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03 Sep 2013

7 Tips On Getting A New Mortgage After Bankruptcy

Mortgage Tips

You have found your dream home and you are eager to get a mortgage, move into the property and start enjoying life there. However, there is only one problem standing in your way – the fact that you have been through some hard financial times in the past. If you (or your partner) have been bankrupt previously, will this affect your chances of being able to buy the home you want? The good news is that it is still possible to obtain a mortgage even if you have been bankrupt before. Here are some tips that will help you to…

30 Aug 2013

By Mark Feder

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7 Simple Steps To Finish Your Basement This Holiday Weekend

Around The Home

Not only does the Labor Day weekend signal a little time off work, but it also indicates a close to the summer season, which means it's time to get ready for colder weather. So get in the spirit of the long weekend and put the labor of love into your home by creating a cozy hideaway that your family can retreat to once the outdoors become too chilly. One of the best places to create this snug space is to mimic hibernating animals and go under ground — to the basement. Whether your lowest level needs a facelift or is…

29 Aug 2013

By Mark Feder

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Pending Home Sales Indicates That The Housing Recovery Is Progressing

Housing Analysis

The National Association of REALTORS reported Wednesday that pending sales of existing homes fell by 1.30 percent in July. According to the organization's Pending Home Sales Index, this was the second straight month that pending home sales dropped. July's Pending Home Sales Index reading was 109.50. Signed Purchase Contracts For Existing Homes Tracked In The U.S. ·Northeast: - 6.60 percent ·Midwest: - 1.00 percent ·West: - 4.90 percent ·South: + 2.60 percent Pending home sales were 6.70 percent higher year-over-year on a national basis. This indicates that the housing recovery is progressing, but at…

28 Aug 2013

By Mark Feder

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Case Shiller Price Index Shows Home Prices Are Still Increasing

Housing Analysis

Home prices are still rising, but at a slower pace according to the S&P Case-Shiller Home Price Indices for June. Home prices for the cities surveyed in the HPI rose by 12.10 percent on an annual basis as compared to May's reading of 12.20 percent. This is the highest rate of monthly growth for home prices since the peak of the housing bubble in 2006. June's home prices remained approximately 23 percent lower than peak prices, but economists consider the bubble peak an anomaly and caution against comparing current home prices to the peak prices seen in 2006. Overall Housing…