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Archive By Section - HOME SCENE


Property unsalable until recurring defect is fixed

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.

August 23, 2012 | By BENNY L. KASS Inman News | HOME SCENE


New-home sales rise to match 2-year high

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.

August 23, 2012 | | HOME SCENE


Average on 30-year US mortgage up to 3.66%

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.

August 23, 2012 | | HOME SCENE


Trulia files for $75 million initial public offering

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.

August 23, 2012 | | HOME SCENE


Painting, rugs can take rooms from ho-hum to high style look

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.

August 23, 2012 | | HOME SCENE


Replacement costs next upward driver of housing prices

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.

August 16, 2012 | Dennis Wyatt | HOME SCENE


Hot new home trends: Flex plans, multi-generation lifestyle layouts

Move-up buyers are once again providing muscle to the new home market in Manteca.

August 16, 2012 | Dennis Wyatt | HOME SCENE


Multiple generations seek larger homes

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.

August 16, 2012 | | HOME SCENE


Rate on 30-year mortgages rises for 3rd straight week

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.

August 16, 2012 | | HOME SCENE


Feds tighten appraisal rules for risky mortgages

WASHINGTON (AP) - New federal rules proposed Wednesday would require all high-risk mortgage lenders to obtain property appraisals for the first time.

August 16, 2012 | | HOME SCENE


Consumer finance agency sets mortgage protections

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.

August 16, 2012 | | HOME SCENE


Cons of early mortgage payoff

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

August 16, 2012 | By BENNY L. KASS Inman News | HOME SCENE


Median California home price jumps 12 percent in July thanks to more expensive homes selling

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.

August 16, 2012 | | HOME SCENE


Homebuilder confidence at 5-year-high

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.

August 16, 2012 | | HOME SCENE


High design for homes with kids in mind

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.

August 16, 2012 | | HOME SCENE


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Articles by Section - HOME SCENE


MetLife pays $123.5M in settlement

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.

February 27, 2015 | | HOME SCENE


Ideas to easily enhance, organize master closets

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.

February 27, 2015 | | HOME SCENE


Get inspired by outdoor living ideas for your home

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.

February 27, 2015 | | HOME SCENE


CEILINGS

Want to infuse your home with architectural interest? Start at the top.

February 27, 2015 | | HOME SCENE


Signed contracts rise to 18-month high

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.

February 27, 2015 | | HOME SCENE


Rate on 30-year mortgage rises to 3.8%

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.

February 27, 2015 | | HOME SCENE


New home sales fall slightly during January

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.

February 27, 2015 | | HOME SCENE


Add a signature style to your home

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.

February 27, 2015 | | HOME SCENE


Home sales plunge 4.9 percent in January

WASHINGTON (AP) - U.S. home sales struck a snow drift in January, plunging to the slowest pace in nine months.

February 27, 2015 | | HOME SCENE


Energy guzzlers greener

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.

February 20, 2015 | | HOME SCENE


Tips for replacing water heaters

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.

February 20, 2015 | | HOME SCENE


A stunning backsplash without the whiplash

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.

February 20, 2015 | | HOME SCENE


6 steps to select best remodeling contractor

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:

February 20, 2015 | | HOME SCENE


Central Valley group names Realtors, Affiliate of the Year

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.

February 20, 2015 | Staff reports | HOME SCENE


Rate on 30-year loans rises to 3.76%

WASHINGTON (AP) - Average long-term U.S. mortgage rates have risen for a second straight week yet remained near historically low levels.

February 20, 2015 | | HOME SCENE


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