All Families Need to Have the Financial ‘Talk’

(MCT)—It’s the conversation that many families put off. And then put off some more. It’s the talk between elderly parents and their adult children about the parents’ finances. It’s a conversation that More »

The Top 10 Affordable Purchase Markets for Aspiring Millennial Homebuyers

First-time homebuyers have been largely absent from the housing market in the current economic recovery, but some metropolitan areas—particularly in the Midwest and West—are well positioned to see increases in home-buying from More »

30-Year-Fixed Mortgage Rates Slide for Second Week in a Row

The 30-year fixed mortgage rate on Zillow Mortgages dropped eight percentage points from this time last week, landing at 3.97 percent. The 30-year fixed mortgage rate hovered between 3.96 and 4.08 percent More »

All Families Need to Have the Financial ‘Talk’

(MCT)—It’s the conversation that many families put off. And then put off some more. It’s the talk between elderly parents and their adult children about the parents’ finances. It’s a conversation that every family eventually must have—and it’s best to do it before a crisis hits. “Money is a taboo subject for families, but we […]
RISMedia » Consumer News and Advice

The Top 10 Affordable Purchase Markets for Aspiring Millennial Homebuyers

First-time homebuyers have been largely absent from the housing market in the current economic recovery, but some metropolitan areas—particularly in the Midwest and West—are well positioned to see increases in home-buying from the Millennial generation in upcoming years, according to new research by the National Association of REALTORS®. NAR analyzed current housing conditions, job creation and […]
RISMedia » Consumer News and Advice

30-Year-Fixed Mortgage Rates Slide for Second Week in a Row

The 30-year fixed mortgage rate on Zillow Mortgages dropped eight percentage points from this time last week, landing at 3.97 percent. The 30-year fixed mortgage rate hovered between 3.96 and 4.08 percent for the majority of the week, before settling at the current rate on Tuesday. “Rates dropped below 4 percent on Thursday amid the […]
RISMedia » Consumer News and Advice

Home Sales Expected to Accelerate

After a slow start this year, home sales are predicted to play catch up for the remainder of 2014, according to the Freddie Mac U.S. Economic and Housing Market Outlook for July. The report showed mixed data results for the housing recovery as we head into the second half of the year. While sales are […]
RISMedia » Consumer News and Advice

June Existing-Home Sales Reach Recent Highs

During the month of June, existing-home sales reached an annual pace of 5 million sales for the first time since October 2013, according to data recently released by the National Association of REALTORS®. In addition to the heightened existing-home sales, rising inventory continued to move the housing supply forward, signaling a strengthened and more balanced […]
RISMedia » Consumer News and Advice

Diggin’ In: Rain Barrels Fill Many Needs for Home, Garden

(MCT)–Gardens are typically blessed with spring rains that bring summer flowers—and then the hot, dry months of July and August take their toll. Often, thoughts turn to, “How do I water without running my water bill sky high?” A rain barrel could be part of the solution. It’s hard to justify rain barrels for major […]
RISMedia » Consumer News and Advice

Hot Property: Ellen DeGeneres Sells Trophy Home to Tech Billionaire

(MCT)–Ellen DeGeneres has sold the A. Quincy Jones-designed Brody House on Los Angeles’ Westside to Napster co-founder Sean Parker for $ 55 million in an off-market deal. Built in 1950 for real estate developer Sidney Brody and his wife, modernist art collector Frances Brody, the property was sold four years ago for close to $ 15 million […]
RISMedia » Consumer News and Advice

If Your Tree Falls onto Neighbor’s Property, Are You Liable?

If your tree falls onto a neighbor’s property, it might not make a sound, but you may be liable. Trees can fall for any number of different reasons: construction, heavy storms, and even just the natural end of a tree’s life. But in each of these situations where your tree topples onto your neighbor’s property, […]
RISMedia » Consumer News and Advice

Great Spaces: Screenwriter Packs Up in Brentwood

Oscar-winning screenwriter Stephen Gaghan (“Traffic,” “Syriana,” “Havoc”), along with fashion designer wife Minnie Mortimer, placed their lucky Brentwood estate on the market for $ 4.995 million. Why lucky, you may ask? Because it took less than two weeks for the listing to make its way into escrow. The gated, five-bedroom home spans 5,267 square feet of […]
RISMedia » Consumer News and Advice

The Most Absurd Features of Leonardo DiCaprio’s NYC Apartment

Leonardo DiCaprio is a baller. Though he may be sans-Oscar (hopefully not for much longer), this “Wolf of Wall Street” can still afford to drop $ 10 million on a two-bedroom apartment in an eco-friendly New York City high rise. But calling this building “eco-friendly” is the understatement of the century, because the amenities Leo now […]
RISMedia » Consumer News and Advice