Buyers are still clamoring for real estate deals in this turbulent market. Foreclosures and short sales offer some of the best bargains, but also have a higher risk level. Still, more than four in five adults think foreclosures and short sales can be good deals, according to a recent American Society of Home Inspectors (ASHI) survey.
Bigger isn't always better in the real estate world, and what's more, it's not always possible. With more baby boomers downsizing from McMansions to smaller, more manageable houses, and a growing number of people opting to rent rather than buy, many families are looking for new ways to decorate, design and work with smaller spaces.
WASHINGTON (AP) - Timothy Mayopoulos, the general counsel of Fannie Mae, will be the next CEO of the government-controlled mortgage giant.
WASHINGTON (AP) - Average U.S. rates on 30-year and 15-year fixed mortgages this week fell to fresh record lows for the sixth straight week. Cheap mortgages continue to help boost prospects for home sales this year.
DEAR BENNY: I am 58 years old and married. My total household income is less than $50,000. I have no mortgage; however, I do have a line of credit with $130,000 owed.
Nowhere else in the home must design and function marry as harmoniously as in the kitchen. The most-used room in the house is also the one where we spend the most work and leisure time, the one that gets the most scrutiny from potential buyers and the spot where most renovation dollars get spent.
Here's a silver lining to the foreclosure crisis: There's anecdotal evidence it is leading to the improvement of older housing stock in Manteca.
The kitchen and bathroom are at the top of most home remodeling project lists. But homeowners intent on remodeling should also consider investing in the exterior of their homes - maybe even start there.
WASHINGTON (AP) - A gauge of Americans who signed contracts to buy homes fell in April from nearly a two-year high in the previous month.
Summer is finally here, and with warmer temperatures and longer days, it's the perfect time to brighten up your home with a few outdoor painting projects. You can add the right amount of color and increase your curb appeal in just one weekend, leaving you the rest of the season to enjoy the finished product.
LOS ANGELES (AP) - Homes in some stage of the foreclosure process saw their share of overall U.S. home sales grow in the first quarter even as sales of bank-owned homes fell.
WASHINGTON (AP) - Congress has given itself two more months to come up with long-term solutions for the debt-burdened federal program that provides insurance for homes and businesses in areas subject to flooding.
DEAR BENNY: You frequently write about the stepped-up basis when a property is inherited. In today's market, however, you may find the reverse situation.
Wood is one of the oldest building materials we know, and one of the most beloved. It's a love affair that has lasted - like hardwood itself - through the centuries, from the log cabins of earliest America into the early 21st century.
Window boxes overflowing with blooms, decorative pots lining the driveway with striking colors, and even a flowering vine climbing up the mailbox - the growing season have arrived, and it is time to decorate the landscape.
Homes that qualify for FHA mortgages are in high demand.
Mid-century modern inspiration draws from the 1940s through the 1960s, a twenty-year span when design was sleek, elegant and functional. Although the style originated more than 70 years ago, this trend has resurfaced with a fresh revival.
Efficiency is the name of the game these days. At the office it comes into play in processing work quickly and at a lower cost. At home, efficiency means being able to get the household and landscaping chores done so you can spend time with the family.
When choosing a focal point for a room, designers and homeowners alike often plan for a single feature - windows, TVs, artwork, or fireplaces - to take center stage. However, the explosion of flat screen TVs for every room in the home has created a debate - can you really have more than one focal point?
You've probably heard the saying: "Your home is your castle." But if your current home - or the home you're thinking of buying -feels more like the servant's quarters than the royal palace, you may need to plan a renovation. At times like these it's easy to give in to your excitement and get the project moving forward, but take a moment to plan your overall strategy. You'll find that, much like your future castle, your renovation project will benefit from a solid foundation.
WASHINGTON (AP) - Average U.S. long-term mortgage rates were stable to slightly higher this week, remaining near their lows for the year.
LOS ANGELES (AP) - The rebound in U.S. home values over the past couple of years has placed many homeowners in a better position to sell their home for a profit.
WASHINGTON (AP) - Sales of previously owned homes rose for a third straight month in June, pushing activity to the highest level in eight months and providing evidence that housing is regaining lost momentum.
Ah, the good old days before Proposition 13.
LOS ANGELES (AP) - These homes are set apart by their amenities - for dogs.
Whether you're beautifying your landscape with a lawn mower and hedge trimmer or using a chain saw to clear space for that deck you've always dreamed of, it's important to take proper care when using outdoor power equipment. Safety measures help protect both the equipment and the people using it.
It's the perfect time to think green.
Your kitchen doesn't need a Matterhorn vista to stay on top of the latest "chalet chic" design trend. It's easier than you think to get this style by mixing rustic pieces with modern touches.
Summer is the ideal time to host events at home with family and friends. But is your home ready for summer soirees? The kitchen is the heart of the home and where people naturally congregate, so it's important it showcases your signature style and reflects the relaxed feeling of the summer season.
WASHINGTON (AP) - Would-be home sellers across the country are grappling with a once-in-a-lifetime problem: They have mortgage rates so absurdly low it would hurt them financially to sell.