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Archive By Section - HOME SCENE


Rate on 30-year fixed rate mortgage dips to 3.32 %

WASHINGTON (AP) - Average U.S. rates on fixed mortgages fell this week near record lows, providing more incentive for Americans to buy homes and refinance.

December 13, 2012 | | HOME SCENE


California home prices rise 19% in November

SAN DIEGO (AP) - California home prices posted a ninth straight annual increase in November as buyers competed for a limited number of available properties, a research firm reported Thursday.

December 13, 2012 | | HOME SCENE


Use winter to update and beautify your bathroom

Remodeling and refreshing the home is a great way to keep cabin fever at bay during long winter months. Designing a bathroom remodel to incorporate innovative style, comfort and efficiency helps to speed the winter months along, and your family will certainly enjoy the rest of the season with a beautiful new bathroom.

December 13, 2012 | | HOME SCENE


Ten lucky home décor trends coming in 2013

Despite its negative reputation, the number 13 doesn't always have to be unlucky. Take these top 10 decor trends for 2013 from design experts, manufacturers and trend forecasters across the country. They're fresh, fun and sure to bring good fortune to any home.

December 13, 2012 | | HOME SCENE


Siding with style adds timeless value

As cooler temperatures approach, more homeowners are turning to value-driven renovation projects that will warm up their space and withstand the test of time.

December 06, 2012 | | HOME SCENE


Kitchen trends for 2013: 'Revamping kits' offer high-end results for less

If you're tired of looking at your outdated kitchen, but feel replacement would be impractical, you're not alone. In 2013, consumers will be trying to find the beauty in the beast. Projects that help the old look new will be the next big makeover trend - especially in the kitchen where remodeling becomes more pricey.

December 06, 2012 | | HOME SCENE


Short sales outpacing sales of bank-owned properties

LOS ANGELES (AP) - Sales of U.S. homes facing foreclosure are on the rise and outpacing sales of bank-owned homes, a reflection of stepped up efforts this year by lenders to avoid foreclosing on homes with mortgages gone unpaid.

December 06, 2012 | | HOME SCENE


Home prices rise in October by most since July of 2006

WASHINGTON (AP) - A measure of U.S. home prices rose 6.3 percent in October compared with a year ago, the largest yearly gain since July 2006. The jump adds to signs of a comeback in the once-battered housing market.

December 06, 2012 | | HOME SCENE


Negligent life tenant raises foreclosure risk

DEAR BENNY: My sisters and I "own" some Tennessee properties inherited from my late father, who died in 1984. In his will, he wanted to provide for his current wife ("B"), so she was given a "life estate" for her use of both properties during her lifetime. My sisters and I are the owners on the deeds. One of the properties is a residence, and the other is an income-producing commercial property.

December 06, 2012 | By BENNY L. KASS Inman News | HOME SCENE


Roanoke shop salvages architecture pieces

ROANOKE, Va. (AP) - The premiere of "Salvage Dawgs" opens with Mike Whiteside, 56, rolling up Roanoke's Memorial Avenue and into the parking lot of Black Dog Salvage with a giant, rusty rocket strapped to the top of his red Chevy pickup truck.

November 29, 2012 | | HOME SCENE


Doors, a forgotten design element

It's a design opportunity that's easily missed: Even the most stylishly decorated rooms often have bland wooden doors with cheap hardware.

November 29, 2012 | The Associated Press | HOME SCENE


Expert tips for choosing the right fountain

Spanish explorer Ponce de Leon spent many years and covered many miles searching for the fabled "fountain of youth." Fortunately, you don't have to go to those lengths to find a special fountain that will transform your backyard into a private oasis. You only need to make a trip to the local garden store.

November 29, 2012 | | HOME SCENE


Flat screens: No such thing as too slim

Slim is "in" ... and not just for people watching their weight. Flat screen TVs and the wall mounts that turn the TVs into decorator showpieces seem to grow sleeker and slimmer every year. And when it comes to viewing technology, thinner not only looks better, it has practical advantages, too.

November 29, 2012 | | HOME SCENE


US sales of new homes dip 0.3 percent in October

WASHINGTON (AP) - U.S. sales of new homes fell slightly in October and September sales were slower than initially thought. The October sales pace was dragged lower by steep declines on the East Coast, partly related to Superstorm Sandy.

