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Archive By Section - HOME SCENE


Must I compensate my agent if I don’t buy?

DEAR BENNY: Could you advise me of the appropriate (and legal) way to compensate the buyer's agent we used for our unsuccessful house hunt?

October 25, 2012 | By BENNY L. KASS Inman News | HOME SCENE


New home sales hit in 2½ year high

WASHINGTON (AP) - U.S. sales of new homes jumped last month to the highest level in more than two years, further evidence of a sustained housing recovery that could help lift the lackluster economy.

October 25, 2012 | | HOME SCENE


Mobility & home accessibility

Driven by a growing senior population, soldiers returning home injured from war and the ongoing obesity epidemic, mobility and home accessibility issues are becoming more commonplace in America. In response, companies today are creating innovative home solutions that focus on both improved form and function, and serve to create welcome alternatives to traditional solutions for homeowners with mobility and home access challenges.

October 25, 2012 | | HOME SCENE


Sacramento pockets cash from settlement for housing help

The State of California has benefited handsomely from the misery of those in the Golden State who lost their homes in the foreclosure crisis.

October 19, 2012 | Dennis Wyatt | HOME SCENE


Color tips from the pros: How to bring bold hues into kitchen, bath

Why is it that some people can do daring things with color in their living rooms or bedrooms, but stick with the strongholds of beige and white in their kitchens and baths? As bright hues are surfacing in kitchen and bath design trends, existing oft-neutral palettes make it easy to introduce bold splashes.

October 18, 2012 | | HOME SCENE


Understand options when it comes to reverse mortgages

If you know a senior homeowner who is running out of money, a reverse mortgage might generate enough cash to allow them to stay in their home for many more years. Last fall, the Federal Housing Administration created new rules, and opportunities, for lower-cost reverse mortgages. Now that most lenders have launched these new products, it's worth an updated look.

October 18, 2012 | By TERRY SAVAGE Financial Advisor | HOME SCENE


Bank of America says housing has 'begun to turn'

NEW YORK (AP) - For banks, mortgage-making kept profits humming before the financial crisis, then blackened reputations and stamped out earnings when the crisis hit.

October 18, 2012 | | HOME SCENE


California foreclosure notices fall to 5-year low

SAN DIEGO (AP) - Home foreclosure activity in California fell to a new five-year low in the third quarter as rising prices eased pressure on homeowners and lenders, a research firm said Wednesday.

October 18, 2012 | | HOME SCENE


What’s so great about having a mortgage?

DEAR BENNY: For the life of me I cannot fathom why all real estate people insist borrowers keep a mortgage going. My husband and I bought our house and paid it off in five years. Now, instead of getting a deduction off our taxes, we have our paychecks free and clear. I cannot see how paying $1,000 a month for 30 years would have been better. With that money in pocket we amassed nearly $1 million in savings. Here is what it allowed us to do:

October 18, 2012 | By BENNY L. KASS Inman News | HOME SCENE


Rate on 30-year fixed mortgage near record low

WASHINGTON (AP) - The average U.S. rate on a 30-year fixed mortgage has fallen to near its record low set earlier this month.

October 18, 2012 | | HOME SCENE


Homebuilder confidence at 6-year high as buyers pickup at subdivisions

LOS ANGELES (AP) - Confidence among U.S. homebuilders remains at its highest level in six years, reflecting improved optimism over the strengthening housing market this year and a pickup in visits by prospective buyers to builders' communities.

October 18, 2012 | | HOME SCENE


Injury-prevention tips for do-it-yourselfers

When you finally tackle that home improvement project you've been planning for a while, you're probably eager to get the job done quickly, well and on-budget. Injuries can delay your project, and cost money for medical expenses or even time lost from your job. It's important to take steps to prevent injury.

October 18, 2012 | | HOME SCENE


Eight ways to improve your home's energy efficiency through lighting

It's easy to instantly trim your energy consumption and boost the eco-friendliness of your home. The key to easy energy savings is lighting. Though for many homeowners and renters, knowing how and what to do to improve their home's lighting energy efficiency can be confusing.

October 18, 2012 | | HOME SCENE


Will gas prices fuel further drops in home prices?

Gas prices - which appear to be heading toward $5 a gallon -may be a wild card in the Manteca housing market recovery but not in the way you might think.

October 12, 2012 | Dennis Wyatt | HOME SCENE


Revamp pantry to avoid waste, save money

For a basic green living project with benefits to your wallet and the environment, consider revamping the kitchen pantry. The cupboard is the starting point for most kitchen activity and is more than just a storage space. Develop good buying habits and build a strong foundation and you can avoid the waste of food and money. Here's how to tackle the task at once or little by little.

October 11, 2012 | | HOME SCENE


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Articles by Section - HOME SCENE


THE BIG SQUEEZE

LOS ANGELES (AP) - Living in an apartment? Expect your rent to go up again.

