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Last year was a record year for bankruptcies. Delinquent payments on mortgages, according to the Mortgage Bankers Association of America, reveal a coming wave of foreclosures on the horizon.
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As you embark on your venture to buy a home, one of the first decisions to make is whether to buy new or purchase an existing home. Each choice has its advantages, and there is no single answer which works for everyone.
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The age of the penny-pinching retiree is ending. There are still some skinflints moving to Florida, Arizona and other warmer climbs to live out their remaining years. But more and more retirees are spending big money on their houses.
"Everyone wants bigger, and they want...
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What style of home do most Americans prefer and how big should it be? The National Association of Home Builders asked that question and got some answers. In a recently published survey, "What 21st Century Home Buyers Want," the NAHB asked thousands of recent or potential...
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When you ask a new-home buyer about options, the sky's the limit. But when it's time to write the check, the list of must-have options will likely be much shorter.
Still, new-home buyers are spending more money on options than ever, builders say. The economic downturn has...
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Home inspections are necessary and usually reassuring, but paying a professional to check out the house you want to buy doesn't absolve you of the need to familiarize yourself with how things work.
Knowledge is power, and arming yourself with as much information as...
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