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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 mortgage rates and a solid job market are helping support the residential real estate market.

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 only bidder at $325,000. They then sold my house for $400,000, but are going after me for a deficiency of $50,000, plus legal and court costs. Is this legal? Is it fair? Kenyon.

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 book. OK, a few years ago "I was much older then, I'm younger than that now" and had just met my future wife. I was rolling in cash, fast cars, fancy dinners and incredible weekends here, there and everywhere. We didn't think twice, it was alright. But always, when the credit card bill arrived it got paid. Rent, then was also paid on time every month. In early 2005 we got married and ...

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 traditional living and move on to something simpler. However, as tiny houses' popularity continued to grow, things began to change, and there were people looking at tiny houses who also wanted the experience of luxury living.

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 pace in six months.

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 years said "it's only until I find a house." He's separated from his wife. I want to sell the house. Is there any recourse I can take so we can sell? Amy.

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 listed with a local Realtor. The Realtor is a social friend and I believe well respected in the community as a professional. Our home is by far one of the best buys in town. We've have taken incredible care of our place. Never had a problem fixing or replacing anything that the home needed. We have been on the market for a little over 30 days and while we've had numerous showings no ...

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 household. Unfortunately, organization sometimes takes a backseat in the chaos of daily life, which means kitchens and pantries aren't living up to their full potential as spaces that make our lives easier to manage.

August 21, 2016 | | HOME SCENE


Average 30-year mortgage rate slips to 3.43%

WASHINGTON (AP) - Long-term U.S. mortgage rates edged lower this week, remaining at historically low levels as a potential spur to home purchases.

August 21, 2016 | | HOME SCENE


Prop 13 & affordable housing

What goes down must come up.

August 21, 2016 | Dennis Wyatt | HOME SCENE


8 must-have elements for your backyard

Mother Nature is the ultimate exterior designer, and she shows off her chops every spring and summer when backyards come alive with colorful flowers, birdsong, warm breezes and the lush aroma of newly mown grass. Is your deck, patio or other outdoor entertaining area living up to her standards?

April 15, 2016 | | HOME SCENE


Average rate on 30-year mortgage slips to 3.58%

WASHINGTON (AP) - Average long-term U.S. mortgage rates edged down this week to their lowest levels of the year, offering a continued incentive for purchasing during the spring home-buying season.

April 15, 2016 | | HOME SCENE


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Articles by Section - HOME SCENE


MANTECA RENTAL MARKET

The critical number for affordable housing in Manteca is $18.75 per hour.

March 16, 2018 | Dennis Wyatt | HOME SCENE


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