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Home prices will again reach 2006 levels

If the gains of the past 12 months in housing prices throughout the 209 region occurred prior to 2006, there would be dancing in the streets.

June 27, 2013 | Dennis Wyatt | HOME SCENE


Home prices rise in April by most in 7 years

WASHINGTON (AP) - U.S. home prices jumped 12.1 percent in April from a year ago, the most since March 2006. More buyers and a limited supply of available homes have lifted prices in most cities across the country, a sign of a broad-based housing recovery.

June 27, 2013 | | HOME SCENE


Mortgage rates jump to 2-year high of 4.46% adding thousands to cost of buying home

WASHINGTON (AP) - U.S. mortgage rates have suddenly jumped from near-record lows and are adding thousands of dollars to the cost of buying a home.

June 27, 2013 | | HOME SCENE


Signed contracts for buying existing homes at 6-year high

WASHINGTON (AP) - The number of people who signed contracts to buy U.S. homes jumped in May to the highest level in more than six years, a sign home sales will probably rise in the months ahead.

June 27, 2013 | | HOME SCENE


How can lender dictate commission agreeement?

Q: I am a real estate lawyer in practice for over 36 years and in the last three months encountered a new situation for which I find troubling. Both closings I conducted were lot purchases as part of a construction/perm loan. In both cases the realtors were to split a 10% commission. The lenders were not the same. The lenders, citing a fed regulation said the commission could not exceed 8%. How can a lender dictate the commission agreed to by the seller and realtors neither of whom have any relationship with the lenders? Hal.

June 27, 2013 | | HOME SCENE


New home sales hit fastest pace in 5 years; up 2.1% from April

WASHINGTON (AP) - Sales of new homes rose in May to the fastest pace in five years, a solid gain that added to signs of a steadily improving housing market.

June 27, 2013 | | HOME SCENE


What’s the deal with ‘Coming Soon’ signs?

Boys: And I start with just 'boys' to see if you both are men enough to put my letter in print. Here goes my question for you... I have seen over the last few years different real estate signs in front of homes that say "COMING SOON" and very often never see a real "FOR SALE" sign go up. Honestly, I very seldom, if ever, thought much about the coming soon until my husband and I recently began searching for a home to buy. We saw a coming soon sign in a neighborhood in which we have always wanted to ...

June 27, 2013 | | HOME SCENE


Improvements for multi-generational smart homes

The American family continues to evolve, with multiple generations living under the same roof in more households than any time since the Great Depression. Of America's 76 million households, 5.6 percent (4.3 million) were multi-generational as of 2011, according to the U.S. Census Bureau. Homeowners are finding it's more important than ever to ensure every home improvement project delivers benefits for every member of the family - children, parents and grandparents.

June 27, 2013 | | HOME SCENE


Cool ways to enjoy your outdoor spaces through heat of summer

When warm weather arrives, does your family head outdoors to enjoy your patio or deck? Do they then turn around and head right back into the air-conditioned comfort when summer sun and temperatures make outdoor living spaces too hot to handle?

June 20, 2013 | | HOME SCENE


30-year loan rate falls to 3.93%

WASHINGTON (AP) - U.S. mortgage rates fell for the first time in seven week, keeping the average on the 30-year fixed loan just under 4 percent. But rates are expected to surge next week, as markets respond to Chairman Ben Bernanke's comments that the Federal Reserve will likely reduce its bond purchases later this year.

June 20, 2013 | | HOME SCENE


Banks fall short in effort to help struggling owners

WASHINGTON (AP) - Homeowners trying to avoid foreclosure must wait too long for their loan modification applications to be reviewed by some of the nation's top mortgage servicers, according to a report released Wednesday. Such delays can plunge borrowers deeper in debt.

June 20, 2013 | | HOME SCENE


Banks fall short in effort to help struggling owners

WASHINGTON (AP) - Homeowners trying to avoid foreclosure must wait too long for their loan modification applications to be reviewed by some of the nation's top mortgage servicers, according to a report released Wednesday. Such delays can plunge borrowers deeper in debt.

