Homes And Condos

Home sales at second glance
If you’re in the market to buy a house, but you’re not in a hurry, this might be a good time to wait and here’s why.

All about moral hazard
People behave recklessly when they think they’re insured or protected. If you make airbags and anti-lock brakes standard in all cars, people will drive faster and tailgate more closely.

Bummer on the ARMs front
A new research report has found that you have a one-in-three chance of losing your house to foreclosure if you got an adjustable-rate mortgage (ARM) that had an initial teaser rate of less than 4 percent.

And when you consolidate those student loans under a new loan, those loans show up on your credit report as paid off, and your credit score benefits.

Senator gets all up in Alan’s grill
People are still bustin’ Alan Greenspan for touting adjustable-rate mortgages in particular and “constructive innovation” in home loan financing in general three years ago.

In some instances, a realtor will list a bank-owned property on their website.

Home sales drop like a rock
New home sales plummeted in February. If these numbers are accurate, the national real estate market is in more serious trouble than I thought.

While it’s true you’re entitled to ask whatever price you desire, buyers have the final word and get to decide if they will pay it.

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