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Archive By Section - HOME SCENE


Average rate on 30-year loan dips to 3.39 percent

WASHINGTON (AP) - The average U.S. rate on a 30-year fixed mortgage slipped this week and stayed near its record low, a trend that's helped boost home sales and refinancing.

November 01, 2012 | | HOME SCENE


Refinance misstep forfeits low HELOC rate

DEAR BENNY: A mortgage broker advised us several years ago to split our mortgage into a $400,000 mortgage and a $100,000 line of credit (we had $300,000 total available on the HELOC). A few months ago, we refinanced our $400,000 mortgage with our current lender. (Our house is assessed at $900,000.) We asked our lender if we could refinance our mortgage up to $500,000, pay down the $100,000 drawn on the HELOC, but still keep the HELOC with the HELOC lender open, and our lender said "yes."

November 01, 2012 | By BENNY L. KASS Inman News | HOME SCENE


Broker: Wright-designed Ariz. home to be preserved

PHOENIX (AP) - A Frank Lloyd Wright-designed Phoenix home that had been slated for demolition will apparently survive under a new owner.

November 01, 2012 | | HOME SCENE


US builders boost September spending by 0.6 percent

WASHINGTON (AP) - U.S. builders spent more on home construction in September, a gain that helped offset weakness in nonresidential building and government projects.

November 01, 2012 | | HOME SCENE


Nick-of-time tips to make your home holiday ready

As you prepare to celebrate the holidays, welcoming loved ones into your home is a highlight of the festivities. You may eagerly look forward to gathering with family and friends, but is your house holiday and houseguest ready?

November 01, 2012 | | HOME SCENE


Selecting a trustworthy mover is the first step in avoiding headaches

Americans are on the move. The United States Census Bureau estimates that 12.5 percent of Americans - nearly 40 million people - changed residences each of the past two years. While many turned to moving professionals for assistance, some learned the hard way that not all moving companies are created equally. In fact, the Federal Motor Carrier Safety Administration (FMCSA) received nearly 3,000 complaints about moving companies last year alone - a double-digit increase from the prior year.

November 01, 2012 | | HOME SCENE


Sales contracts to buy homes rose last month

WASHINGTON (AP) - The number of Americans who signed contracts to buy homes rose only slightly, suggesting sales may level off in the coming months after solid gains in the past year.

November 01, 2012 | | HOME SCENE


Sales contracts to buy homes rose last month

WASHINGTON (AP) - The number of Americans who signed contracts to buy homes rose only slightly, suggesting sales may level off in the coming months after solid gains in the past year.

October 25, 2012 | | HOME SCENE


Must I compensate my agent if I don’t buy?

DEAR BENNY: Could you advise me of the appropriate (and legal) way to compensate the buyer's agent we used for our unsuccessful house hunt?

October 25, 2012 | By BENNY L. KASS Inman News | HOME SCENE


New home sales hit in 2½ year high

WASHINGTON (AP) - U.S. sales of new homes jumped last month to the highest level in more than two years, further evidence of a sustained housing recovery that could help lift the lackluster economy.

October 25, 2012 | | HOME SCENE


Mobility & home accessibility

Driven by a growing senior population, soldiers returning home injured from war and the ongoing obesity epidemic, mobility and home accessibility issues are becoming more commonplace in America. In response, companies today are creating innovative home solutions that focus on both improved form and function, and serve to create welcome alternatives to traditional solutions for homeowners with mobility and home access challenges.

October 25, 2012 | | HOME SCENE


Sacramento pockets cash from settlement for housing help

The State of California has benefited handsomely from the misery of those in the Golden State who lost their homes in the foreclosure crisis.

October 19, 2012 | Dennis Wyatt | HOME SCENE


Color tips from the pros: How to bring bold hues into kitchen, bath

Why is it that some people can do daring things with color in their living rooms or bedrooms, but stick with the strongholds of beige and white in their kitchens and baths? As bright hues are surfacing in kitchen and bath design trends, existing oft-neutral palettes make it easy to introduce bold splashes.

October 18, 2012 | | HOME SCENE


Understand options when it comes to reverse mortgages

If you know a senior homeowner who is running out of money, a reverse mortgage might generate enough cash to allow them to stay in their home for many more years. Last fall, the Federal Housing Administration created new rules, and opportunities, for lower-cost reverse mortgages. Now that most lenders have launched these new products, it's worth an updated look.

October 18, 2012 | By TERRY SAVAGE Financial Advisor | HOME SCENE


Bank of America says housing has 'begun to turn'

NEW YORK (AP) - For banks, mortgage-making kept profits humming before the financial crisis, then blackened reputations and stamped out earnings when the crisis hit.

October 18, 2012 | | 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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