WASHINGTON (AP) - Average U.S. rates on fixed mortgages rose this week for a second straight week but remained near historic lows.
The real estate market heats up when the weather does, and spring and summer are traditionally the most active seasons for home sales. This year, industry experts predict that home prices will continue to rise and, with mortgage rates remaining low, the spring and summer real estate season will be competitive for both buyers and sellers.
Gain a couple of pounds since 2006?
Despite record-low interest rates, monthly mortgage payments may double for more than 1 million American homeowners. That's because a decade ago they opted for "interest-only" loans or home equity lines of credit. But most of those loans were structured to reset after 10 years - at which time the loan would require payment of both principal and interest.
When spring-cleaning uncovers a worn floor it may be time to consider purchasing a new one, especially if you're selling your home in the near future. A new floor, like refreshed paint and updated fixtures, makes a home more enjoyable to live in as well as more marketable.
Give your home an energy shot this spring with bright colors and bold patterns.
From barbecues and games of bocce to parties and candlelit dinners, your outdoor space can be a hub for entertaining friends and family.
Homeowners, builders and remodelers are always looking for innovative and new ways to enhance existing spaces during home makeovers and room renovations.
Homes priced under $304,000 that are ready-to-move-in and don't require major work such as new roofs, kitchen upgrades or bathroom repairs are moving relatively briskly in Manteca.
Wood may be known for its timeless visual appeal, but there's nothing static about the way people showcase it in American homes. Designers, homeowners and DIYers are re-discovering the warmth and beauty of wood. From inventive new uses to re-interpretations of existing styles, they're finding creative ways to use wood throughout the home.
Let's face it - life is busy. And one of the byproducts of a busy life is a cluttered house. With piles of paper coming home from school and toys creating obstacle courses in the family room, parents may wonder how they'll ever take back control of the house. A few experts share their ideas for doing just that.
From genteel porches in the East to sleek, seaside balconies in the West, the popularity of outdoor living spaces is poised for significant growth from coast to coast with industry analysts predicting it will be a $5.7 billion market by 2016. Reinforcing these projections, 63 percent of architects cite an outdoor living space as the most popular "special function room" in housing construction, according to the American Institute of Architects. What's more, the Hearth, Patio & Barbecue Association reports that homebuilders list decks among the top three features most requested with new home buys.
WASHINGTON (AP) - U.S. home prices rose in March, but the gains are decelerating as fewer Americans can afford to buy.
WASHINGTON (AP) - Sales of U.S. new homes recovered in April after slumping in the previous two months. But Americans are still buying new homes at a slower pace than they did a year ago.
Horror of horrors.
How much do you spend on utilities? Are you looking for ways to save? A typical American household spends about $2,100 on energy bills each year, according to the U.S. Environmental Protection Agency (EPA). Most of that expense comes from a home's energy use during the winter heating season. But a quick home checkup can help you can reduce these costs, prepare for winter and enjoy energy savings.
WASHINGTON (AP) - Average U.S. mortgage rates tumbled this week. The 30-year loan hit its lowest level since June 2013 as Treasury bond yields marked new lows amid concern over global economic weakness.
Halloween has its fair share of iconic symbols: ghosts, witches, mummies and pumpkins, just to name a few. But if your home decor is becoming just as iconic, it may be time to change it up and take your decorating in a new direction.
SAN DIEGO (AP) - California home sales rose for the first time in a year in September, a research firm said Tuesday, as cooling prices and a strong economy encouraged buyers.
Homeowners have spent more on kitchen remodeling than any other home improvement category in the last 10 years, according to Harvard's Joint Center for Housing Studies - and there's good reason. An updated kitchen does more than boost the value of your home; whether you make just a few changes or completely renovate the entire space, a kitchen that feels new is always refreshing. From basic cooking to frequent entertaining, your dream kitchen should look good and function well.
WASHINGTON (AP) - Construction firms broke ground on more apartment complexes in September, pushing up the pace of U.S. homebuilding.
Americans are renovating again, and instead of letting resale value alone drive their renovation choices, in 2014 homeowners are weighing many more factors. They are seeking renovations that are beautiful, luxurious and eco-friendly, and that both enhance resale value and their ability to age in place should they choose not to sell down the road.
If you are a first-time homebuyer defined as someone who hasn't owned a home in the last three years you could be eligible for $6,500 in interest free down payment assistance.
WASHINGTON (AP) - Average U.S. mortgage rates fell for the third straight week, making it more affordable to borrow to buy a home.
In the U.S. alone, approximately 60 million people suffer from asthma and allergies, which according to the American Lung Association can be triggered by mold for those who are allergic. As a responsible homeowner, it's essential to be aware of the many threats, such as mold and fire, which may cause harm to your family and your investment.
Cooler temperatures are on the horizon and now is the ideal time to begin checking items off your seasonal to-do list. Complete simple projects before the harsh winter weather arrives so your home is ready to enjoy in the coming season.
WASHINGTON (AP) - U.S. home prices increased in August, yet the pace of these gains continues to slow, helping to improve affordability for would-be buyers.
Whether you're spending quality time with family or entertaining guests, few things compare to the cozy, warm and welcoming atmosphere created by a fire pit in the backyard. In fact, fire pits are among the most popular features for enhancing an outdoor living space, according to the 2014 Residential Landscape Architecture Trends Survey conducted by the American Society of Landscape Architects. Even better, with little experience and materials, you can build a fire pit in just a few hours.
The oil boom and skyrocketing housing prices west of the Altamont Pass are setting the stage for a 21st century Grapes of Wrath migration.
The tub tucked away in your home's master bathroom is so much more than a place to get clean. It's a calming refuge and therapeutic retreat after a busy, high-pressure day. Tub trends indicate that bathtubs are primarily used for soaking, while shower time is mainly for cleansing. The soaking tub has become the destination for relaxation amid today's fast-paced lifestyles.