CBS News | Housing Bubble Is A Local Matter

CBS News | Housing Bubble Is A Local Matter | September 12, 2005 07:28:08: "While the prices of homes continue to rise, so too does concern that there's a housing bubble about to burst.

With record sales of homes reported, and a surge in median home prices of 12.5 percent vs. prices at this time last year, paying attention to national reports would leave little indication of a future that includes a decline in house prices. "
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Flood insurance worth price

Northwest Herald - Online: "The government has made flood insurance available to property owners for nearly 40 years, filling a gap left by private carriers.
The program has grown controversial over the years. Critics have argued that it encourages Americans to build on beaches, flood plains and other sites that should not be built on and would not be if the government were not willing to pay when such homes and vacation spots are washed away. "
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Flood insurance rates to reflect higher risk

Flood insurance rates to reflect higher risk - Sep. 6, 2005: "If homeowners were to take away one lesson from Hurricane Katrina's destruction, it's that flood insurance should be considered a necessity, not a luxury.
But with the National Flood Insurance Program expected to pay out billions of dollars in claims to cover the flood damage in Louisiana and other hard-hit states, homeowners that are suddenly interested in the extra protection may be forced to pay more for coverage. "
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Flood insurance facts

Flood insurance facts: "Flood insurance facts
Federal flood insurance is sold through ordinary insurance companies or agents, typically as a supplement to homeowners' coverage. Details - including an interactive tool that shows your own home's flood risk - are available at www.floodsmart.gov. For information by phone, call (800) 427-4661.
A few key points: "
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Katrina disaster trains a spotlight on homeowner's policies

Katrina disaster trains a spotlight on homeowner's policies - Yahoo! News: "Homeowner's insurance is an afterthought for many consumers. While insurance is required to secure a mortgage, few expect to use their policy for anything more than slight damage from a leaky water heater or a few broken windows in a hailstorm"
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CBS News | Know Your Insurance Rights

CBS News | Know Your Insurance Rights | September 12, 2005�12:00:06: "It's now been two weeks since Hurricane Katrina savaged the country's Gulf Coast. While some still struggle just to survive, many residents have begun the arduous task of accounting for what was lost: assets like homes, businesses, and automobiles.

As part of The Early Show's series, Rebuilding Your Life, Vera Gibbons offers information on how you can go about recovering your losses from the insurance company. Gibbons is a special correspondent for Kiplinger's Personal Finance"
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HUD tags homes for evacuees

Dallas Morning News | News for Dallas, Texas | Business: "Your new neighbor could be a hurricane evacuee.
The U.S. Department of Housing and Urban Development is setting aside about 5,000 foreclosed homes on the market in Texas and 10 other states including many in the Dallas-Fort Worth area for Katrina survivors.
HUD officials can't say exactly how many of the houses are in North Texas, but the four-county area has led the nation in home foreclosures in the last couple of years. "
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HUD, VA offer homes for some Katrina victims

HUD, VA offer homes for some Katrina victims - Yahoo! News: "The Department of Housing and Urban Development has taken all its homes in stricken states off the market to consider which ones can house evacuees. It has identified 1,380 homes in seven states as livable and plans to move people into them, spokesman Lemar Wooley says."
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Real Estate Adviser: Buying FSBO? You may still owe your agent

Real Estate Adviser: Buying FSBO? You may still owe your agent: "We have signed with a Realtor to be our buyer's agent. But we have found a home 'for sale by owner,' which the Realtor didn't help us find. Do we have to pay her if she did not find this FSBO house for us?
-- Jodie"
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Buying, Selling a Home Makes People Ride Emotional Teeter-Totter

Buying, Selling a Home Makes People Ride Emotional Teeter-Totter: "Because real estate is such an important cog in an otherwise lackluster economic wheel, there is a tendency right now to overemphasize the financial aspects of buying and selling houses.
But a real-estate deal has always been much more than just money exchanged for property. It's an emotional teeter-totter, filled with highs and lows for everyone involved. "
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Helping Homeowners To Save They Homes From Foreclosure

Helping Homeowners To Save They Homes From Foreclosure - Yahoo! News: "Loss Mitigation is the art of helping delinquent homeowners, in or close to foreclosure, to save their home. How? By representing them and negotiating on their behalf with the lender; using government and non-government programs and regulations, and other proprietary techniques to resolve the delinquency and keep them in the existing mortgage and home. Our vision is to provide homeowners in every city across America with an ethical, effective alternative to "
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In Rockdale, 30013 home sales rocket up | ajc.com

In Rockdale, 30013 home sales rocket up | ajc.com: "'We've experienced pretty strong growth in the average home sale price,' said Karl R. Kelley Sr., deputy director of the Rockdale County Planning Department. The growth is probably due, in part, to increased home sizes in new developments, he said.
Thanks to activity in the 30013 ZIP code, Rockdale made the AJC's Top 20 list comparing absolute growth in existing home sale prices throughout metro Atlanta, with data provided by Smart Numbers, a real estate research firm. Existing home sales in 30013 grew by 7 percent last year, with a 12 percent price increase up from a median of $147,000 in 2003 to $165,000 in 2004."
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