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.
WASHINGTON (AP) - A $25 billion settlement between the nation's major banks and U.S. states over deceptive foreclosure practices during the housing crisis is nearing completion.
Everyone loves granite for kitchen and bath countertops, but many homeowners find this option for adding value to their home, too pricey. When considering a kitchen update I found that granite typically costs $50 to $100 per square foot (including installation).
NEW YORK (AP) - Wells Fargo reported gains in its mortgage business for the fourth quarter on Tuesday.
As much as 30 to 40 percent of all food in North America is wasted, according to the United Nations Environment Programme. That's about 20 pounds per person every month! In terms of money, that's an alarming $165 billion in wasted food annually, according to the Natural Resources Defense Council.
It's the time of year when even a dip in the local lake won't cool you down for long. What you really need is effective, efficient air conditioning that provides constant and reliable comfort.
WASHINGTON (AP) - More Americans signed contracts to purchase homes in May, as pending sales climbed to their highest level in more than nine years.
WASHINGTON (AP) - Average long-term U.S. mortgage rates rose this week, reaching high levels for the year.
WASHINGTON (AP) - U.S. home prices increased at a solid clip in April, led by double-digit jumps in Denver and San Francisco.
Even for households that count four-legged fur friends as part of their family, pet-friendly features can be easily overlooked when it's time to build or redesign. Architectural details, such as cabinetry, offer clever ways to provide pet-friendly function to any room.
Just like many products, when it comes to purchasing new light bulbs, nothing beats the in-store experience. Seeing the difference in lighting has a stronger impact than online reviews from other consumers or experts.
During the summer, it may seem impossible to keep bugs away from the home, so people will try just about anything. Perhaps you've heard about household DIY tricks to prevent pests, but what actually works?
WASHINGTON (AP) - U.S. construction spending posted a solid gain in May, pushing total activity to the highest point since the fall of 2008, with the strength led by a big jump in non-residential projects.
WASHINGTON (AP) - A sharply divided Supreme Court on Thursday preserved a key tool used for more than four decades to fight housing discrimination, handing a surprising victory to the Obama administration and civil rights activists.
The Manteca City Council has launched the HERO Property assessed Clean Energy (PACE) Program.
WASHINGTON (AP) - Home rental prices are climbing across much of the United States - with the biggest gains coming from not from New York or San Francisco but Jackson, Mississippi, and Portland, Maine.
For homeowners who enjoy spending time outside, the doorway is an important architectural element that blends style and function to connect indoor and outdoor spaces.
Q: What is your opinion about a reverse mortgage? We are in our late 60s, have a small savings and an acceptable pension. Our home is free and clear and is worth approximately $400,000. We have seen some famous people raving about the concept on television, but we have some concerns whether this is right for us. Clara.
Hey Real Estate Boys; We read your article last week on the water situation here in the Valley. While I agree with you that it's not a government conspiracy, there really is a drought and we all need to be aware of wasting water. I do take offense that farmers seem to feel they are entitled to just open gates and flood their fields and not cut back like the government is asking of us. If I read correctly, we've been asked to cut back 30% maybe more, maybe a little less. As I drive around I see ...