DEAR BENNY: I am the owner of a house that has flooded repeatedly over the past eight years. It is paid off. I want to pull the equity out of the property and walk away from it. How do I best approach this task? I have considerable cash assets that I do not want to put at risk.
WASHINGTON (AP) - Sales of new homes in the United States rose 3.6 percent in July to match a two-year high reached in May, the latest sign of a steady recovery in the housing market.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages have risen for a fourth straight week, remaining slightly above record lows. Cheap mortgages have helped fuel a modest housing recovery this year.
NEW YORK (AP) - Trulia Inc., which operates the real estate website Trulia.com, on Friday filed for an initial public offering that could raise up to $75 million.
Feeling uninspired in your space? Updating the decor in your home is an easy way to add more color, style and personality to rejuvenate your residence. Whether you're making a few updates, like new artwork or wall colors, or renovating an entire room with a completely new look, decorating should be fun, not stressful. With a few simple tips, you can up the design ante in your home without breaking the bank.
San Jose existing home resale prices at the close of escrow were up 7.3 percent in April, May, and June compared to the same quarter in 2011.
Move-up buyers are once again providing muscle to the new home market in Manteca.
More and more households have extended family living together under one roof, and the tight fit has some families in the market for a larger home.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages ticked up for the third straight week, staying slightly above record lows. Cheap mortgages have helped fuel a modest housing recovery this year.
WASHINGTON (AP) - New federal rules proposed Wednesday would require all high-risk mortgage lenders to obtain property appraisals for the first time.
WASHINGTON (AP) - The government's consumer lending watchdog proposed new rules aimed at protecting homeowners from unexpected costs and shoddy service by companies that collect their monthly mortgage payments.
DEAR BENNY: I owe $13,000 on my home and would like to pay it off. My son thinks there is some legality that protects a homeowner when the bank still holds the mortgage. Is this correct? Any information would be greatly appreciated. --Carol
SAN DIEGO (AP) - The median price of a home in California approached a four-year high in July as buyers snapped up more expensive properties and foreclosed houses made up a smaller part of the sales mix, a research firm said Wednesday.
LOS ANGELES (AP) - U.S. homebuilders grew more confident in the housing recovery in August, as many reported that prospects for sales are the best they've been since the home bubble burst five years ago.
For many years, creating family-friendly spaces meant sacrificing your design aesthetic. Thankfully, gone are the days when having children meant succumbing to a house full of bright-yellow bins and sofas wrapped in plastic. Today, new materials and technologies make it easy to create a beautiful, well-designed home that meets the needs of adults and children alike. The following tips may help you design a living space that satisfies your design goals and meets the demands of your youngest family members.
NEW YORK (AP) - MetLife's home lending unit will pay $123.5 million to end an investigation into allegations it gave government-backed mortgages to people who didn't meet federal requirements.
So, you've decided to make some updates to your home? Whether you plan on building a home from the ground up, purchasing new construction or adding value to your current residence, there are many opportunities for upgrades.
Inspired by neighbors, home improvement shows and social media channels like Pinterest and Houzz, today's homeowners are entering the deck planning and building process more informed than ever before. But sorting through this wealth of information and inspiration can make it hard to decipher what's really hot for today's outdoor spaces – and to choose what's right for your home.
Want to infuse your home with architectural interest? Start at the top.
WASHINGTON (AP) - The number of Americans signing contracts to buy homes rose at a healthy pace in January, a sign that home sales are poised to accelerate after a slow start to the year.
WASHINGTON (AP) - Average long-term U.S. mortgage rates have edged up for a third straight week while remaining near their historically low levels reached in May 2013.
WASHINGTON (AP) - Sales of new U.S. homes were basically flat in January, evidence that recent job gains and relatively low mortgage rates have yet to spur the real estate market.
To satisfy homeowners seeking to add a signature style to their indoor living spaces, more and more design professionals and builders are going back to basics and rediscovering the versatility, durability and good looks of cypress.
WASHINGTON (AP) - U.S. home sales struck a snow drift in January, plunging to the slowest pace in nine months.
For the first time in six years, Energy Star certification, a standard seal of approval for energy efficiency, has been expanded to include another major household appliance.
Some 37 million residential water heaters gave up the ghost and were replaced over the past five years, according to estimates by the U.S. Department of Energy. While some things get better with age, water heaters aren't among them. In fact, the average life expectancy for a new water heater is 10 to 15 years, with the occasional stoic dinosaur making it two decades or more.
The kitchen is the heart of the home and a top-selling feature with homebuyers. Does yours convey style and functionality? Whether you've just completed a remodel or you're looking for ways to upgrade your existing kitchen, a tile backsplash will instantly transform the space into an eye-catching masterpiece.
A remodeling project is one of the most invigorating lifestyle changes a homeowner can make. However, trusting a contractor with both your home and your money can feel overwhelming. Spare your time, money and sanity by following these steps for choosing the best remodeling contractor:
Every year the Central Valley Association of Realtors recognizes members who have gone above and beyond in the real estate profession and community service. This year CVAR named two recipients as Realtor of the Year - Shelly Bell and Larry Rumbeck - and as Affiliate of the Year, the honor goes to Taylor Phillips.
WASHINGTON (AP) - Average long-term U.S. mortgage rates have risen for a second straight week yet remained near historically low levels.