By ANNAMARIA ANDRIOTIS First came superstorm Sandy. Next came a different kind of deluge. Insurance agents and brokers say calls from homeowners inquiring or applying for flood insurance—which isn’t included in standard homeowner’s-insurance policies—have picked up since Sandy hit the East Coast in October. Most of the demand is coming from clients in Connecticut, New
As congregations shrink, more churches are selling properties to residential developers. High ceilings and stained glass create ambience, but aging buildings make going from God’s house to townhouse a challenge.
Joint property owners, 401(k) matches and deductions for medical expenses.
As electricity returned on Wednesday for every New York City public-housing resident, another dangerous impact from superstorm Sandy lingered: More than 15,000 of those residents have no heat with a cold snap descending on the region.
By MATTHEW STROZIER Demand for new mortgages is finally revving up—among big spenders, anyway. Home sales using a jumbo mortgage had year-over-year growth of 7.9% through September, compared with 2.7% for nonjumbo sales, according to an analysis for The Wall Street Journal by mortgage-technology company FNC. It’s the latest sign that jumbo loans, defined as
Ruth Simon and Jessica Silver-Greenberg Why It’s Time To Buy Article http://online.wsj.com Back in June 2006, when the housing market peaked, the prospect of a five-year national housing bust seemed unimaginable to most people. And yet here we are, with the latest Standard & Poor’s Case-Shiller index showing that prices hit new bear-market lows, falling
Chad Terhune and Annamaria Andriotis While Home Prices May Be Falling, Insurance Premiums Are on the Rise Article http://online.wsj.com/ Already plagued by stubbornly low home prices, homeowners soon may be facing another blow: rising insurance premiums. Read Article | Comment it