June 20, 2013 | | HOME SCENE


Closed escrows of resale homes surpass 5M in May

WASHINGTON (AP) - U.S. sales of previously occupied homes surpassed the 5 million mark in May, the first time that's happened in 3 ½ years. The gain shows the housing recovery is strengthening.

June 20, 2013 | | HOME SCENE


Landlord insurance: What is needed?

Q: What is needed in Landlord Insurance? My husband and I have become

June 20, 2013 | | HOME SCENE


How is bond market , real estate market connected?

Real Estate Boys: In today's newspaper I read that the government is talking about not buying bonds anymore and the stock market crashes for the next two days. In the same newspaper there is talk about home loan interest rates going up. Can you Boys explain to me the correlation here? The government buying bonds, interest rates going up and the stock market going down, does the government control them? I would think that a strong stock market would mean wealth for the American investor, and then low interest means more home buyers, right? Is all this stuff really ...

June 20, 2013 | | HOME SCENE


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Articles by Section - HOME SCENE


Plan for futuristic communities opposed

SALT LAKE CITY (AP) - The utopic communities envisioned by a wealthy Mormon businessman near religious landmarks in Utah and Vermont would feature small homes clustered ...

August 25, 2016 | | HOME SCENE


Should you keep renting or buy a house?

"Ask Brianna" from NerdWallet is a Q&A column for 20-somethings, or anyone else starting out. I'm here to help you manage your money ...

August 25, 2016 | BRIANNA MCGURRAN | HOME SCENE


30-year rate unchanged at 3.43%

WASHINGTON (AP) - Long-term U.S. mortgage rates didn't budge this week, remaining at historically low levels that continue to lure prospective home buyers.

August 25, 2016 | | HOME SCENE


Bring style to your closet

Closet designer may not be a title on your resume, but deep down you may find talents you never knew existed. Whether you are laying ...

August 25, 2016 | | HOME SCENE


New-home sales climb to best level since late 2007

WASHINGTON (AP) - Americans stepped up their purchases of new homes in July to the fastest pace in nearly nine years, the latest sign that low ...

August 25, 2016 | | HOME SCENE


Sales fall amid inventory shortage

WASHINGTON (AP) - US homebuyers pulled back in July, as sales declined amid a shortage of available properties and steadily rising prices.

August 25, 2016 | | HOME SCENE


Bank goes after borrower after foreclosed house sold

Q: My home was recently foreclosed upon. The bank claimed I owed $375,000 on the day of the foreclosure, but the bank was the ...

August 25, 2016 | Benny L. Kass | HOME SCENE


Buying after a bankruptcy or a foreclosure

Hey Real Estate Boys! How goes it on this bright and cheeriest of days? There is no such thing as a bad Saturday in my ...

August 25, 2016 | Real Estate Boys | HOME SCENE


LIVING BIG

When tiny houses first became popular, they seemed to be geared towards people who were looking to shed some of the glitz and glamour of ...

August 25, 2016 | CAMILLE MOORE | HOME SCENE


Homebuilder sentiment rises in August as sales improve

NEW YORK (AP) - U.S. homebuilders are feeling more optimistic about the housing market this month, reflecting strong growth in new-home sales and prices.

August 21, 2016 | | HOME SCENE


Home construction climbed to a 6-month high in July

WASHINGTON (AP) - Apartment construction in the Northeast fueled a jump in home building in July as the pace of housing starts nationwide reached the strongest ...

August 21, 2016 | | HOME SCENE


Siblings inherit house, brother against selling

Q: My father left his house and contents to my brother and me. My brother is living in the house and for the past four ...

August 21, 2016 | Benny L. Kass | HOME SCENE


Selling homes: The art of ‘the offer’

Dear Real Estate Boys: My husband and I have a big chip on our shoulder this week. We followed your advice and have our home ...

August 21, 2016 | | HOME SCENE


1904 World’s Fair mansion up for sale

OSWEGO, Kan. (AP) - When it comes to opulence, few houses in Kansas can top the Deming Mansion.

August 21, 2016 | | HOME SCENE


California home sales fall in July amid tight supplies

A kitchen must be many things for the average family: a cooking center, social hub and, most importantly, a central command station for the entire ...

August 21, 2016 | | HOME SCENE


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