtor for that... (Lodi News Sentinel, CA)

    4 stimulus breaks due to run out at year end  Sep 6, 2009
    "The whole point is to stimulate home buying. You don't do that if the credit is thought to be permanent - no one has an incentive to buy now rather than wait.". He adds that the credit might be having "a perverse incentive. People are trying to buy homes before it expires, which is causing home prices to go up, which is causing some buyers to pay more than the $8,000 credit is worth.". (San Francisco Chronicle -- Business)

    American Casino  Sep 5, 2009
    But a 2004 clip of George Bush peddling a program to encourage home buying in minority communitiesremember the "". now has a sinister new ring. (Slate)

    Will Schools Show Obama's Speech?  Sep 5, 2009
    Will Schools Show Obama's Speech. - Education News Story - KPRC Houston. (Click2Houston, TX)

    Georgia Law Chills Latino Home-Buying Market  Sep 4, 2009
    "There's just a tremendous amount of people who want homes, but are not calling." Many real estate agents and mortgage providers who cater to Spanish-speaking immigrants across Georgia say that the flourishing Latino home buying market has faltered since April, when Gov. Sonny Perdue signed the Georgia Security and Immigration Compliance Act. FOR THE RECORD. (Yahoo News -- Latinos & Hispanics)

    Oahu home sales decline in August  Sep 4, 2009
    Some observers believe some of the demand for homes stems from an $8,000 tax credit offered by the federal government to help stimulate first-time home buying. The program began in January and lasts until Dec. 1. (Honolulu Advertiser)

    Former Dallas Cowboy and others arrested  Sep 4, 2009
    The team is accused of recruiting individuals to act as straw purchasers and straw borrowers and of promising to pay them a bonus or commission for participating in a home buying transaction. The indictment says the participants created loan applications for false borrowers using false financial information and inaccurate income figures to get lenders to approve the loans. (Dallas Business Journal, TX)

    Southwest Adds Charge To Board Sooner  Sep 3, 2009
    Live Cameras, Conditions. Airline Doesn't Give Passengers Assigned Seats. (Click2Houston, TX)

    Parents May Boycott Obama's Speech  Sep 3, 2009
    Live Cameras, Conditions. Speech To Be Held On Sept. 8. (Click2Houston, TX)

    Rogers: Moving is done; now where did I pack the batteries?  Sep 3, 2009
    Roughly two months of home buying/ home selling stress has taken its toll. Right now all I want to do is crawl into bed and wait until my head stops spinning and my stomach stops mimicking a trampoline. (Boxford Tri Town Transcript, MA)

    Mat-Su community datebook (9/2/09)  Sep 2, 2009
    A free eight-hour home buying seminar offered by the Alaska Housing Finance Corporation. Call or go online to register. (Anchorage Daily News)

    Ron Stone Academy Teaches Texas  Sep 2, 2009
    Live Cameras, Conditions. Former Anchorman Loved Texas History. (Click2Houston, TX)

    Study: 1 In 10 Binge Drinkers Get On Road  Sep 1, 2009
    Live Cameras, Conditions. Drivers Had 5 Or More Drinks. (Click2Houston, TX)

    For Florida, 'end of an era' of population growth  Sep 1, 2009
    That has triggered a surge in home buying. "We're experiencing a tremendous amount of transactions, up 35% year over year for the first six months, and it's being driven by first-time homebuyers," says Rei Mesa, president of Prudential Florida Real Estate. (USA Today -- News)

    State's boom went bust  Sep 1, 2009
    That has triggered a surge in home buying. Despite the precipitous price drop, many economists expect Florida housing values to remain higher than those in the rest of the Southeast. (Florida Today)

    Non-Drinkers Report More Depression  Sep 1, 2009
    Live Cameras, Conditions. Moderate Alcohol Use May Fight Some Depression. (Click2Houston, TX)

    Report: US Makes $4B From Bailout Banks  Sep 1, 2009
    Live Cameras, Conditions. 14 Small Banks Return $35 Million In Stimulus Funds. (Click2Houston, TX)

    Former Miss California Sues Over Firing  Sep 1, 2009
    Live Cameras, Conditions. Prejean Claims She Was Told To Stop Mentioning God. (Click2Houston, TX)

    Saavedra Reflects On 5 Years  Sep 1, 2009
    Live Cameras, Conditions. Monday Is Saavedra's Final Day As HISD Superintendent. (Click2Houston, TX)

    Disney To Buy Marvel Entertainment For $4B  Sep 1, 2009
    Disney Catches Comics Giant Marvel In A $4B Web - Entertainment News Story - KPRC Houston. Live Cameras, Conditions. (Click2Houston, TX)

    Newsstand Sales Of Magazines Drop 12 Percent  Sep 1, 2009
    Newsstand Sales Of US Magazines Drop 12 Percent - Money News Story - KPRC Houston. Live Cameras, Conditions. (Click2Houston, TX)

    Side Effects May Be Drugs Stealing Vitamins  Sep 1, 2009
    Drugs May Take Vitamins From Body - Health News Story - KPRC Houston. Live Cameras, Conditions. (Click2Houston, TX)

    Ikea Gets Flak Over Font Change  Aug 31, 2009
    Ikea Defends Its New Catalog Typeface - Money News Story - KPRC Houston. Ikea Defends Its New Catalog Typeface. (Click2Houston, TX)

    Return Of Swine Flu: What's Ahead For US?  Aug 31, 2009
    Return Of Swine Flu: What's Ahead For Americans. - Health News Story - KPRC Houston. (Click2Houston, TX)

    About Wildfires  Aug 31, 2009
    Links We Like Sponsored Content. Eating healthfully and staying fit is half the story. (Click2Houston, TX)

    Tightrope Walker Takes On German Mountain  Aug 31, 2009
    Swiss Man Walks 1,141 Feet Up, 3,264 Feet Across Gap. POSTED: Sunday, August 30, 2009UPDATED: 1:40 am CDT August 31, 2009. (Click2Houston, TX)

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