Foreclosure Discounts Drying Up

Buyers of bank-owned homes in September got a 7.7 percent discount versus the same home in a non-distressed sale, according to a new analysis by Zillow, an online real estate sales and information company. The discount fell from 9.1 percent a year ago and from a peak of 23.7 percent in August of 2009*. The … Continue reading

Why It’s Time to Buy Your Kid a Condo

Parents planning to gift real estate to their children should move to do so now, as the lifetime gift-tax exemption will fall to $1 million for individuals and $2 million for couples in the new year from $5.12 million and $10.24 million, respectively. Even if Congress intervenes before the exemption sunsets, experts still anticipate some … Continue reading

7 Ways to Go Broke This Season

If you’re trying to get out of debt, this time of year can easily become crazy and stressful. You want to go all out and have fun, but you know that “going all out” is what got you in trouble in the first place. So what’s an early Baby Stepper to do? What you need … Continue reading

What Obama’s Re-Election Means for Housing

Throughout the 2012 presidential campaign, both candidates were short on specifics about their housing policy, to put it very kindly. They ignored housing in the debates and acted as if the housing crisis were over. Neither their actions nor their policy statements gave a clear idea of what they might do about housing. But what the candidates … Continue reading

Is Eating Out on Thanksgiving a Sin?

  No one has ever accused me of being a great cook. It’s a shame really because I would love to cook meals with words like “braised” and “julienned” in the title, but I just don’t see that ever happening. So when a holiday such as Thanksgiving rolls around people like me start to have … Continue reading

Go Outside and Play NOW

We were looking for something to do today since the kids had off school and the weather is gorgeous. I had been hearing about a new play place near 40/42 called Go Outside and Play Now and we decided to check it out. It was about a 15 minute drive from my house in Garner, … Continue reading