April 17, 2015 | | HOME SCENE


5 upgrades for under $5,000 to lure buyers

It's a sobering truth of real estate that sellers often have to spend money to make money. Even if your home is relatively new, you still face costs associated with getting it ready to show, such as repainting interior rooms or hiring professional cleaners and stagers. If your home could use some TLC and updating, spending as little as $5,000 on key upgrades could improve its appeal for buyers - and ensure a speedier sale at a better price.

April 17, 2015 | | HOME SCENE


Demystifying 2015 kitchen design trends

Every new year brings along new design trends, with homeowners often feeling the pressure to mix up their kitchen interiors to keep things current. But the truth is, when embarking on any renovation project, incorporating more timeless (and less trendy) assets will save both time and money in the long run. This ensures any kitchen styling stays current and "fits in" no matter which way the design pendulum swings.

April 17, 2015 | | HOME SCENE


Tips for parents considering helping their child buy a home

Rising prices and a dearth of homes for sale in many markets have made it harder for many looking to buy their first home.

April 17, 2015 | ALEX VEIGA AP Business Writer | HOME SCENE


House approves legislation to ease rules on home loans

WASHINGTON (AP) - The House on Tuesday overwhelmingly adopted legislation to ease some mortgage lending requirements of the sweeping 2010 law reining in banks and Wall Street as the Republican majority continues its assault on the so-called Dodd-Frank law enacted after the financial crisis.

April 17, 2015 | | HOME SCENE


California home prices reach new 7-year high, sales rebound

SAN DIEGO (AP) - California home prices reached fresh seven-year-highs in March, a research firm said Friday, helping sales rebound from a two-month slide as some homeowners put their property on the market to reap gains.

April 17, 2015 | | HOME SCENE


OAKWOOD SHORES

Oakwood Shores is not just among a handful of neighborhoods surrounding private lakes in the Northern San Joaquin Valley but it has another feature that few of those have - a gated community with 24-hour security patrols.

April 10, 2015 | Dennis Wyatt | HOME SCENE


Your perfect State of home Organization

Life gets busy and clutter has a way of sneaking up on everyone. It may be all those shoes, the lack of space or the fact that you have absolutely no time - there are many reasons for the mess. But, whether you're a single person living in an apartment or have a large family in a sprawling house, everyone can benefit from more organization. By simply thinking about storage differently and coming up with a smart organizational system that works for you, you'll be on the way to creating a well-balanced, happier home.

April 10, 2015 | | HOME SCENE


Five projects to help redo your basement

Have you ever wished you had more space in your home? Maybe you'd use the space to pursue a hobby, host out-of-town guests or just spread out and get some quiet time to yourself. The space you desire could already be in your home in your basement. If your cellar is nothing but a series of unfinished areas used for storage, you're not getting all the benefits you could be from the space.

April 10, 2015 | | HOME SCENE


TRID could delay closing of escrow

LOS GATOS (AP) - Members of the real estate industry are getting ready for a new regulation scheduled to take effect this summer that requires changes to the traditional mortgage loan acquisition process. The upcoming TILA-RESPA Integrated Disclosure rule takes effect Aug. 1 and, if not understood by all parties involved, could delay the closing of escrow. Issued by the Consumer Financial Protection Bureau, TRID combines the mortgage disclosure established by the Truth-in-Lending Act and the Real Estate Settlement Procedures Act into one single rule. However, according to a lender panel at a Silicon Valley Association of Realtors meeting, the move ...

April 10, 2015 | | HOME SCENE


SHARED HOUSING TREND GROWS

BOWIE, Md. (AP) - In 2008, Bonnie Moore was going through a divorce. And as she was adjusting to a one-income lifestyle, the recession hit and her five-bedroom, three-bathroom home lost half its value.

April 10, 2015 | | HOME SCENE


Ripon launches effort to conserve energy & water

Ripon has launched the HERO Property Assessed Clean Energy (PACE) Program, which enables homeowners and commercial property owners to make energy- and water-efficiency improvements and pay them off through their property tax bill.

April 10, 2015 | | HOME SCENE


Latest tool for selling real estate: FaceTime

REDWOOD CITY (AP) - Real estate agent Julie Ray has come of age in the red-hot housing market. But this was a first: zooming through a $1.7 million house with her iPhone, she used its FaceTime video application to send images of the property -- including bathroom tile and a backyard lemon tree - to the prospective buyers in Switzerland.

April 10, 2015 | | HOME SCENE


30-year mortgage falls to 3.66%

WASHINGTON (AP) - Average long-term U.S. mortgage rates declined this week, approaching historically low levels with the spring home-buying season underway.

April 10, 2015 | | HOME SCENE


LIVE IN A PORSCHE?

SUNNY ISLES BEACH, Florida (AP) - The wow factor for Miami's skyscraper condos no longer comes from a dazzling Atlantic Ocean view.

April 03, 2015 | | HOME SCENE


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