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Archive By Section - HOME SCENE


Closing Fannie, Freddie could boost mortgage rates

WASHINGTON (AP) - Homebuyers could feel the pinch if Congress follows through on plans to shut down Fannie Mae and Freddie Mac, the government-controlled mortgage guarantee giants that were rescued by a $187 billion taxpayer bailout during the financial crisis.

August 09, 2013 | | HOME SCENE


Average rate on 30-year loan at 4.40 percent

WASHINGTON (AP) - Average U.S. rates on fixed mortgages barely changed this week, giving prospective homebuyers time to lock in relatively low rates.

August 09, 2013 | | HOME SCENE


Real estate inheritance tax tips

DEAR BENNY: I am a retired widow who owns two homes. I have two children. Is it possible for each one to be a co-owner with me: one child on one house and the other on the second property? How would I go about doing this? Would that save anything on taxes, etc., for my two adult children? Would it cost me anything other than the filing fee for the property ownership papers of each of the homes?

August 09, 2013 | BENNY L. KASS | HOME SCENE


Freddie Mac earns $5B in 2nd quarter

WASHINGTON (AP) - Freddie Mac earned $5 billion from April through June, the seventh straight profitable quarter for the mortgage giant.

August 09, 2013 | | HOME SCENE


Fannie Mae posts $10.1B net income for 2Q

WASHINGTON (AP) - Mortgage giant Fannie Mae earned $10.1 billion in the second quarter, aided by the recovery in the housing market. The government-controlled company has turned a profit in each of the past six quarters.

August 09, 2013 | | HOME SCENE


Remodeling: Making your space work for you

(BPT) - As more people choose to stay in their current homes longer, Americans are diving into large remodel projects. Forty percent of homeowners plan to remodel or build an addition to their existing home within the next two years, with kitchen and bathroom projects remaining the most popular remodeling jobs, according to the 2013 Houzz and Home Survey.

August 09, 2013 | | HOME SCENE


Wall-mounted sliding door ‘reflects’ solid design solution

Like many couples who share a bathroom, one Arizona couple was frustrated by the space that was compromised by a swinging bathroom door. The open door swung into the bathroom vanity and took up too much space in a very traditional bathroom.

August 09, 2013 | | HOME SCENE


Inventory, not interest, is key

Good afternoon Real Estate Boys; it is well over 100 degrees outside as I write to you gentlemen. Boy the heat is on and it's only July 2. While the heat is my question it has nothing to do with the weather outside. More to the point, my question is about the heat of the market. You Boys let your readers know about the interest rate hike a few weeks before it happened and you've been somewhat accurate about the market itself. So, with interest rates going up about a whole point last week, now here's the ...

August 09, 2013 | The Real Estate Boys | HOME SCENE


Make your own masterpieces: painted focal points for rooms

Still love the overall design scheme of a space, but feeling a little bored? The best way to breathe new life into it - without revamping the entire area - is by creating a new focal wall. Instead of a decal, stencil or pricey artwork, make a statement that's one-of-a-kind with a little creativity and painter's tape.

July 26, 2013 | | HOME SCENE


Former Long-time renter is $18,000 ahead after buying home 5 years ago

She's a single woman in Manteca in her 50s.

July 26, 2013 | Dennis Wyatt | HOME SCENE


Building homes that make more power than they take

NEW PALTZ, N.Y. (AP) - Homes being built in this Hudson Valley cul-de-sac offer prospective buyers wooded lots, pretty views and - oh yes - the promise of thumbing your nose at the power utility.

July 26, 2013 | | HOME SCENE


Average rate on 30-year loan falls to 4.31 percent

WASHINGTON (AP) - Average rates on U.S. fixed mortgages fell for the second straight week, a welcome sign for homebuyers hoping to lock in lower rates that had spiked earlier this month.

July 26, 2013 | | HOME SCENE


Best backyard bets for enhancing outdoor living

From entertainment systems and fully functional kitchens to luxurious furnishings and decor, it's easy to drop a bundle on improving your outdoor living spaces. The choices seem to be unlimited. But no matter how much you love your deck or patio - and most Americans do - you probably don't have an unlimited budget for equipping your outdoor space.

July 26, 2013 | | HOME SCENE


Advice on protecting rental property

Q: What is needed in landlord insurance? My husband and I have become accidental landlords due to me not wanting to sell my family home after my father's passing.

