Miami offers pitfalls and possibilities
Few cities took a harder hit in the recession than Miami, and the city's all-important real estate sector may never recover
Boston’s knowledge economy a plus
In 2008, BusinessWeek magazine noted that Boston was one of the U.S. cities best equipped to ride out the recession, thanks to a near-perfect mix of industries that are not only stable but complementary
New credential focuses on families with special needs children
The Massachusetts Mutual Life Insurance Co. and the American College have created the chartered special needs consultant designation…
Refinance roulette can send clients spinning out of control
Financial advisers whose clients are calling and saying, “Hey, I see that rates have fallen 1% below my current rate; shouldn't I refinance?” may have to remind them that though a 1% drop is considered enough reason to refinance, the homeowner still has to pay closing costs, and if they are planning to move soon, they may leave the home before they reach the break-even point
Gauging clients’ need for insurance beyond the house and car
Clients know that it is necessary to buy homeowners insurance and car insurance, but too many leave it at that
Special handling needed to protect the homestead
Family homes, because of their great value and emotional ties, are a challenge in estate planning and require special handling
Help clients take care of their credit scores
In the past, when real estate kept rising, consumers were able to use their homes as de facto piggy banks — despite warnings to the contrary