Greg is a 30-year-old regional manager for Rite-Aid, and he and his wife make about $60,000. They don't have any children, but they plan to soon. Greg shops at The Gap and Target. Read more…

How would you like a $10,000 gift certificate for Pottery Barn? A $30,000 in-ground swimming pool - installed? The chance to toss back a few drinks with rocker John Legend? These and many other fabulous prizes can be yours if...you buy a house! Read more…

New Rules for ‘Exotic’ LoansBy BOB TEDESCHI IS the era of the “exotic” mortgage near an end? Some analysts say the answer is yes, thanks to a new set of lending guidelines set forth by federal agencies that oversee many... Read more…

Realtors Cool to Zillow.com Chief The eight-month-old site has rapidly become one of the nation's most popular online sources of real estate data RISMEDIA, October 19, 2006—(MCT)—The co-founder of Zillow.com walked into the lion's den, telling a Realtors convention that... Read more…

How Much is Too Much to Fix up Your House? by M. Anthony Carr As with any resale product, the person trying to sell said product will usually try to make the product look as new as possible to ensure... Read more…

Tax-free advantages of becoming serial home buyer Robert Bruss, Inman News Published October 20, 2006 Do you have any friends who sell their homes and move about every two years? You may wonder why they change homes so often. No,... Read more…

Baby Boomers: Greatest Real Estate Generation? by Kenneth R. Harney Baby boomers have been called lots of things during the past 50 years, but new research from Harris Interactive and the National Association of Realtors suggests that another label may... Read more…

Will New MLS Rules Change The Marketplace? by Peter G. Miller For as long as anyone can remember the only form of listing allowed in local MLS systems has been the exclusive right to sell agreement. With an exclusive-right-to-sell listing... Read more…

Reuters - Countrywide Financial Corp. , the largest U.S. mortgage lender, on Tuesday said third-quarter profit rose 2 percent, less than analysts expected, as rising housing costs hurt demand for mortgages. Read more…

Finding a Home made easier with For Sale by Owner Center and Gmail Home buyers often get frustrated having to visit so many different sites to search real estate listings, spending precious time sifting through all of those sites. Read more…

Reuters - Countrywide Financial Corp., the largest U.S. mortgage lender, on Tuesday said it expects to cut staff by more than 2,500 employees to help save more than $500 million as demand for home loans slumps. Read more…

AP - Countrywide Financial Corp., the largest U.S. mortgage lender, said Tuesday it will cut its work force by more than 2,500, or about 5 percent, even as growth in its loan servicing portfolio pushed its third-quarter profit up 2 percent. Read more…

Reuters - U.S. stocks rose on Wednesday, as a jump in oil prices helped Exxon Mobil Corp. and news of a spin-off lifted Altria Group , offsetting worries about the outlook for Boeing Co. and General Motors Corp. . Read more…

AFP - US existing home sales fell last month for the sixth month running, owing to caution among buyers with prices still in decline, realtors said. Read more…

Reuters - U.S. existing home sales slipped for a sixth straight month in September, a real estate group said on Wednesday, underscoring a weak spot in the economy that some analysts think could lead to lower interest rates next year. Read more…

AP - In further evidence of a sharp slowdown in the once-booming housing market, sales of existing homes fell for a sixth straight month in September and the median sales price dropped by a record amount. Read more…

AFP - Aviva, the biggest insurer in Britain, said that new sales of its long-term savings policies jumped by 22 percent in the first nine months of 2006, boosted by strong growth in its home market. Read more…

U.S. mortgage applications rose last week, while home loan interest rates crept up, an industry trade group's data showed Wednesday. Read more…

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Two years of interest rate hikes and flattening home prices have put the squeeze on homeowners who gorged on debt during the boom. Now they're struggling to keep up with ballooning payments or, worse, losing their homes to creditors. Read more…

Jonas Lee spends most days driving slowly through unfamiliar neighborhoods. He may look lost - constantly leaning out the window, craning his head in contorted ways - but don't be fooled. He's doing the most critical part of his job: scoping out homes for his Washington, D.C., investment firm, Redbrick Partners, to add to its growing stable of rental properties. Read more…

A man who looks like Wilford Brimley moseys into the Costco warehouse store in the Seattle suburb of Issaquah, Wash., on a bright Columbus Day morning, easily blending into the throngs of shoppers picking up Cheerios, toilet paper and cashmere sweaters. Read more…

Four more years in the classroom should be looking pretty good to high school graduates if future salary is important to them, according to new Census data released Thursday. Read more…

Not long ago an investment banker worth millions told me that he wasn't in his line of work for the money. "If I was doing this for the money," he said, with no trace of irony, "I'd be at a hedge fund." What to say? Only on a small plot of real estate in lower Manhattan at the dawn of the 21st century could such a statement be remotely fathomable. That it is suggests how debauched our ruling class has become. Read more…

In 1990, things were coming together for John Barr. He'd left Morgan Stanley to launch Barr Devlin, an investment bank specializing in utility mergers. Around the same time, he recalls, "a voice came into my head in the Caribbean dialect." He was driving back from a board meeting when it happened. "I've trained myself not to question when that kind of thing happens," he says. "I pulled over. Wrote it down." Read more…