March 31, 2006

Fw: Boom Pushed Ownership Beyond Reach of Many, Study Finds

The recent housing boom moved prices beyond the means of average folks, new research shows.

Families whose full-time jobs pay between minimum wage and 120 percent of their area’s median income are less able to afford their own places today than 25 years ago, the Center for Housing Policy in Washington reported this week. (Read More)

Source: Washington Post

Filed under Real Estate News by Kirk McDonough.
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Insurers must warn of credit problems

Do you want to know when errors or omissions in your credit files raise your monthly mortgage payments by hundreds of dollars? (Read More)

Source: Baltimore Sun

Filed under Real Estate News by Kirk McDonough.
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You, Too, Can Fix Leaky Faucets and Broken Outlets

A few years ago, an old-fashioned handyman told me of a specific task he did for a couple each spring. Both husband and wife were so mechanically challenged that they’d hire him to change their light bulbs. Why: That drip-drip-drip sound drives you crazy. And you’re wasting water. Why:…… (Read More)

Source: Washington Post

Filed under Real Estate News by Kirk McDonough.
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March 30, 2006

Bigger Houses Bring Big and Costly Energy Problems

SAN FRANCISCO — Despite higher natural gas, electricity and heating oil prices, consumers continue undaunted in their quest for bigger homes with features such as five bedrooms and three-car garages. With location on home buyers’ minds, energy-efficient features may be an afterthought as the… (Read More)

Source: Washington Post

Filed under Real Estate News by Kirk McDonough.
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Existing Home Sales Post Unexpected Gains

WASHINGTON — Sales of existing homes unexpectedly rose last month as a warmer than usual winter boosted demand in many parts of the country, but a slack demand in some areas produced what one analyst called a “tale of two cities.” (Read More)

Source: Washington Post

Filed under Real Estate News by Kirk McDonough.
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