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Real Estate News


Today's Real Estate News and Advice

Updated: September 24, 2003

Rental Concessions Landlords May Consider
Here's an insider's look at what deals may be available if you are a renter looking to save cash on your next lease. Broderick Perkins reports. FULL STORY->

Massachusetts Towns Report Mixed Markets
Massachusetts towns as diverse as Newburyport, Vineyard Haven, and Somerville are reporting mixed housing markets. FULL STORY->

Sharon Osbourne Teams With Realty Times To Help Homeless Family
The Kamstra family's bravery in the face of job loss, home loss and separation has touched the hearts of the nation. The Sharon Osbourne Show and Realty Times have teamed to provide a home for the homeless family. FULL STORY->

Canadians Discover Hot Springs
As Canadian healthcare systems fail, freshwater hot springs may become even more important to our daily well-being. You might even consider moving near a hot spring if you suffer a chronic condition. PJ Wade introduces us to Harrison Hot Springs as one healthy housing alternative. FULL STORY->

Homeowner Beware
Hurricane Isabel has trampled several states, but should victims file insurance claims? Peter G. Miller suggests there may be good reasons for homeowners to generally avoid claims, even when damage is clearly covered. FULL STORY->

Tips For Adjusting To A New Mortgage Payment
Once you buy a home there are improvements to be made, maintenance projects, furnishings, decorating, property taxes, insurance - the list goes on. But with proper budgeting and patience, you can adjust to your new mortgage payment and take care of all the extras. Michele Dawson explains. FULL STORY->

Once More, With Feeling
I got an email from someone who was upset that his mortgage broker couldn't honor his lock because the lock expired before he could get the loan to closing. While interest rates had zoomed to the mid 6's in late July, his locked rate was in the low 5% range. What options is he now faced with? FULL STORY->

Remodeling? Do You Have a New Dog? New Computer? You May Need Extra Insurance
As a homeowner bracing to pay an average of eight percent more for homeowners insurance next year, you might be looking for ways to reduce your premium. But it's also important to make sure you understand what's covered under your standard policy. Michelle Dawson reports. FULL STORY->

Dogs And Fences: An Architectural Dilemma
We have a dog that will need to be contained when we move into a Homeowners Association. However, we have been advised that the architectural guidelines limit the type of fence to one that will not adequately restrain our German Shephard. Do you think we have a valid case for requesting an exception to the fence height/type restriction? FULL STORY->

Atlanta's Buckhead Neighborhood Offers Buyers Bargains In Full
Like other areas of Atlanta, Georgia, Buckhead, the neighborhood made famous by Tom Wolfe's "A Man In Full," is in a buyer's market, but bucking the trend, say local Realtors. FULL STORY->

National Survey Reports Appraisers Frequently "Pressured" To Raise Valuations
Appraisers say they are routinely pressured by lenders, mortgage brokers and realty agents to "hit the number" needed to close the mortgage or sales transaction. Three out of four appraisers in a statistically-representative national sampling say they have been pressured by mortgage brokers during the past 12 months. FULL STORY->

Vancouver Realtors Report Brisk Entry-Level Housing Market
Vancouver, British Columbia Realtors say that the area is becoming more affordable thanks to historically low interest rates, but sales are brisk at the entry level. FULL STORY->

Capital Gains: Two-Year Rule Revisited
If I have purchased a property (my primary residence) in 2002 and want to sell in 2003, will I have to pay capital gains? I have heard mixed reports on the two-year live in rule. Can you please clarify? M. Anthony Carr has the answers to this and other popular questions relating to Capital Gains. FULL STORY->

Mortgage Rates Plummet Over The Last Two Weeks
In Freddie Mac's Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 6.01 percent, with an average 0.5 point, for the week ending September 19, 2003, down from 6.16 percent last week. Last year at this time, the 30-year FRM averaged 6.05 percent. FULL STORY->

Negotiating Refinanced Mortgages Just Got Tougher
Interest rates are up, refinance mortgages are down, but that doesn't mean you can push mortgage brokers and lenders around. Broderick Perkins reports. FULL STORY->

Let The Sun Shine In
Some people are unfair to psoriasis sufferers. This non-contagious illness needs to be better understood. Stuart Lieberman discusses some of the issues surrounding the illness and potential ways to treat it. FULL STORY->

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