Tayte's Blog

After bottoming in the fourth quarter of 2006, existing-home sales are forecast to gradually rise through 2007 and into 2008, while new-home sales should turn around by summer, according to the latest forecast by the NATIONAL ASSOCIATION OF REALTORS®. Annual totals for existing-home sales in 2007...

Managing Small Properties Can Pay Off       Even in today's uncertain climate, a hands-on real estate investor can make money with smaller properties that are easy to acquire and manage.Here are some suggestions to get started:Rent out a part of your own home for $400 a month and use that money e...

Fed Governor Warns Lenders: Tighten Up Practices  Federal Reserve Gov. Susan Bies told a meeting of bankers Thursday that their loose underwriting standards were at least partially responsible for the increased numbers of late payments and foreclosures. And, she warned them that they needed to ti...

Empty Houses Lead to Lower Prices  With spring right around the corner, many housing industry experts are hoping the real estate market will see some noticeable improvements. However, there is one snag that can potentially keep prices down - the large number of vacant homes for sale and rent. In ...

The Most Expensive Home of 2006  The most expensive house sold in 2006 was an English-style, 10,000-square-foot Alpine, N.J., mansion with guest cottages, pool, and tennis courts, according to the Institute for Luxury Home Marketing.The price tag for the 63-acre estate five miles from Manhattan: ...