Mortgage Bills May Soon Be Simpler to Grasp The Consumer Financial Protection Bureau has proposed, and is seeking comment on, a standardized mortgage statement that sets out to make monthly mortgage bills easier to understand.
Lawmakers Seek to Fund Teardowns With Gov’t Bonds Vacant foreclosed homes are still wreaking havoc in some neighborhoods across the country. A bipartisan coalition of lawmakers hopes a new bill may soon take the eyesores out of neighborhoods.
Defaults of the Rich: Walking Away From the McMansions Wealthy home owners with huge loans worth more than the value of their mansions are walking away from luxury homes in some of California's toniest neighborhoods.
Unbiased Real Estate Intelligence For Affluent Investors
Cold, Hard Numbers: 1.56 The percentage of all housing units in the country that received a foreclosure filing last month. This comes to one unit out of every 634 housing units in the country. Analysts predict that lenders will actually increase foreclosure activity in the coming months in an effort to clear out the foreclosure pipeline. Should this trend [...]
HAMP Success Tally Slowly Growing It’s taken some time to get off the ground, but the Home Affordable Modification Program (HAMP) may finally be gaining some traction. According to a new report released yesterday by the U.S. Treasury Department, 910,000 homeowners have now received a permanent HAMP modification and 83 percent of eligible homeowners that signed on with HAMP since [...]
D.C. Housing Inventory Lowest Since 2005 Not since 2005 has the Washington D.C. housing inventory been so sparse. According to a report by Real Estate Business Intelligence, 22 percent fewer homes were for sale in December 2011 than during the same month in 2010[1]. Of that available inventory, only one in 20 of those homes is a foreclosure, also a steep [...]
Investors Wonder If Profits Can Continue Rising in Face of Slow Economic Growth Though you might not know it from the tone of the media these days, business is booming in the corporate sector. In fact, later this week fourth quarter profits are due to be released and analysts predict that they will have risen 7.2 percent over this time last year. In fact, corporate profits as a [...]
Cold, Hard Numbers: 20 The percentage down payment on a loan proposed by federal regulators from the FDIC, the U.S. Treasury, HUD, the Federal Reserve, the SEC and the FHA. Lenders have protested that requiring this much of a down payment would “suffocate” the housing industry because borrowers will simply be unable to come up with that large a [...]
Training & Education: Housing Planning and Retirement One of the most complicated aspects of retirement is planning how and where to live. In the past, many people simply focused on building as much equity in their home as possible so that the home could be sold to finance a move in retirement. However, in today’s real estate market, this traditional plan is [...]
Why Xeriscaping Makes Sense Everywhere
Xeriscaping involves more than cacti and rocks, and you don’t have to live in the desert to opt for landscaping homes this way.
Real Estate | Coastal Carolinas see drop in real estate prices Real estate prices along the coastal Carolinas dropped in January compared to the previous year even though prices went up statewide, according to data released this week.Click to Continue »
Lakeside residents concerned about proposed addition to community Developers want to add a restaurant to the Lakeside Crossing community center off U.S.501, sparking concerns from residents who said the addition and a public liquor license could push them…Click to Continue »
S.C. tourism improves in 2011, growth also expected this year Tourism in South Carolina continued to bounce back from the recession with growth in 2011, and officials anticipate more progress this year with plans that include adding technology to the…Click to Continue »
Haley: Tourism, commerce should do more to feed off each other Tourism promoters and business recruiters should start feeding off each other to lure more visitors and commerce to South Carolina, Gov. Nikki Haley said Tuesday during the Governor’s Conference on…Click to Continue »
”Life is Good” co-founder shares optimism at tourism conference The co-founder of the ?Life is Good? brand brought a dose of optimism to the Governor?s Conference on Tourism & Travel on Tuesday, telling the 400 attendees to have fun…Click to Continue »
Gambling, rural tourism, gas prices among topics at conference Three S.C. Senators on a panel Monday during the Governor’s Conference on Tourism & Travel said the chances of allowing gambling operations - which supporters say could generate jobs and…Click to Continue »
