Do you know that if you are 62 years or older you may be able to buy a house or a condominium using a reverse mortgage? A reverse mortgage allows you to get money from a lender, but you do not have to pay it back (or make any monthly payments) until you sell or die.
NEW YORK (AP) - Confidence among U.S. homebuilders rebounded this month, reflecting improved sales trends during the spring home-selling season and the strongest outlook for sales over the next six months in more than six years.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages rose this week but stayed near their historic lows. Cheaper mortgages have helped the economy by spurring more home-buying and refinancing.
WASHINGTON (AP) - U.S. builders broke ground on fewer homes in April, one month after topping the 1 million mark for the first time since 2008. But most of the decline was in apartment construction, which tends to vary sharply from month to month.
Hello Real Estate Boys: My wife Bambie, and yes she is a dear, recently lost her parents to an accident and we are in the middle of closing out the estate with one of Turlock's wonderful attorneys. I suppose at this point I should say Bambie was an only child and will inherit her parents' entire estate. While the estate is not huge it will give us a very nice sum of cash soon. The home her mom and dad lived in is paid for and they had no real outstanding bills. The estate was set up years ago ...
Builders are back in business, and new-home construction is up in areas across the country. So is remodeling, as plenty of Americans choose to stay put and upgrade their current homes rather than tackle the challenge of buying and moving into something new.
A fresh coat of paint can give any room an instant lift, making it a great solution for converting a space from drab to fab.
Six residential gardens in Manteca will be showcased in the 2013 Manteca Garden Tour which will be held on Saturday, May 11, the day before Mother's Day.
Appearances count, especially when you're trying to sell a home. Even though the housing industry experts predict this spring will be a seller's market, it's important to grab every advantage when you're trying to sell your home. Staging - decorating a house to appeal to the broadest possible range of buyers - can make the difference between a quick sale or a long, painful linger on the market.
SAN DIEGO (AP) - The number of California homes entering the foreclosure process plunged to a more-than-seven-year low this year thanks to rising home prices, an improving economy and new laws designed to protect homeowners, a research firm reported Tuesday.
It was the hottest buy in town.
WASHINGTON (AP) - U.S. sales of new homes rose in March to a seasonally adjusted annual rate of 417,000. The increase added to evidence of a sustained housing recovery at the start of the spring buying season.
Adding living space to your home can be an expensive prospect. However, creating an outdoor room is a budget-friendly option that gives you more square footage, as well as additional opportunities to enjoy the season. As an extension of the home, outdoor rooms with decks or pergolas can be personalized to truly bring indoor comforts outside for relaxation and entertaining.
DEAR BENNY: I am the president of a large condominium in the Midwest and have just heard about a program called "mortgage termination." It sounds fascinating and very useful for our condo, since we have a number of delinquencies with properties that are underwater. Are you familiar with this and if so, how does it work? --Phyllis
The best bathrooms are more than just functional areas - they're sanctuaries where you can escape, reset and recharge. And as one of the smallest and most-used rooms in the home, that's likely why they've become the most popular remodeling project (78 percent), according to the National Association of Home Builders.
Just as tasteful, well-chosen jewelry can turn an unexciting outfit into a stylish, eye-catching ensemble, carefully applied hardwood mouldings and trimwork can transform a plain-Jane interior into an interesting - even beautiful - space.
WASHINGTON (AP) - Average long-term U.S. mortgage rates rose this week yet remained near historic lows reached in May 2013.
DANVILLE, Va. (AP) - They were offered in a catalogue - and shipped in a kit - via railroad a century ago.
In the midst of the winter we love to think of the summer as this idyllic time when we live barefoot under the sky and everything is perfect and beautiful. Then when the summertime comes, we find ourselves complaining about too much sun, being too hot or bugs - and stay inside in the cool AC to avoid them. The good news is you can create a cool, shady and even bug-free spot for yourself, no matter the size of your outdoor space or your wallet.
NEW CANAAN, Conn. (AP) - In the years after World War II, when suburban towns were still "the country," this unassuming village an hour north of Manhattan became an epicenter of modernist architecture, and a birthplace of then-radical concepts like family rooms, floor-to-ceiling windows and open-plan living.
STOCKHOLM (AP) - Lost that charger again for your cellphone or tablet? Hate sorting heaps of wires to charge various devices?
TULSA, Okla. (AP) - Millennials' much-discussed preference for urban living may be ending.
Busy has become a way of life. Between work, household chores, time with family and friends, people often don't have time to complete that entire wish list of home updates. Luckily, there are several simple kitchen and bath projects that you can conquer in minimal time that deliver maximum style and functional impact. In fact, here are a few projects that can be completed in about an hour or less.
WASHINGTON (AP) - Average long-term mortgage rates have fallen for the first time in four weeks and remain near historic lows reached in May 2013.
NEW YORK (AP) - MetLife's home lending unit will pay $123.5 million to end an investigation into allegations it gave government-backed mortgages to people who didn't meet federal requirements.
So, you've decided to make some updates to your home? Whether you plan on building a home from the ground up, purchasing new construction or adding value to your current residence, there are many opportunities for upgrades.
Inspired by neighbors, home improvement shows and social media channels like Pinterest and Houzz, today's homeowners are entering the deck planning and building process more informed than ever before. But sorting through this wealth of information and inspiration can make it hard to decipher what's really hot for today's outdoor spaces – and to choose what's right for your home.
Want to infuse your home with architectural interest? Start at the top.
WASHINGTON (AP) - The number of Americans signing contracts to buy homes rose at a healthy pace in January, a sign that home sales are poised to accelerate after a slow start to the year.
WASHINGTON (AP) - Average long-term U.S. mortgage rates have edged up for a third straight week while remaining near their historically low levels reached in May 2013.