July 26, 2013 | BENNY L. KASS | HOME SCENE


6 in 10 Vegas home sales involve cash

LAS VEGAS (AP) - Cash is king buying a house in southern Nevada.

July 26, 2013 | | HOME SCENE


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Articles by Section - HOME SCENE


Average 30-year rate edges up to 4.02%

WASHINGTON (AP) - Average long-term U.S. mortgage rates were mixed this week, marking slight increases or declines but remaining close to high levels for the year.

June 26, 2015 | | HOME SCENE


Simple home safety improvement steps

Renovating a house can be a tough job. With so many details to consider, just knowing where to begin can be a challenge. But one consideration homeowners shouldn't skip is safety.

June 26, 2015 | | HOME SCENE


Brisk sales at Atherton means model homes are now for sale

By DENNIS WYATT

June 26, 2015 | Dennis Wyatt | HOME SCENE


‘THE ADDRESS’

Here's an interesting tidbit: Fifty percent of the home buyers at River Islands at Lathrop are coming from Mountain House and Tracy,

June 19, 2015 | Dennis Wyatt | HOME SCENE


Floor your house with design twists

Hardwood flooring brings enduring beauty, charm and value to a home. Not content to keep a good thing underfoot, inspired homeowners are now finding new and creative locations to use it for a dramatic effect.

June 19, 2015 | | HOME SCENE


Is your money going out of the windows?

One of the largest contributors to a home's energy efficiency is its windows. Energy-efficient windows can lower your energy costs and increase your home's comfort while reducing your carbon footprint and increasing your home's value.

June 19, 2015 | | HOME SCENE


California home sales rise; median price tops $400,000

IRVINE (AP) - California home sales continued their year-over-year rise last month as the state recovers from its housing slump. The median price of homes hit $401,000 statewide and $650,000 in the San Francisco Bay Area, a real estate research firm reported Thursday.

June 19, 2015 | | HOME SCENE


Kitchen designer tells all

When remodeling your kitchen, it can be tricky to know where to start. Certified Kitchen Designer MaryJo Camp has been there, in more ways than one. As a designer certified by the National Kitchen and Bath Association (NKBA), Camp has designed thousands of kitchens in her 35-year career – including her own. With a newfound personal understanding of remodeling challenges, Camp has pulled together her top tips for a successful kitchen revamp.

June 19, 2015 | | HOME SCENE


Average rate on 30-year loan drops to 4%

WASHINGTON (AP) - Average long-term U.S. mortgage rates eased this week after hitting their highest levels this year in the previous week.

June 19, 2015 | | HOME SCENE


Homebuilders’ confidence in sales surges in June

WASHINGTON, D.C. (AP) - U.S. homebuilders are feeling more confident about their sales prospects than they have since last fall, while their outlook for sales over the next six months is at the highest level in 10 years.

June 19, 2015 | | HOME SCENE


KB Home profit tops forecasts

LOS ANGELES (AP) - Shares of KB Home jumped Friday after the custom home builder reported better-than-expected results for the second-quarter, delivered more homes for a higher average selling price and said its backlog of orders spiked.

June 19, 2015 | | HOME SCENE


Mother Nature knows best

When it comes to health and wellness, the design of your home may prove to be just as important as your diet, sleep habits or exercise routine. This is the premise behind biophilic design - the idea that incorporating natural elements into your home, such as wood or plants, can actually improve overall health.

June 19, 2015 | | HOME SCENE


Regulators impose limits on six banks

WASHINGTON (AP) - Federal regulators have slapped restrictions on the mortgage businesses of six banks, saying they haven't fully complied with requirements imposed on them to resolve allegations that they abused the foreclosure process after the collapse of the housing market.

June 19, 2015 | | HOME SCENE


SAVVY STORAGE

Just because you don't own your home or have a permanent abode, does not mean you can't be neat and organized in the place you currently hang your hat.

June 12, 2015 | | HOME SCENE


Broker gets FAA approval to use drone

LAS VEGAS (AP) - Across Southern Nevada, homes listed online usually have a slideshow of photos - some good-quality, some not - showing the yards, bedrooms, kitchen, garage and other areas of the house.

June 12, 2015 | | HOME SCENE


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