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Consumer Reports: How to Make Pricey Appliances Last
The cost of maintaining a home and appliances is often a major deterrent for those debating whether to rent or purchase a home. The unexpected expense of fixing leaky gutters and broken dishwashers can be budget breaking if it comes at the wrong time of month. Not to mention it's a huge pain.
Open House: Home Ownership Blues?
I'm sure that, like me, you've been following the news of the mortgage crisis in the United States, and the drop in home prices due to it. Even if you don't want to follow it, you can't help but hear the coverage! While lower home prices are potentially good news for home buyers with stellar credit and a down payment, it's not so great for folks who bought their houses during the housing boom.
Website of the Day: Zillow.com
Ever wonder how much your fantastically wealthy uncle's home is worth, or what it would cost for you to up and move to another state? Zillow.com offers real estate specs on 67,000,000 homes in the US.
The idea for the site was hatched in 2005 when two geeks' dream business evolved from the desire to make zillions of data points for homes accessible to everyone.
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News Flash: Home Ownership Takes a Big Dip
Government figures released this week show the largest one year decrease in home ownership since tracking began in 1965. A whopping 2.18 million homes were vacant and for sale during the fourth quarter of 2007! That's 2.8 percent of all homes not in the rental market.
Farewell, Shooka, and Nala: Gosselins' Dogs Go Back to Breeder!
Added to the family less than a year ago, Jon Gosselin already came under fire for past remarks about the sextuplets treatment of their pups . . .
Where It Costs Less to Own Than Rent
We got some good economic news during the past week with announcements that July's new and existing home sales jumped significantly, beating analysts expectations. While buying a home isn't the best choice for everyone and not every American considers home ownership part of the dream, lower prices have made it an option for more people who want it.
Because the market has sunk deeply in certain areas, owning a home can cost nearly the same as renting.
Before and After: A DIY Kitchen Reno
Su Casa member and ambitious home renovator Jenn1979 and her husband recently bought a home. However, they also assumed ownership of a not-so-pretty, poorly working kitchen in the process.
Jenn writes, "We bought our house just over a year ago.
Maxed Out: Debt by Comic Books Isn't Funny
This episode of Maxed Out features the financial struggles of Adrianne and Greg, a young couple who have home ownership on the mind, but debt is holding them back. Greg is a habitual spender and has $20,000 in debt, spent mostly on DVDs and comic books, while Adrianne is debt-free.
A big reason Adrianne's last relationship didn't work out is that she was paying for everything, and this put her into debt (which she was able to eventually pay off).
Trading Spaces: 4 Changes For US Economic Landscape
If there's one thing we can agree on (or not!) is that innovation is needed to lead America out of its economic mess. Richard Florida, author of The Rise of the Creative Class, tackles how the greatest recession will reshape America in March's Atlantic.
If Florida's right, city living may be the future.
Maxed Out: Third Bankruptcy Is Not a Charm
This episode of Maxed Out is about Jessica and Greg, a couple who just can't grasp financial responsibility. They declared bankruptcy separately before they were married, and as parents of one-year old twins and a six-year old they are on the brink of declaring bankruptcy together. Their $55,000 of debt is overwhelming their relationship and dissolving their dreams of home ownership, and even though they earn a combined annual salary of $120,000, they are always one payment behind on all of their bills.
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