LOS ANGELES (AP) - Banks took back more U.S. homes in January than in the previous month, the latest sign that foreclosures are accelerating after slowing sharply last year while lenders sorted out foreclosure-abuse claims.
DEAR BENNY: My wife and I closed on a short-sale house in Florida back in 2010. We paid "in full" the homeowners and flood insurance even before we took title to the property. Once we became the owner of the property, confusion started when the insurance agent apparently (and incorrectly) advised the lender that we did not have the necessary insurance coverage.
The big headline announced this month is the $26 settlement reached between the nation's five largest banks and 49 state attorney generals. The settlement is to compensate and assist homeowners that have been either foreclosed on improperly, or homeowners that owe significantly more than the value of their home.
Rent vs. own? More Americans are wrestling with that question as the economy continues its slow recovery. Even though homes are selling at record lows, many Americans are choosing to rent instead, maintaining their mobility and financial flexibility until the economy, as well as their job prospects, improve.
Did you ever watch a home improvement show team transform a drab room into something spectacular using a shoestring budget and less time than it takes you to clean out your closet? Ever wonder how they did it? Here's the secret: they cheat. And you can too.
Oakwood Shores 2.0 isn't simply an upgrade of the initial gated lakefront community that took major nosedive during the collapse of the housing bubble.
Warmer temperatures, green grass and increased daylight help shake off the winter blues and inspire home and yard improvements to spruce up your surroundings.
Beat the winter blues by taking the first steps to create a summer backyard oasis. By preparing now, you'll be ready to install - and enjoy - a dream deck once warmer weather arrives.
Every garden is filled with them: millions of unseen weeds. They are dormant seeds that lurk just below the soil surface, ready to spring to life with just the briefest exposure to light. Weeds can choke a garden, robbing it of space, nutrients and water. Allowing weeds to mature compounds the problem, as they are naturally prolific seed producers. They grow aggressively and can be tough to get rid of, because pulling weeds brings more weed seeds to the surface.
LOS ANGELES (AP) - The U.S. housing market will begin to mount a turnaround this year, building toward a solid recovery in 2013, according to a forecast issued Wednesday by the chief economist of a homebuilding industry trade group.
WASHINGTON (AP) - The average rate on the 30-year fixed mortgage stayed at a record low this week, providing some added incentive for those looking to buy a home or refinance.
DEAR BENNY: We are getting ready to close on a home and there is a settlement fee of $685 for lender's title insurance and $683 for owner's title insurance. Must we pay both fees? --Phyllis
WASHINGTON (AP) - The mortgage settlement that government officials announced Thursday is intended to help victims of foreclosure abuses that followed the housing bust.
Dreaming about a bathroom remodel? With today's easy-to-install products - many of which are also easy-to-clean - your new bathroom can actually exceed your wildest dreams. What could be better than an easy-to-clean new bathroom?
Homeowners often worry about keeping their homes safe and secure for their families. And it's no wonder: nearly 70 percent of home break-ins are in the form of kick-ins to a door, according to the U. S. Department of Justice.
The under $230,000 market when it comes to nicer resale homes is almost history once again in Manteca.
Small yards, city dwelling or soil that's sandy, rocky or full of clay - it seems no obstacles can keep Americans from the joys of gardening. More than 78 million U.S. households grow gardens, according to the Garden Writers Association Foundation, and many of them don't have optimal conditions to plant their gardens in the ground. When space constraints or soil conditions make traditional gardens impossible or inconvenient, gardeners turn to raised beds and planter boxes to grow the vegetables, herbs and flowers they crave.
Remember when brass fixtures and mauve countertops were all the rage in kitchen design? How about the days of shag carpet (yes, in the bathroom) and avocado tile? Fortunately, those particular trends have come and gone. And, whether you embraced them or not, they did have an influence on the space you live in right now. Take a look through the decades to see how decor styles have evolved into the modern kitchens and bathrooms of today.
Home improvement season is in full swing, and homeowners across the country are deciding which projects to tackle this year. By taking a strategic approach to selecting home improvements, you can go beyond adding value to your property - you can also boost your comfort and safety as well.
WASHINGTON (AP) - A fourth straight monthly increase in sales of existing homes provided the latest evidence Thursday that the U.S. housing market is rebounding from a weak start to the year.
The United States is a country of renovators and remodelers, judging from the steady growth of home improvement projects across the nation in recent years.
WASHINGTON (AP) - Average long-term U.S. mortgage rates declined this week, with the 30-year loan rate hitting its 52-week low.
LOS ANGELES (AP) - Fewer U.S. homeowners are falling behind on their mortgage payments, a trend that has reduced the late-payment rate on home loans to the lowest level in six years, according to credit reporting agency TransUnion.
With autumn just a few short weeks away, many people will soon spend less time on the patio and more time within four walls. Actually, five walls if you include the ceiling.
The appeal of Del Webb at Woodbridge goes beyond the obvious.
Moving up - vacating your current, smallish home for a larger, roomier abode - was the American way before the Great Recession. Now that the economy is humming again, at least some of the people who stayed put during those lean years will be looking to move into larger, nicer homes this summer. High demand and low inventory, however, may leave many with nowhere to go. Some will rediscover a time-honored space-gaining technique: attic conversion.
Summer is here and this is the time when you want to be outside as much as possible, soak up the sun, eat amazing food and enjoy the company of family and friends. You'll also see more of your home's exterior on days like this than any other time of the year so this is also a great time to complete those outdoor projects. In fact, 60 percent of homeowners will accomplish a summer home improvement project this year according to survey data from the Zillow Digs Summer Home Improvement Trend and Spending Survey.
Mom rules the media room, Johnny loves the basement workshop and the kitchen is Dad's domain. Gender roles notwithstanding, each family member has one room where he or she enjoys spending more time. One room, however, is equally used and loved - or reviled - by all: the bathroom.
Most people enter their home through the garage or backdoor, forgetting how the front entrance looks to neighbors and guests. Your front door is often the first thing others notice about your home. That's why it's key to make a positive first impression.
SAN DIEGO (AP) - California home sales declined in July compared to the same time last year as buyers struggled to find something they could afford in the tight market, a research firm said Thursday.