The Home Front


May 2008


Extreme Makeover Homes for Sale!

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Turns out that some of the cash-strapped families that were given their dream homes on ABC's hit show Extreme Makeover: Home Edition have put the properties on the market.

"Some are for sale because the owners can't afford the upkeep and taxes (kind of hard going from an 800-square-foot home to ...

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Housing Starts

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The Washington Post: "Most leaders of the Federal Reserve viewed their decision to cut interest rates last month as a 'close call,' according to minutes of the meeting released yesterday, a document that made it clear that the Fed is probably done with rate cuts for the foreseeable future."

The Wall ...

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TAGS:
housing market
media

Housing Starts

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The Wall Street Journal: "A Senate agreement pushed Congress significantly closer toward a bill that would expand the federal government's role in propping up the housing market."

Reuters, via Yahoo: "President George W. Bush said on Monday the U.S. economy was working through "tough times," and

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TAGS:
housing

ZipRealty to Certify 'Preowned' Homes

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Taking its cues from similar programs at automakers BMW and Mercedes-Benz, discount brokerage firm ZipRealty will unveil a new initiative Sunday that allows certain homes to earn "certified preowned" status, the Home Front has learned.

Homes that pass a 24-point, third-party inspection will land ...

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TAGS:
real estate
housing

Housing Starts

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Wall Street Journal: "Senate lawmakers are close to a deal that would expand a government program to insure hundreds of billions of dollars in refinanced mortgages, top lawmakers said Thursday."

American Banker: "A Senate Banking Committee vote scheduled for Thursday on a bill to help stem the ...

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TAGS:
media
housing market

Realtors, Tucker Carlson Loves You

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With housing prices in free fall and lending standards tightening, it's been a tough year for real estate professionals. But rather than just busting open the liquor cabinet as a less dignified trade group might have done—I'm looking at you, National Association of Professional Pet Sitters—the ...

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TAGS:
real estate

Housing Starts

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The Washington Post: "The House yesterday approved an ambitious plan to rescue hundreds of thousands of homeowners at risk of foreclosure by helping them trade exotic loans with rapidly rising monthly payments for more affordable mortgages backed by the federal government."

The New York Times: "But ...

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TAGS:
media
housing market

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