The Newhouse Team™ News

Housing rescue plan passes key Senate test
A massive foreclosure rescue bill cleared a key Senate test Tuesday by an overwhelming margin, with Democrats and Republicans both eager to claim election-year credit for helping hard-pressed homeowners. Full article >>

Boise Ranked 4th Best Place to Live, Work, and Play
After all he did to build Boise, J.R. Simplot would be proud to learn his hometown has even more bragging rights. Today, a national magazine included the city of trees in its top ten cities of 2008. Kiplinger's Personal Finance ranked Boise 4th on this year's list of best places to live, work and play.  That's based on several criteria including Boise’s promising future. Full article >>

Finally, Good News!
The dire headlines coming fast and furious in the financial and popular press suggest that the housing crisis is intensifying. Yet it is very likely that April 2008 will mark the bottom of the U.S. housing market. Yes, the housing market is bottoming right now. Full article >>

Home sales rise, but prices keep tumbling
Increase of existing structures is biggest in a year, but cost drop is record. Full article >>

Ignore the Headlines
Famed Money Manager is perhaps best known for his timeless wisdom that you can beat the pros by focusing on stocks of companies where you either work or shop or have some other edge. But a more relevant Lynchism today is this gem: Ignore the headlines. Full article >>

Some (Limited) Relief for the Mortgage-Stressed
If you were busy with holiday travels and shopping in late December, you might have missed the fact that President Bush signed into law new legislation designed to help homeowners in deep mortgage trouble. Full article >>

2007 Existing-home Sales Fifth Highest
Existing-home sales declined in December following several months of stable activity, with total sales in 2007 still at the fifth highest on record, according to the NATIONAL ASSOCIATION OF REALTORS®. Full article >>

5 Big Newlywed Mortgage Blunders
Avoid these newbie mortgage mistakes and you'll get carried across the threshold without tripping.
Full artcle >>

NAR Says Economic Stimulus Legislation Will Help Jumpstart Sluggish Housing Market
The National Association of Realtors congratulated the U.S. House of Representatives and President Bush for their bipartisan actions to help families in need, the housing market, and the U.S. economy. Full article >>