BOSTON — Homeowners and real estate investors nervous about a bursting of the housing bubble will soon have new tools to hedge against a pullback in home prices. (Read More)

Source: Washington Post

Filed under Real Estate News by Kirk McDonough.
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During the real estate boom of the past five years, many area renters anxious to enter the caffeinated market before it was too late stretched and searched and scraped to become homeowners. (Read More)

Source: Washington Post

Filed under Real Estate News by Kirk McDonough.
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A month after Gwendolyn Moore bought her first home, the roof started to leak. Then she learned that her monthly mortgage payments would jump from $500 to $700 and that her interest rate would grow each year. (Read More)

Source: Baltimore Sun

Filed under Real Estate News by Kirk McDonough.
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Many borrowers can expect large payment increases as interest rates reset

Millions of Americans who stretched themselves financially to buy homes face a painful adjustment — some could even lose their houses — as monthly payments on adjustable-rate mortgages are reset higher.  (Read More)

Source: Baltimore Sun

Filed under Real Estate News by Kirk McDonough.
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March 27, 2006

Real Estate Mailbag

Q: DEAR BOB: I have decided to sell my home so I can afford to move to a nice nearby assisted-living residence. My two-bedroom home, built in 1938, has become a bit run-down. However, it is in a good neighborhood where most homes have been remodeled or rebuilt. (Read More)

Source: Washington Post

Filed under Real Estate News by Kirk McDonough.
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