FALLS CHURCH, Va. (AP) - Conceding his earlier housing programs have fallen short, President Barack Obama on Wednesday proposed a vast expansion of government assistance to homeowners, aiming to make lower lending rates a possibility for millions of borrowers who have not been able to get out from under burdensome mortgages.
WASHINGTON (AP) - U.S. home prices fell for a third straight month in nearly all cities tracked by a major index. The declines show that most homeowners are not reaping the benefits from some signs of an improving housing market.
WASHINGTON (AP) - Builders increased their spending in December for the fifth consecutive month, ending a weak construction year on a hopeful note.
WASHINGTON (AP) - The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed.
DEAR BENNY: We have been renting a house with an option to buy for two years now. We recently learned from mail the bank has sent that the property was listed for foreclosure. (No, we have not opened the letters addressed to the owners, but they are from the bank that holds the mortgage and they have been coming every two weeks addressed to both lien holders.) We also received a letter from an attorney indicating that the property was listed for foreclosure.
As you anticipate what exciting things this year will bring, you might notice your home decor has been left behind. Fortunately, you can easily beautify and modernize your home using hints from design experts on the hottest color trends. Don't worry that you'll need to break the bank - simply updating the shades of your walls can create the feel of an entire new home without the cost of buying one. And you'll enjoy starting the year in fresh, contemporary surroundings.
DEAR BENNY: I am selling my house and received two offers on the same day: The first offer came in first thing in the morning, and I made a counteroffer. Several hours later there was another offer. My agent informed both buyers' agents of the competing offers and shortly after was informed by buyer's agent No. 1 that his clients had accepted the counteroffer. I rejected offer No. 2, as required, and started packing.
LOS ANGELES (AP) - Foreclosures made up a smaller slice of all U.S. homes sold in last year's third quarter, as banks delayed placing properties for sale and home sales slowed.
WASHINGTON (AP) - The average rate on the 30-year fixed mortgage rose this week for the first time this month, though it remained below 4 percent for the eighth straight week.
WASHINGTON (AP) - President Barack Obama is proposing a program to allow homeowners with privately held mortgages to refinance at lower interest rates.
While the bathroom may be one of the smallest rooms in the home, it is also the area where we store a multitude of items, from cosmetics to cleaners, laundry to linens. With this in mind, it's easy for your bath to feel more like crowded, cluttered chaos than the spa sanctuary we long for it to be.
LEHIGH ACRES, Fla. (AP) - At Our Daily Bread Food Pantry, the conversation often centers on real estate. Once taboo details - home values and what people paid for their properties - are casually discussed, and there appears to be little shame in walking away from a mortgage or fighting the bank on a foreclosure.
Home sweet home. With more homeowners deciding to stay put in their homes, rather than attempting to sell in the current market, that old adage is more meaningful than ever.
To get a jump on the upcoming spring selling season, Woodside Homes has started a "40 Homes in 40 Days" sales event at communities throughout the Sacramento and Modesto regions. With a lofty goal of selling 40 homes in 40 days or less, the sales teams at all Woodside Homes communities are receiving daily updates and the authorization to do whatever they can to help homebuyers purchase a new home now.
A significant shift in consumer preference in new home purchases is the latest by-product of the still-struggling economy. The residential construction market is shrinking and so are houses.
It is arguably the hottest small parcel zoned neighborhood commercial as well as for other uses that's available in Manteca - five acres at the corner of Pillsbury Road and Woodward Avenue.
PORTOLA VALLEY -- If the architecture of Silicon Valley calls to mind the tilt-up office parks that surround its freeway exits, you might have missed Beverly Thorne's jagged, steel-framed house nestled in a cliff overlooking the South Bay.
WASHINGTON (AP) - High rents are worth it.
WASHINGTON (AP) - Average long-term U.S. mortgage rates edged slightly lower this week after rising for three straight weeks.
SAN DIEGO (AP) - California home prices climbed to a new 7 1/2-year high in April as low interest rates and job growth lured buyers, a research firm said Thursday. Sales were brisk.
Home shoppers are finding the home of their dreams in a resort like setting at Van Daele's Waterpointe at River Islands in Lathrop.
If the kitchen is the heart of your home, it would be easy to make the case that the sink is the heart of your kitchen. It's where you prepare foods, clean dirty hands and scrub dishes before the next culinary project. It's also one of the best features to update when planning a kitchen remodel, thanks to new technology and designs aimed at improving how well kitchen sinks perform.
It used to be that the man's room -or man cave- was relegated to the basement or the garage. Now homes are being designed with the man cave already in mind to give men a place to call their own.
PATTERSON - Ivy Terrace is Patterson's first gated "for sale" condominium community.
LOS ANGLES (AP) - Eager to buy your first home this spring? Already own, but want to trade up? Be warned: there'll be plenty of competition
As a kickoff to home improvement season, there are many home updates homeowners are undertaking. But before you grab your toolkit or enlist the help of a professional, do your wallet a favor, and conduct a little research.
Do you feel like your house could use more natural light to brighten and warm your favorite spaces? Patio doors offer unobstructed views that flood your home with natural light and provide convenient access to the outside.
It often starts as a blank spot on the patio, usually somewhere just outside the back door. Then come the "things" to fill the spot. There's so much to consider that it gets difficult to make a decision.
WASHINGTON (AP) - Average long-term U.S. mortgage rates are up this week to the highest level since mid-March.
Hey you Real Estate Boys: There's a lot going on my/our lives in the coming months. First and most importantly we will be getting married right after we both graduate in May, from Stanislaus with our respective degrees. We both have good jobs in this area and are looking forward to becoming old and boring and raising a family. "She is so brilliant." So, being the conservative future couple we'd like to make sure we start our lives on the correct foot/feet. And that, sirs, is our question. How does a young couple start a life ...