Is owning a home really worth it?
SAN DIEGO (AP) - Home sales rose sharply in California last month as investors snapped up the lowest-priced properties, often paying cash, a research firm reported Thursday. Prices continued to fall.
Purchasing a home can be the most rewarding - and also the most frustrating - financial transaction of your life. Especially today, when the news is filled with stories about the great market conditions for buyers. One aspect of the home buying process that's often overlooked is the extra cost that interest from a home loan adds to the total price of the home.
WASHINGTON (AP) - A federal court has frozen assets at five California companies that are being investigated for trying to scam U.S. homeowners facing foreclosure.
WASHINGTON (AP) - U.S. builders are betting that the housing market is finally on the path back to health.
WASHINGTON (AP) - U.S. home sales are gradually coming back. A mild winter and a stronger job market have helped boost sales ahead of the crucial spring buying season.
WASHINGTON (AP) - The Federal Reserve said Monday that it plans to fine eight additional U.S. bank holding companies for improperly foreclosing on homeowners.
WASHINGTON (AP) - The average U.S. rate on a 30-year fixed mortgage rose above 4 percent for the first time in five months. The sharp increase suggests the window to buy or refinance a home at historically low rates is closing.
By now you have probably seen at least one AT&T commercial that talks about how fast their phone service is and how they use the expression "That's so 42 seconds ago"...Well that is pretty much the same thing that can be said for mortgage rates. Any advertising you see this week about rates is going to be off by more than ¼% because those ads per place more than a week ago.
DEAR BENNY: I own two properties and would like to sell my current residence to my daughter and her husband, and move into the other. Its assessed tax value is about $150,000, but I'd like to sell it to them for about $200,000 interest-free. Both my houses are paid off so I don't need any down payment from them.
There's no doubt that we're a connected society - and connected like never before through email, social networks, video conference technology, instant messaging, smart phones, the list goes on. While this influx in connectivity has made it easier to do business, it has also blurred the lines between work and home life, resulting with many of us working in our homes at least a few hours each week. If your kitchen countertop has become your go-to place for paying bills, responding to emails and conducting business, it may be time to consider adding a dedicated office space in your ...
Spring is here, which means one thing: it's time to get your home in tip-top shape. By completing a few easy tasks, you can spend more time soaking up the sun and less time on interior projects. Here are five ways to spruce up your home this spring to prepare for a relaxing summer - and give your home that "spring cleaning" feel without spending the entire spring, well, cleaning.
LOS ANGELES (AP) - Foreclosure activity surged last month across about half of the nation's states, as banks tackled a backlog of homes with mortgages that had gone unpaid yet remained in limbo due to delays stemming from foreclosure-abuse claims.
JONESBORO, Ark. (AP) - Single mother Melissa Davis used to live in public housing but dreamed of owning her own home.
WASHINGTON (AP) - The average rate in the U.S. on the 30-year fixed mortgage hovered near historic lows this week, making home-buying and refinancing more attractive to those who can qualify.
Here's a trend that might catch you off-guard: Upwards of one in six new homebuyers in Manteca are single.
When you add a tile or natural stone surface to the kitchen or bathroom, it transforms each space with a fresh, clean and customized look. Many homeowners often dream about adding a backsplash or replacing a floor, but never complete the project because they can't decide on the right look, become mentally exhausted by the thought of doing the project or don't know how to accomplish it themselves.
You love the days when you can go home from work, open the windows and enjoy dinner out on the deck. And it sure isn't hard to rise early on those sunny weekend days to spend all day in the backyard. Those days are here, and it's time to get outside to spend time with the grill, the garden and the deck.
The United States is a country of renovators and remodelers, judging from the steady growth of home improvement projects across the nation in recent years.
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.
WASHINGTON (AP) - More Americans signed contracts to buy homes in July, a sign that buying has improved as mortgage rates have slipped, the number of listings has risen and the rate of price increases has slowed.
Organizing the garage may be one of the most feared tasks in household history. According to a recent Gladiator GarageWorks survey, nearly three out of four households can only park one car in their two-car garage, illustrating the need for a serious garage intervention.
WASHINGTON (AP) - The average 30-year U.S. mortgage rate remained at a 52-week low of 4.10 this week.
WASHINGTON (AP) - U.S. home prices increased at a slower pace in June - a cooldown that could continue for several more months.
Add quality and comfort to your favorite rooms
The under $230,000 market when it comes to nicer resale homes is almost history once again in Manteca.
Small yards, city dwelling or soil that's sandy, rocky or full of clay - it seems no obstacles can keep Americans from the joys of gardening. More than 78 million U.S. households grow gardens, according to the Garden Writers Association Foundation, and many of them don't have optimal conditions to plant their gardens in the ground. When space constraints or soil conditions make traditional gardens impossible or inconvenient, gardeners turn to raised beds and planter boxes to grow the vegetables, herbs and flowers they crave.
Remember when brass fixtures and mauve countertops were all the rage in kitchen design? How about the days of shag carpet (yes, in the bathroom) and avocado tile? Fortunately, those particular trends have come and gone. And, whether you embraced them or not, they did have an influence on the space you live in right now. Take a look through the decades to see how decor styles have evolved into the modern kitchens and bathrooms of today.
Home improvement season is in full swing, and homeowners across the country are deciding which projects to tackle this year. By taking a strategic approach to selecting home improvements, you can go beyond adding value to your property - you can also boost your comfort and safety as well.
WASHINGTON (AP) - A fourth straight monthly increase in sales of existing homes provided the latest evidence Thursday that the U.S. housing market is rebounding from a weak start to the year.