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Archive By Section - HOME SCENE


Rate on 30-year loan rises to 3.71%

WASHINGTON (AP) - Average rates on fixed mortgages rose this week, the first increase in seven weeks. But mortgage rates remain near historic lows, boosting prospects for home sales this year.

June 16, 2012 | | HOME SCENE


Selling a Starker exchange property

DEAR BENNY: We own a small single-family home (800 square feet) located on the property adjacent to our primary home. We purchased it using a Starker exchange about 15 years ago. We stopped renting it out eight years ago, when the mortgage was paid off. We now use it as an extension of our primary home, with the living room as a game room, garage and basement as storage, one bedroom as an office, and the other as a guest bedroom.

June 16, 2012 | Benny L. Kass Attorney | HOME SCENE


Exploring what makes your garden grow

When school lets out for summer, exchange those flip flops for gardening shoes. Add a pair of gloves, good sun-block and get out into the garden.

June 16, 2012 | | HOME SCENE


Easy kitchen updates that won’t break the bank & are simple to do

It goes without saying that the kitchen is one of the hardest-working rooms in the home. For most, it's the heart of family life and usually the one room where everyone gathers together. With so much hustle and bustle, it's no wonder that the kitchen runs the risk of looking overworked.

June 16, 2012 | | HOME SCENE


What lies beneath your dream home?

It's moving season. In a buyer-friendly market, home shoppers can be pretty particular in their search for a dream home. Increasingly, buyers are seeking flawless, move-in ready homes, and while traditional home inspections are a must-have, something equally important lurking beneath homes often goes overlooked.

June 16, 2012 | | HOME SCENE


May sees pickup in homes facing risk of foreclosure

LOS ANGELES (AP) - Lenders initiated foreclosure proceedings against more U.S. homeowners in May, setting the stage for increases in home repossessions and short sales - scenarios that could further weigh down home values in coming months.

June 16, 2012 | | HOME SCENE


Single-family homes are in a number of cases no longer that

Think American Dream and images of owning a single-family home pop up.

June 08, 2012 | Dennis Wyatt | HOME SCENE


The heat is on outside, keep cool inside

As summer heats up, air conditioning bills can rapidly rise. As homeowners feel the heat, many are looking for ways to save and stay cool.

June 07, 2012 | | HOME SCENE


Tabletop gardens are edible centerpieces

With spring arriving earlier this season, gardeners across the country are inspired to plant now. Daydreams of fresh produce used in delicious sauces, salads and stir fries have many drawing garden plot plans and even starting seeds for future transplanting. Tabletop gardens are a fun and decorative way to expand into new planting opportunities.

June 07, 2012 | | HOME SCENE


Buying a foreclosure or short sale with confidence

Buyers are still clamoring for real estate deals in this turbulent market. Foreclosures and short sales offer some of the best bargains, but also have a higher risk level. Still, more than four in five adults think foreclosures and short sales can be good deals, according to a recent American Society of Home Inspectors (ASHI) survey.

June 07, 2012 | | HOME SCENE


Big design ideas for small kitchen spaces

Bigger isn't always better in the real estate world, and what's more, it's not always possible. With more baby boomers downsizing from McMansions to smaller, more manageable houses, and a growing number of people opting to rent rather than buy, many families are looking for new ways to decorate, design and work with smaller spaces.

June 07, 2012 | | HOME SCENE


Fannie Mae names Mayopoulos as new CEO

WASHINGTON (AP) - Timothy Mayopoulos, the general counsel of Fannie Mae, will be the next CEO of the government-controlled mortgage giant.

June 07, 2012 | | HOME SCENE


30-year mortgage drops to record-low 3.67%

WASHINGTON (AP) - Average U.S. rates on 30-year and 15-year fixed mortgages this week fell to fresh record lows for the sixth straight week. Cheap mortgages continue to help boost prospects for home sales this year.

June 07, 2012 | | HOME SCENE


Dangers of downsizing to cut debt

DEAR BENNY: I am 58 years old and married. My total household income is less than $50,000. I have no mortgage; however, I do have a line of credit with $130,000 owed.

June 07, 2012 | By BENNY L. KASS Inman News | HOME SCENE


Top kitchen upgrades

Nowhere else in the home must design and function marry as harmoniously as in the kitchen. The most-used room in the house is also the one where we spend the most work and leisure time, the one that gets the most scrutiny from potential buyers and the spot where most renovation dollars get spent.

June 07, 2012 | | HOME SCENE


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