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  2. Interesting
    3. (Page 7)

Interesting

Housing Meltdown Hurts Minorities the Most

Minority Americans were the biggest losers in the subprime mortgage crisis, according to a study by an advocacy organization United for a Fair Economy. The study concludes that African-Americans and Hispanics lost as much as $213 billion in wealth over the last eight years because of predatory lending. “This was “the most massive loss of […]

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Home Featured in Pitt Movie Selling for $2.85M

The New Orleans home that was used in the filming of much of “The Curious Case of Benjamin Button” is for sale. The film is a cinematic version of a 1921 short story of the same name written by F. Scott Fitzgerald about a man who grows younger rather than older. The story opens in […]

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Habari Gani: What’s the word?

The Seven Principles (Nguzo Saba) of Kwanzaa are: Umoja (oo-MOH-jah): Unity Success starts with Unity. Unity of family, community, nation and race. Kujichagulia (koo-jee-chah-goo-LEE-ah): Self-Determination To be responsible for ourselves. To create your own destiny. Ujima (oo-JEE-mah): Collective work and responsibility To build and maintain your community together. To work together to help one another […]

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Most Boomers Want to Stay in Current Home

A study of the Baby Boom generation by AARP and the National Association of Home Builders concluded that because the number of people age 65 and older will grow to 70 million by 2030, where boomers choose to live will have maximum impact on the housing industry. While boomers will reflect the patterns of earlier […]

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Buyers Increasingly Suspicious of Foreclosures

Fewer buyers are willing to consider purchasing foreclosed property than they were seven months ago, according to a study commissioned by Trulia.com and RealtyTrac. Seven months ago, 54 percent of adults surveyed said they would consider purchasing a foreclosed home. In November, only 47 percent of adults say they’d buy a foreclosure. The chief turnoff […]

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Real Estate Investing!!

I just received my new read from Ron Draluck- Mortgage Planner with Sunshine Mortgage Corp. “Push Button Investing In Real Estate The Safe, Systematic Way To Create Wealth In Residential Real Estate” I’m excited about this book, while I receive much information from self proclaimed “R.E. GURUs” and those who claim their book holds the […]

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Black Media Mogul to Aid Foreclosure Prevention

Billionaire Robert L. Johnson, the founder of Black Entertainment Television and owner of the Charlotte Bobcats NBA team, has announced a plan to fight foreclosures. Johnson has committed $1 billion to enable his minority-owned Urban Trust Bank and a new entity, Homeowners First Bank, to create an arrangement that allows loan servicers to pay the […]

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Why Are Property Taxes Still Rising?

Property taxes continue to rise across the country, despite steep declines in home values. Property tax collections across the United States rose 3.1 percent this year, according to the U.S. Bureau of Economic Analysis (BEA). That means state and local governments will collect more than $400 billion in property taxes this year—a record amount. Most […]

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Home Sales Rise in Military Towns

Homes near military bases are escaping a slowdown in sales due to the wars in Iraq and Afghanistan. For instance, home prices in Clarksville, Tenn., the nearest residential area to Fort Campbell, Ky., rose 6 percent in the second quarter of 2008, compared to the previous year, while average home prices in the U.S. fell […]

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