Buyers are still clamoring for real estate deals in this turbulent market. Foreclosures and short sales offer some of the best bargains, but also have a higher risk level. Still, more than four in five adults think foreclosures and short sales can be good deals, according to a recent American Society of Home Inspectors (ASHI) survey.
Bigger isn't always better in the real estate world, and what's more, it's not always possible. With more baby boomers downsizing from McMansions to smaller, more manageable houses, and a growing number of people opting to rent rather than buy, many families are looking for new ways to decorate, design and work with smaller spaces.
WASHINGTON (AP) - Timothy Mayopoulos, the general counsel of Fannie Mae, will be the next CEO of the government-controlled mortgage giant.
WASHINGTON (AP) - Average U.S. rates on 30-year and 15-year fixed mortgages this week fell to fresh record lows for the sixth straight week. Cheap mortgages continue to help boost prospects for home sales this year.
DEAR BENNY: I am 58 years old and married. My total household income is less than $50,000. I have no mortgage; however, I do have a line of credit with $130,000 owed.
Nowhere else in the home must design and function marry as harmoniously as in the kitchen. The most-used room in the house is also the one where we spend the most work and leisure time, the one that gets the most scrutiny from potential buyers and the spot where most renovation dollars get spent.
Here's a silver lining to the foreclosure crisis: There's anecdotal evidence it is leading to the improvement of older housing stock in Manteca.
The kitchen and bathroom are at the top of most home remodeling project lists. But homeowners intent on remodeling should also consider investing in the exterior of their homes - maybe even start there.
WASHINGTON (AP) - A gauge of Americans who signed contracts to buy homes fell in April from nearly a two-year high in the previous month.
Summer is finally here, and with warmer temperatures and longer days, it's the perfect time to brighten up your home with a few outdoor painting projects. You can add the right amount of color and increase your curb appeal in just one weekend, leaving you the rest of the season to enjoy the finished product.
LOS ANGELES (AP) - Homes in some stage of the foreclosure process saw their share of overall U.S. home sales grow in the first quarter even as sales of bank-owned homes fell.
WASHINGTON (AP) - Congress has given itself two more months to come up with long-term solutions for the debt-burdened federal program that provides insurance for homes and businesses in areas subject to flooding.
DEAR BENNY: You frequently write about the stepped-up basis when a property is inherited. In today's market, however, you may find the reverse situation.
Wood is one of the oldest building materials we know, and one of the most beloved. It's a love affair that has lasted - like hardwood itself - through the centuries, from the log cabins of earliest America into the early 21st century.
Window boxes overflowing with blooms, decorative pots lining the driveway with striking colors, and even a flowering vine climbing up the mailbox - the growing season have arrived, and it is time to decorate the landscape.
Despite the earning power of today's women, many still shy away from investing and long-term planning. One of the reasons may be a lack of confidence. A 2014 report by the Transamerica Center for Retirement Studies found that half of women say they are not confident about the ability to retire comfortably.
When you think of the holidays, celebrations, presents and friends likely come to mind - not crime. Unfortunately, burglaries increase at this time of year, and your home could be a target. With a few simple safety precautions, you can protect your property, your family and your valuables now and well into the new year.
The fun chaos of the holidays is right around the corner. Family gatherings to plan, delicious meals to prepare, gifts to find and purchase, and a house to decorate ... the list goes on!
WASHINGTON (AP) - Average U.S. long-term mortgage rates fell for the fourth straight week, a continuing boon for potential homebuyers.
WASHINGTON (AP) - Homeowners whose mortgages were modified to stave off foreclosure could next year receive an additional $5,000 reduction in their loans from the government, the Treasury and Housing and Urban Development departments said Thursday.
You've reached your breaking point. You've tripped over the same thing in the living room too many times. Now you've picked it up to finally put it away and you realize - you have nowhere to put it. You have too much clutter in your home. So what do you do? How do you decide where to start so you can reduce the clutter in your home and make your walkways safe once more?
OK you Real Estate Boys; I am fairly new to Turlock and so far love it here and love the Valley. When I moved from the right coast mid-summer my Realtor kept telling me all the neat things about Turlock and I couldn't stop thinking about John and Paul's "She Loves You." Yeah, yeah, yeah. "You're just saying that stuff." Well, 6 months into my new life I am now saying the same about my newly adopted home. I'm sort of hoping you Boys can tell me some of the changes you've seen over the ...
If you know a senior homeowner who is running out of money, a reverse mortgage might generate enough cash to allow them to stay in their home for many more years. Last fall, the Federal Housing Administration created new rules, and opportunities, for lower-cost reverse mortgages. Now that most lenders have launched these new products, it's worth an updated look.
When the weather conditions are just right, a relaxing evening spent on the porch or patio is perfect for enjoying good company and the beauty of the outside world. Wouldn't it be nice to enjoy these comforts regardless of the season?
In the fashion and design world, alternative materials that emulate high-end looks are trendy not only for their lower price point and low maintenance qualities, but thanks to advancements in design and technology, are often hard to differentiate from the real thing.
Now is the season for enjoying backyard BBQs and poolside parties with friends and family – not being trapped in the house for pre- and post-party cleaning. With a little planning, you can minimize time spent on daily chores and maximize time spent soaking up the sun and creating memories with guests.
When thinking about your dream kitchen, what finish style of cabinets come to mind? Is it rich dark stained cherry wood? Maybe a clean, crisp white paint? Do you picture yourself having a rustic kitchen complemented by different techniques?
WASHINGTON (AP) - The number of Americans signing contracts to buy homes fell slightly in October as tight credit and lagging wages remained financial hurdles for would-be homebuyers.
The biggest price rebound for housing in the Manteca market is also still the most affordable - the Cherry Lane Condos along Union Road.
SAN DIEGO (AP) - California home sales continue to climb - with the October sales tally reaching the highest it has been for that month in two years, a research firm said Thursday.