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Local Address: May 24, 2009 - May 30, 2009

Cucina Bella And the Weekend Poll

I'm intrigued by the peek inside the new kitchen at the residence of Italy'It's hardly the image of an Italian kitchen that first springs to mind--basically the decor of an Olive Garden restaurant.s ambassador to the United States, Giovanni Castellaneta and his wife, Lila Castellaneta.

By Elizabeth Razzi  |  May 29, 2009; 6:00 AM ET  |  Permalink  |  Comments (0)
Categories:  Home features , Weekend Poll  
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What If There Weren't All Those Foreclosures?

Distressed home-sales--foreclosures and short sales--magnified the price decline in California since 2006 by about 5.4 percentage points, according to a research paper from the Federal Housing Finance Agency, which regulates Fannie Mae and Freddie Mac. The study attempts to quantify the effect of distressed home sales on home price measures such as FHFA's House Price Index.

By Elizabeth Razzi  |  May 28, 2009; 6:00 AM ET  |  Permalink  |  Comments (5)
Categories:  Foreclosure , Statistics , The economy , The market  
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What's Not Covered by Flood Insurance?

Here are several things to know about what a special flood insurance policy will pay for. In particular, you should know there's a 30-day waiting period unless you're required to buy a policy by a mortgage lender.

By Elizabeth Razzi  |  May 27, 2009; 6:00 AM ET  |  Permalink  |  Comments (0)
Categories:  Home features  
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Virginia's Tax Holiday for Emergency Supplies

Got duct tape? Virginia is waiving its 5 percent sales tax on almost anything that households ought to keep in stock in case of a blackout or emergency. The tax holiday runs all this week, through May 31. District and Maryland residents may find it worth crossing the Potomac to take advantage of the break.

By Elizabeth Razzi  |  May 26, 2009; 6:00 AM ET  |  Permalink  |  Comments (0)
Categories:  Home features , Outdoors  
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A Flag Primer for Memorial Day

On Memorial Day, you're supposed to fly the flag at half-staff until noon. To do that properly, raise the flag swiftly all the way up to the top of the flag pole, then lower it slowly to the halfway point.

By Elizabeth Razzi  |  May 25, 2009; 6:00 AM ET  |  Permalink  |  Comments (1)
Categories:  Home features , Outdoors  
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