Michele Lerner has been gathering expertise about real estate for the past two decades, writing for regional, national and international publications for consumers and industry professionals. Email her with your real estate-related questions or concerns at Mlerner@gmail.com

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Desperate sellers turn to raffle tickets

College towns compete over home prices

Existing home sales slow down

New mortgage rules should lower consumer costs

Foreclosures take a holiday

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Revisiting Home Price Reports

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August 21, 8:55 AM

by Michele Lerner, Residential Real Estate Examiner

A couple of days ago I discussed the difference between looking at year-to-year versus month-to-month reports on home prices. The numbers look a lot different when you review them, for example, from June 2007 to June 2008, versus May 2008 to June 2008.

Just to clarify, the new IAS360 Home Price Index report looks at the numbers both ways, year-to-year and month-to-month, so observers can take into consideration the seasonal affects on their local market.

Visit www.iasreo.com for updates.

For more info: Email Michele Lerner at mlerner@gmail.com

Topics: Housing Data

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Desperate sellers turn to raffle tickets

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December 1, 5:51 PM

Auctions for new homes and foreclosures are becoming a common sight these days, but a couple in Maryland recently turned to a new tactic for selling their home: a raffle. As reported in The Washington Post, the Walters, who need to unload their home... Read More
Topics: Consumer Advice , Fun and games , Latest News

College towns compete over home prices

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November 26, 7:13 AM

The Fourth Annual College Home Price Comparison Index (HPCI) has been released by Coldwell Banker just as college football rivalries are heating up. The index ranks the most expensive and most affordable college towns across the country, grouping them... Read More
Topics: Housing Data , Fun and games

Existing home sales slow down

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November 25, 7:05 AM

Existing home sales slipped across the country in October, according to statistics compiled by the National Association of Realtors (NAR).Existing-home sales—including single-family, townhomes, condominiums and co-ops—fell 3.1 percent to... Read More
Topics: Housing Data , Latest News

New mortgage rules should lower consumer costs

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November 24, 8:58 AM

The US Department of Housing and Urban Development (HUD) issued new mortgage reforms that are designed to help consumers shop for lower cost mortgages and avoid harmful loan offers. For the first time HUD is requiring a simplified version... Read More
Topics: Consumer Advice , Latest News

Foreclosures take a holiday

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November 21, 8:52 AM

Fannie Mae and Freddie Mac agreed yesterday to temporarily suspend all foreclosures and evictions from November 26 to January 9. The holiday break will allow borrowers in trouble to enter into a new loan modification program.According to The Washington... Read More
Topics: Consumer Advice , Latest News

New home construction slows further

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November 20, 9:00 AM

New home construction and requests for permits to start new residential developments have now dropped to the lowest rate since 1959, when these number were first tracked by the government.In other words, for almost 50 years, the home construction business... Read More
Topics: Housing Data , Latest News

Selling your home during the holidays

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November 19, 6:14 AM

The real estate market notoriously slows down from Thanksgiving past New Year's, as families turn their attention to holiday entertaining, shopping and travel rather than house hunting.But home sellers can't always take a holiday from keeping their house... Read More
Topics: Consumer Advice

Generating green building ideas

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November 18, 7:33 AM

While money matters may be at the top of the list of concerns for most consumers, most also share an interest in protecting our environment and preserving our resources. Builders around the country are pursuing ways to make homes more energy efficient... Read More
Topics: Consumer Advice , Latest News

VA loan limits for 2008

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November 17, 6:58 AM

Time is running out on the current loan guaranty amounts for veterans who live in high-cost areas of the country. The Veterans Affairs Department will likely revisit these limits and make changes in 2009.These limits apply to all loans... Read More
Topics: Consumer Advice