WASHINGTON (AP) - More than 1.5 million older Americans already have lost their homes, with millions more at risk as the national housing crisis takes its toll on those who are among the worst positioned to weather the storm, a new AARP report says.
Looking back at flipping in 2005 it is amazing that the housing market collapse wasn't worse.
BEMIDJI, Minn. (AP) - Kjell Thompson has long dreamed of owning her own home, but until recently she thought it out of her reach.
We spend hours in the kitchen socializing, keeping the family organized, and, of course, cooking and eating. As the center of the home's activities, the kitchen should be as fun as it is functional. With just a few supplies and a free weekend, you can cook up a whole new look for your kitchen.
A little black dress, a great pair of jeans and a leather jacket - some styles never go out of fashion. Some elements of home decor share that same sense of timelessness, and none more so than a simple floral theme.
DEAR BENNY: My homeowners association fees are of great concern to me, since I am on a limited income. The monthly fees are $399, and this, combined with my mortgage payments of nearly $1,400, creates a burden. I have been a widow since 1973 and am, of course, a "retired" senior with no retirement income benefits.
The real estate market is still in a state of limbo, which has many homeowners staying in place and looking for ways to make their current abode the most comfortable it can be. Real estate agents expect the market to continue to be flat in 2012, according to ActiveRain Corp, a real estate social network. Because they're not selling, homeowners are looking at remodeling rooms, changing out decorating schemes and in some cases, even adding on to the home.
Eric Teberg was taking his good friend, Joan Collins, to the doctor in Sacramento when he received the good news.
LOS ANGELES (AP) - Banks are increasingly placing homes with unpaid mortgages on a countdown that could deliver a swell of new foreclosed properties onto the market by early next year, potentially weighing further on home values.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages fell again to record lows, giving would-be buyers more incentive to brave the housing market.
LOS ANGELES (AP) - California has a new law to stop what Gov. Jerry Brown calls abusive home lending tactics.
One in five homes nationally is underwater.
The weather is warm and the sun is shining, making it the perfect time to start your home improvement projects. Whether it's a little tidying up, or a full-on home repair, some tips will help you complete your projects without a lot of headaches.
For those considering buying a home, the current real estate market presents some unique opportunities. One of the side effects of the economic roller coaster ride of the past few years is that home prices have gone down and more homes have gone on the market. For buyers, that means more choices and better deals. However, those same tumultuous years also can also teach buyers a lesson: Make smart buying decisions and be wise with your finances.
Now, more than ever, homeowners are adding to the value and comfort of their homes by renovating bathrooms into private retreats with luxurious touches that rival those of an upscale spa or resort.
Move over kitchens and bathrooms, homeowners are focusing on a new part of the home: the garage. No longer just a place to park the car and lawn equipment, today's garages are getting bigger and better. Here are a few quick and easy projects to create a useful and organized garage.
Don't sweat it if your home doesn't have central air-conditioning. Whether you live in an older house that can't accommodate ductwork, or you don't want to sacrifice your interior aesthetics with an unattractive air conditioning unit, you can still keep your home feeling - and looking - cool this summer with advanced air conditioning technology.
WASHINGTON (AP) - A key long-term U.S. mortgage rate dipped this week, the second drop after a large increase two weeks ago.
The addition of a new pet to the family is always a cause for celebration. Stress can occur, too, no matter how welcome the new addition. When you're thinking about adopting a pet from an animal shelter, some preparation can help ensure he or she is as safe and happy as possible.
As winter temperatures drop, the potential for higher utility bills goes up. Taking steps ahead of the cold season can help you trim costs and make your home more energy efficient, keeping those utility bills in check even as the winter weather rages.
Kitchen and bathroom remodeling projects can significantly add comfort, improve functionality and increase the home's resale value. Whichever reason drives homeowners to complete an improvement project, they need to pick one that also delivers a return on investment.
She's a single woman in Manteca in her 50s.
Selling or staying, it makes no difference - everyone wants a home that looks great from the curb. Curb appeal comes together when all the elements of a home's facade are in good shape and working together. Driveways that are cracked or pitted with potholes, dingy front doors and other seemingly minor complaints like a shabby, scuffed mailbox, can all significantly detract from a home's overall curb appeal.
WASHINGTON (AP) - Average long-term U.S. mortgage rates declined slightly this week, after marking their largest one-week gain of the year the previous week.
If you'll be putting your home on the market this year, simple, cost-effective upgrades can help ensure a speedy sale at a good price.
Do's and don'ts for making your next tile project perfect
Beautifying your bathroom sounds exciting but oftentimes renovation plans begin with good intentions and end up a long, costly nightmare. The national average cost for a bathroom remodel is $10,142, according to the Cost Guide from HomeAdvisor.com. That's a hefty investment but one that can easily be reduced with a simple refresh of the space instead. Here are five cost-effective updates you can make to your bathroom in as little as a weekend.
You don't have to buy in Stockton's Quail Lakes or Brookside neighborhoods if you want to live on the water.
Every generation of homeowners has its design priorities. Baby boomers look for home design that will let them age in place, while generation X wants features that facilitate busy lifestyles. Millennials crave interior decor that meshes with their technology, blending energy efficiency, family-friendly features and plenty of personalization. Since many millennials are starting out in their personal and professional lives, affordability is also a priority.
Most of us spend our day multi-tasking. At work or home, we want to maximize our time and resources in order to accomplish the most work while expending the minimum required effort. Home improvement should be no different. In order to make the most of your home improvement resources, it makes sense to undertake certain projects in tandem.