With reports that foreclosures are up 51% from 2006 and that home ownership took a record plunge in 2007, RISMedia says it’s clear that 2008 will be a year of economic uncertainty, and at worst, a year of continuing downturn. As consumers continue to feel the squeeze, the American Society of Home Inspectors (ASHI) reminds...
Despite repeated highly publicized reports of a home sales slump and pricing slides, there’s a surprising amount of positive consumer sentiment, says RISMedia — and perhaps a good measure of homeowner denial as well: Even in a negative home pricing environment, 77% of homeowners from around the country believe the value of their home has...
Though by no means ubiquitous, household energy monitors have been around for some time. A few new entries into the space, however, add a splash of colour and style to make understanding energy consumption more intuitive according to this little round up from the folks at Springwise. Wattson, first of all, is a sleek, aesthetically...
According to RISMedia, another batch of dismal housing data hit the economy Tuesday, including worsening foreclosure rates, piling more pressure on the government to take action that could help pull real estate out of its tailspin. “We’re still in the middle of all this,” said Bob Walters, chief economist for Quicken Home Loans in Livonia,...
Arson is nothing new in Detroit. It’s a time-honored weapon of the angry, vengeful, distressed and dispossessed in a city that gets hurt harder and sooner than others, making it a perfect place to spot early evidence of stress from the real-estate meltdown. The Detroit Fire Department can’t draw a definitive link between its rising...
You can save money on homeowners insurance if you know how. Discounts from your insurance company are available for a variety of reasons, ranging from the type of building material used to build your home to how close you live to a fire station. Here are 12 tips from Insure.com to help you save money...
Adjustable or floating rate, 15-year or 30? How much mortgage can you afford? These are just a few of the many questions home buyers will find information on in Yahoo! Real Estate’s How-to Guide of Mortgage Basics. So before you start mining for the perfect mortgage, make sure you have an understanding of the options...
According to Iconoculture’s latest consumer observations newsletter, a backlash against Mansion Mania is taking place in America and is seeking to put the squeeze on house size. Here’s what they say is happening and their comments about what this means to business… WHAT’S HAPPENING More than 300 communities in 33 states have tried to limit...
In a recent article in the Salt Lake Tribune, Dana Williams (Real Estate Broker and Mayor of Park City, UT) made an interesting comment on a place where two out of every three dwellings are second homes… “In tough economic times, when there is a downturn in the economy, people tighten their belts and don’t...
Shopping has always been a social activity, but only recently have sites like Stylehive, Crowdstorm and ThisNext begun to make its social aspects explicit with ways to make recommendations, seek advice and discuss products online. Now, according to the folks at Springwise, Design My Room brings segmentation to the game with a site focused specifically...
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