November 29, 2012 | | HOME SCENE


How to tell if lender is overcharging escrow account

DEAR BENNY: I own a house worth approximately $400,000. The current mortgage is $25,000. A company in Florida took over the mortgage about six months ago. The mortgage company handles the tax and insurance payments through an escrow account. Given the current schedule of payments, the account has had a positive balance during all of 2012 and will average at least a $1,000 balance during the 12 months. The mortgage company wants to double the escrow payments so that the minimum balance is $1,000, the maximum is $3,000 and the average account balance is $2 ...

November 29, 2012 | By BENNY L. KASS Inman News | HOME SCENE


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Articles by Section - HOME SCENE


Fannie Mae posts $1.9B profit for quarter

WASHINGTON (AP) - Mortgage giant Fannie Mae says it had net income of $1.9 billion for the first quarter. That's sharply down from the same period a year ago due to lower fee income and larger losses on investments used to hedge against swings in interest rates.

May 08, 2015 | | HOME SCENE


Building tiny houses into big help for Los Angeles’ homeless

LOS ANGELES (AP) - Shortly after Elvis Summers befriended Irene McGhee, he learned she was sleeping on the streets of South Los Angeles.

May 08, 2015 | | HOME SCENE


UP, UP & AWAY

WASHINGTON (AP) - More than one in four U.S. renters have to use at least half their family income to pay for housing and utilities.

May 01, 2015 | | HOME SCENE


$100M FOR A HOME?

WASHINGTON (AP) - The poshest of luxury homes are acquiring the cachet of a masterwork by Picasso or Matisse.

May 01, 2015 | | HOME SCENE


Tips for perfect home laundry, every time

Keeping your wardrobe and entertaining linens fresh and clean is no easy task – from fitting your laundry routine into your lifestyle to removing the toughest stains from your bright whites.

May 01, 2015 | | HOME SCENE


Add quality & comfort to your favorite rooms

When considering a home renovation, think outside the box for design inspiration and setting the overall tone.

May 01, 2015 | | HOME SCENE


ENTRYWAY

You only get one chance to make a first impression and that first statement for your home begins with your front door. Fortunately, there are a few simple projects to help welcome your family and friends into your home with style.

April 24, 2015 | | HOME SCENE


San Francisco rents rocket 14.8 percent

SAN FRANCISCO (AP) - Almost no one is moving to San Francisco to save money.

April 24, 2015 | | HOME SCENE


California home prices hit 7-year high, sales up

SAN DIEGO (AP) - California home prices reached fresh seven-year-highs in March, a research firm said Friday, helping sales rebound from a two-month slide as some homeowners put their property on the market to reap gains.

April 24, 2015 | | HOME SCENE


Rate on 30-year slips to 3.65 percent

WASHINGTON (AP) - Average long-term U.S. mortgage rates are down slightly this week and remain near historic lows.

April 24, 2015 | | HOME SCENE


To sell or not to sell. . .

Dearest Real Estate Boys; My spouse and I are considering listing our house and purchasing another one just because we can. We do love our present home but just feel at our age we need a change. It may sound silly but we've had the same walls and landscape for 20 plus years and we just want to look at something different. The question we have is while we are just considering this move we feel it may be prudent to wait for 6 or 9 months before we forge ahead. So, that's the question. Do say "Happy ...

April 24, 2015 | | HOME SCENE


Obligations are tied to house go along with inherited home

Q: I read your column and you seem to be really great at helping people with their issues, so I am taking a long shot and asking for your advice as well.

April 24, 2015 | | HOME SCENE


Add quality & comfort to your favorite rooms

When considering a home renovation, think outside the box for design inspiration and setting the overall tone.

April 24, 2015 | | HOME SCENE


Home sales bounce back during March

WASHINGTON (AP) - U.S. home sales bloomed in March after a brutal winter, a sign of possible newfound momentum for housing.

April 24, 2015 | | HOME SCENE


Justice Department sues Quicken over underwriting

NEW YORK (AP) - The Justice Department is suing Quicken Loans, saying the lender approved hundreds of mortgage loans that didn't meet federal standards, leaving the government stuck with the bill when borrowers defaulted.

April 24, 2015 | | HOME SCENE


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