Mortgages too much for many "For a while we were in a situation where home prices were rising, and counties were seeing more revenue, so they cut tax rates" For housing economists, the best
First-time buyers 'getting older' Just over one in five people bought their first home by the time they were 25 in 2003, compared with more than a third in 1985.via
Renting seen as cheaper option Homeowners are being tempted to cash in the windfall equity in their homes in favour of renting as mortgage payments and rents fall out of kilter.read more...
Now is the best time to break the chains of debt In a society where consumers want the latest high-tech gear and think nothing of charging $100 for dinner at a restaurant, it can be tough to tighten the household budget.read
Open-House Blog: Market Loses Steam but Prices Still Go Up This week's survey of real-estate news from the Web includes dispatches on selling trends from across the U.S., a report on why more buyers are purchasing pricier homes in Durham,
Senate unlikely to up mortgage bond cap: Schumer (Reuters via Yahoo! News) The Senate will likely drop a measure to issue additional tax-exempt mortgage bonds from its fiscal stimulus package, but the bonds will appear in a future bill, the chairman
Pittsburgh-area residents looking to recoup the cost or even profit from a home remodeling project may be disappointed, a new survey shows.
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