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real estate

Renters Test Drive Communities Before Buying

Renters Test Drive Communities Before Buying


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The pool of people choosing to rent rather than buy a home is growing, driven by changes in some key demographic groups such as retirees and millennials. But there’s another kind of renter, seen both at home and in expatriate communities abroad: people, many pf them new retirees, who plan to buy a...

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Chase Bank To Face Criminal and Civil Probes

Chase Bank To Face Criminal and Civil Probes


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It’s been nearly five years since the housing market suffered its catastrophic collapse, and new mortgage fraud charges are still being filed against the big banks responsible for most of the disastrous subprime mortgages and the widespread foreclosure abuses that followed. Bank of America has long...

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In Housing, Paying Cash Can Cost Money

In Housing, Paying Cash Can Cost Money


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Want to buy a house? Got a dollar to spend? That’s the sales pitch for the infamous “dollar house” in Detroit – a home that’s actually listed for sale for just one measly buck. But even tat that rock bottom price, nobody’s biting. As of the beginning of August 2013, this house has been listed...

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A New Wave of Renters is Good News for Landlords

A New Wave of Renters is Good News for Landlords


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They’re calling it the ‘renter tsunami” - a wave of Americans choosing tot rent rather than buy homes that’s fueled by two key demographic groups: millennials and the newly retired. Although these two groups may not appear to have much in common, their desire to rent is driven by some common...

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Short Sales: Bad Name for a Good Buy

Short Sales: Bad Name for a Good Buy


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Short sale. It even sounds ugly, doesn’t it? Since the housing collapse of a few years ago, the short sale has been the lesser of two evils for homeowners struggling with mortgage debt – and a signal to the world that the loan can’t be salvaged. But a new report by MarketWatch notes that the stigma...

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Pocket Listings Keep House Sales Under the Table

Pocket Listings Keep House Sales Under the Table


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The ups and downs of a volatile housing market create fertile ground for opportunists trying to make a buck – or several – from all sides of a real estate transaction. Though not actually illegal, practices like the “pocket listing” end up putting more money into the pockets of real estate brokers...

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Social Media Opens Doors to Fraud

Social Media Opens Doors to Fraud


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The rise of social media has changed the way the world does business. Although the Internet has always offered 24/7 availability of services, shopping and information, social networks offer more: personal connection, sharing, a sense of community – and trust. It’s no wonder that social media has...

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The Bitcoin Baby and the Dark Side of  Digital Currency

The Bitcoin Baby and the Dark Side of Digital Currency


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The rise of the Bitcoin has the financial world alternately cheering and groaning. Though at first the creation of a wholly digital currency seemed little more than an online novelty, the Bitcoin has spread its wings in ways both bad and good. The birth of the first Bitcoin baby and the appearance of...

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Online Sales Boost the Housing Recovery

Online Sales Boost the Housing Recovery


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Last year, over two-thirds of homebuyers in a recent survey said they used social media in the purchasing process. More than that, the Internet has become a thriving home for real estate purchases of all kinds. Although online real estate transactions can be risky, online tools and sites are changing...

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The Fed Winds Down the Bond Buyup: So What?

The Fed Winds Down the Bond Buyup: So What?


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After months of maybe yes, maybe no, the Federal Reserve has made it official: its large-scale buyup of mortgage backed securities and other commodities is coming to an end. And while that won’t happen until 2014, the news has sent shock waves through markets around the world. Although the program...

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