Archive for 'Real Estate' Category
A New Round Of Foreclosures On Subprime Mortgages
21 December 2006This isn’t going to be good for a lot of people - the foreclosure rates on “subprime” loans (those for people with less than perfect credit histories) have an increasing number of foreclosures in recent months. Part of the problem is that people got into loans they really shouldn’t have - in recent years, that’s [...]
Becoming A Success By Screwing Up Your Life
19 November 2006That’s about what this guy is trying to do - after messing up big time with a venture into the real estate business by trying to flip about 8 houses at a time (and buying them without seeing them), he’s turned to blogging about it, getting an effort at rehabilitation from a high profile money [...]
Another Great Real Estate Blog
26 October 2006Buying a house has been on my mind lately, because I’m planning to do it in 9 months or so and am busily saving up the down payment. After running across some great blogs about real estate and finance just through following links in other blogs, I decided to search for blogs specific to areas [...]
How Not To Sell Your House
25 October 2006This story from CNN on a couple who mangled their home sale pretty badly is a good cautionary tale for anyone who thinks they might be moving anytime in the near future. They made a series of mistakes that have turned them into one of those “motivated sellers” every buyer is looking for:
1) They overpriced [...]
$600,000 For A House - Next To A Prison
13 October 2006Yep, that’s what California real estate has come to. Go check out Chree’s World for the details. Seems like another argument in favor of moving to a state with lower cost of living to me.
Discuss this in the Free the Drones Forums.
Why Adjustable Rate Mortgages (ARMs) Are A Bad Idea
3 October 2006There’s a Business Week article I just came across about a pretty widespread problem rising interest rates are causing: adjustable rate mortgages are starting to adjust, making housing payments unaffordable for many people who used them to finance more house than they could really afford. I think this article is great because it simplifies what [...]
Average Closing Costs For A Mortgage
28 September 2006There’s a nice chart here that I ran across with the average closing costs on a home loan for a variety of different expenses. Keep in mind that they’re all assuming a standard $180,000 loan - but the people who did the survey went out and got good faith estimates from lots of different companies [...]
Compare Average Home Prices By State
27 September 2006Coldwell Banker has come up with an index to compare the price of homes around the country in various locations. They basically ask what it would cost to buy a 4 bedroom, 2200 square foot house in a nice, middle class neighborhood. There’s a pretty wide range in prices. If you want to live in [...]
Blogoff - 100 Posts In a Day
26 September 2006Greg at BloodhoundBlog and Ardell at SearchingSeattle are having a “blogoff,” competing to try to get to 100 posts in 24 hours. I have to say I’m impressed, especially because these aren’t Instapundit-style “Bush and the Democrats blend some puppies. Heh. Read the whole thing.” posts either. Some of the ones I liked:
From Greg:
Whether you can get more [...]
Home Sellers Throw In Free Stuff To Get You To Buy House
5 September 2006There’s a new marketing trend happening in response to the slowdown in real estate in some areas - sellers of houses are starting to give away various goodies to induce people to buy. Some of these are practical and make sense - upgraded appliances or custom landscaping in new homes. Others sound more like game [...]