Weekly Recap (12/20/10-12/25/10)by Tim Manni
HSH.com would like to extend a warm holiday greeting to all our readers. Our offices will reopen Monday, December 27.
Some good news this holiday season
As we all know, 2010 has been a very trying and difficult year for many American homeowners. We especially feel for all those out there who have received or will be anticipating foreclosure notices.
As was the case last year, Fannie Mae and Freddie Mac have decided to halt foreclosures until the Christmas and New Year’s holidays are over…
With home prices and mortgage rates as low as they are, more parents are asking, “Is it worth buying a more expensive property in order to get my kids into a better school?”
If you ask Deanne Anderson what a top school is worth, she’s got a specific answer: 25 percent of your home’s value.
The Los Angeles area Realtor can be that specific because she sells homes in the small suburb of La Cañada Flintridge — a city of about 20,000 residents with two school districts. Kids living on the east side of the city attend La Cañada schools, which are consistently ranked among the top in the state. But a small western segment of town is locked out of La Cañada schools. Kids in the so-called “Sagebrush” area must attend school in La Crescenta, which also hosts great schools–just not quite as great or quite as consistent…
Just the other day, we shared an article from our Library on home improvement projects you can do to your home during the winter months. Today, we’re going to focus on energy-efficient home improvements.
Many tax credits for home improvements are expiring at the end of 2010. What energy-efficient improvements are still worth the money? As expert Matt Grocoff points out, there are quite a few.
As the year draws to a close, many homeowners are scrambling to complete home improvement projects that would earn a federal tax credit. Homeowners who want a more energy-efficient home might be surprised to learn that there are several home improvement projects that can still bring a large return on investment (ROI), even without that extra tax boost from Uncle Sam…
HSH’s office will be closed on Thursday and Friday (12/23 & 12/24) in observation of the Christmas holiday. Our office will reopen on Monday, December 27.
Unemployed, but doing everything you possibly can to keep your home? If so, it’s important to understand that if you’re more than three months delinquent on your mortgage payments, you won’t qualify for the latest initiative to assist unemployed homeowners. That’s why it’s more important than ever to understand the latest extension of unemployment benefits.
President Obama signed a law extending unemployment benefits for another 13 months when he signed a larger tax-cut bill on December 17, 2010. However, those who have already collected 99 months worth of benefits will not be collecting additional money…
Today marks the official start of winter. For much of the country, winter means frigid temperatures, wind chills that take your breath away, and piles of snow covering your lawn. That, of course, means being locked inside for months while you slowly go a bit nuts with cabin fever.
When you’re looking for a hands-on home improvement project to keep you from going stir-crazy during the cold winter months, these ideas from top contractors could provide the sanity you need…
Mortgage rates increased last week to “better than five-month highs,” with certain expressions cracking the five percent mark for the first time in what feels like ages.
The latest issue of HSH.com’s “Market Trends Newsletter” explains the reasons behind this recent upswing in mortgage rates:
Fading fears of a double-dip recession, tax deals which may foster additional economic growth and a deflation threat which is falling behind us are all conspiring to push mortgage rates to better than five-month highs…