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Real Estate and Home

Money Magazine: 25 Rules to Grow Rich By, Part 1

by Luke Landes

Money Magazine seems to be publishing some good content lately. First, it was 7 shortcuts for major money hassles, and today it’s a larger feature on 25 rules to help you grow rich. I’ve never been one to play by the rules, which in my opinion, are made to be broken. In fact, I hate ... Continue reading this article…

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What Can We Learn From SAS Real Estate?

by Luke Landes

Yesterday, the broker/owner of SAS Real Estate responded to the bad customer service issues I wrote about concerning a $300 refund due to me. She was unhappy the story was published, although she couldn’t dispute the facts. The whole problem would have been avoided if SAS did the Right Thing from the beginning. In this ... Continue reading this article…

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Looking for Apartments, Update 7: SAS Real Estate Responds

by Luke Landes

Well, apparently SAS Real Estate came across my latest update on the $300 apartment deposit story, originating in June, and which I concluded in September. Sylvia from the company posted a comment on a prior post, and I’ll include her points here, to be fair:

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Even Renting is Expensive

by Luke Landes

Melinda Fulmer from MSN Real Estate is reporting on the most expensive cities for renters, based on “average rent.” Unsurprisingly, New York is at the top of the chart, followed by San Francisco, Los Angeles, San Jose, the OC, Boston, Oakland, San Diego, Washington, D.C., and Fort Lauderdale. With prices high — the average in ... Continue reading this article…

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Dustin Diamond (Screech)’s Strange Land Contract

by Luke Landes

You may remember Dustin Diamond as “Screech” from the television show, Saved By The Bell. I heard about his situation a few days ago. He appeared on Howard Stern’s satellite radio show and begged his fans to buy his tee-shirts so he could pay off his house, as he has run into sorry financial times. ... Continue reading this article…

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The Real Estate Cartel?

by Luke Landes

The Consumer Federation of America issued a report declaring that the real estate brokerage industry acts as a cartel to set prices unfairly. Here’s the full report [PDF]. “Many traditional real estate brokerage firms, and their organizations, function as a cartel that tries to set prices and restrict service options,” said Stephen Brobeck, CFA’s Executive ... Continue reading this article…

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Looking for Apartments, Update 1

by Luke Landes

As I mentioned on Friday, my girlfriend and I are looking for an apartment somewhat halfway between where we both work (Queens and central New Jersey). The island of Manhattan tends to cause problems drawing straight lines on a map, so we’re looking in two places:

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Buying a House vs. Renting a House

by Luke Landes

Liz Pulliam Weston published a column explaining why it’s smarter to buy rather than rent a home. She cited some statistics that show that the average net worth of home owners in any income range are much higher than that of renters in the same range. Liz warns the readers to stay away from “buy ... Continue reading this article…

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Commissions Still High

by Luke Landes

A quick side note: Did you know you could subscribe to Consumerism Commentary? Simply use this RSS link in your favorite reader, such as BlogLines! It’s the perfect way to be sure you don’t miss anything. In general across a broad variety of services, competition has been driving commissions down. The internet has certainly helped ... Continue reading this article…

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Property Taxes

by Luke Landes

I am not a homeowner right now for many reasons. Here’s another reason to add to the list: sky-high property tax. Yes, I pay some property tax now, hidden within my rent bill. Landlords pass the cost of taxes onto tenants. Because of the high cost of buying and owning a home, finding money for ... Continue reading this article…

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Eminent Domain Rules Officially Changed

by Luke Landes

Let’s say you own a home, like many people in this country do. Let’s go further and say that you own the property completely. Maybe you had a mortgage, but it’s completely paid off. The property is yours. Well… as Jon Stewart is fond of saying, not so much. If your state government decides that ... Continue reading this article…

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Getting House-Purchasing Help From Parents

by Luke Landes

Many people I know are buying or have bought their first houses with help from their relatives. It’s great that parents and grandparents are able to help the new buyers out with getting their feet in the door that leads to a great wealth-building opportunity. There are, of course, some issues to consider if you ... Continue reading this article…

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No Money? Buy a Home!

by Luke Landes

Many of the people I’ve grown up with have been buying their first homes at this point. One of my closest friends (and his wife and daughter) is selling his first home and moving onto bigger and better. So yes, I’ve been thinking about it a bit. In that respect, this article caught my attention ... Continue reading this article…

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Housing Market Update

by Luke Landes

According to the National Association of Realtors, Florida had some nice gains in real estate values between the fourth quarter of 2003 and the fourth quarter of 2004, but Las Vegas, Nevada is on top. Here’s the full chart.

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