For those considering buying a home, the current real estate market presents some unique opportunities. One of the side effects of the economic roller coaster ride of the past few years is that home prices have gone down and more homes have gone on the market. For buyers, that means more choices and better deals. However, those same tumultuous years also can also teach buyers a lesson: Make smart buying decisions and be wise with your finances.
Now, more than ever, homeowners are adding to the value and comfort of their homes by renovating bathrooms into private retreats with luxurious touches that rival those of an upscale spa or resort.
WASHINGTON (AP) - A surge in homebuilding pushed U.S. construction spending up by the largest amount in five months, the latest indication that the housing sector is slowly recovering.
WASHINGTON (AP) - Fixed U.S. mortgage rates fell again to new record lows, providing prospective buyers with more incentive to brave a modestly recovering housing market.
DEAR BENNY: My mother and her boyfriend lived together for 18 years. He owned the house by himself. He has two surviving adult children. He always told me he wanted my mom to have everything. He did not have a close relationship to his children.
The newest interior design trends are invoking a playful vibe into rooms by mixing and matching different styles for an eclectic, fun look. According to "ELLE Decor," home decorating is shifting toward a more theatrical and eclectic decorating style highlighting richer colors, layers of textures and patterns and a fusion of time periods, styles and atmosphere.
Spend $235,000 today to buy a home in Manteca and you can get a new home of about 1,500 square feet with the latest built-in energy efficiencies.
WASHINGTON (AP) - For the first time in a century, most of America's largest cities are growing at a faster rate than their surrounding suburbs as young adults seeking a foothold in the weak job market shun home-buying and stay put in bustling urban centers.
Keeping your home beautiful, organized and running smoothly is a never-ending task. The chores from the kitchen unfold into the dining room, which spills into the living room, the bedrooms, bathrooms, laundry room and beyond. Once you've added it all up, the amount of time and energy you spend on housework - day to day and year to year - is staggering.
WASHINGTON (AP) - Americans signed more contracts to buy previously occupied homes in May, matching the fastest pace in two years. The increase suggests home sales will rise this summer and the modest housing recovery will continue.
DEAR BENNY: I have a question regarding a refinance. We had several unsuccessful attempts with two mortgage brokers because our house is located in a risky ZIP code and the appraiser said that he was unable to get two comps to complete the deal. Finally, we found another bank who said "no problem" right off the bat.
In the current economy, homeowners want to improve their home's exterior while saving time, labor and money. You can enhance your lifestyle by choosing options that extend product performance and add beauty and enjoyment to outdoor living.
WASHINGTON (AP) - U.S. builders started work on more single-family homes in May and requested the most permits to build homes and apartments in three and a half years. The increase suggests the housing market is slowly recovering even as other areas of the economy have weakened.
Termites live to eat. Their hunger causes $5 billion worth of damage each year in the U.S., damage most homeowner's insurance doesn't cover. In fact, a colony can devour a foot of 2-by-4 wood in only six months. And since termites are masters at going undetected, they can destroy entire support beams before you discover their presence. That's why it's so important to know what to look for.
WASHINGTON (AP) - Americans bought fewer homes in May than April, suggesting a sluggish job market could threaten a modest recovery in housing.
You only get one chance to make a first impression and that first statement for your home begins with your front door. Fortunately, there are a few simple projects to help welcome your family and friends into your home with style.
SAN FRANCISCO (AP) - Almost no one is moving to San Francisco to save money.
SAN DIEGO (AP) - California home prices reached fresh seven-year-highs in March, a research firm said Friday, helping sales rebound from a two-month slide as some homeowners put their property on the market to reap gains.
WASHINGTON (AP) - Average long-term U.S. mortgage rates are down slightly this week and remain near historic lows.
Dearest Real Estate Boys; My spouse and I are considering listing our house and purchasing another one just because we can. We do love our present home but just feel at our age we need a change. It may sound silly but we've had the same walls and landscape for 20 plus years and we just want to look at something different. The question we have is while we are just considering this move we feel it may be prudent to wait for 6 or 9 months before we forge ahead. So, that's the question. Do say "Happy ...
Q: I read your column and you seem to be really great at helping people with their issues, so I am taking a long shot and asking for your advice as well.
When considering a home renovation, think outside the box for design inspiration and setting the overall tone.
WASHINGTON (AP) - U.S. home sales bloomed in March after a brutal winter, a sign of possible newfound momentum for housing.
NEW YORK (AP) - The Justice Department is suing Quicken Loans, saying the lender approved hundreds of mortgage loans that didn't meet federal standards, leaving the government stuck with the bill when borrowers defaulted.
Storage has style? Really? Of course it does. And when it comes to tackling storage projects, don't skimp on creating the style that best suits your personality.
Once school lets out, it's a great time to make updates to kids' rooms. Not only does it let children personalize their own space with decor that reflects their growing personality, it's a great way to keep them busy with all that extra time to burn.
LOS ANGELES (AP) - Living in an apartment? Expect your rent to go up again.
It's a sobering truth of real estate that sellers often have to spend money to make money. Even if your home is relatively new, you still face costs associated with getting it ready to show, such as repainting interior rooms or hiring professional cleaners and stagers. If your home could use some TLC and updating, spending as little as $5,000 on key upgrades could improve its appeal for buyers - and ensure a speedier sale at a better price.
Every new year brings along new design trends, with homeowners often feeling the pressure to mix up their kitchen interiors to keep things current. But the truth is, when embarking on any renovation project, incorporating more timeless (and less trendy) assets will save both time and money in the long run. This ensures any kitchen styling stays current and "fits in" no matter which way the design pendulum swings.
Rising prices and a dearth of homes for sale in many markets have made it harder for many looking to buy their first home.