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Archive By Section - HOME SCENE


Reverse mortgage can help seniors buy new home

Americans have learned a tough lesson: Your home is not your piggy bank. However, there is a reward for those who did build equity in their homes: In their senior years, their home can provide a monthly stream of tax-free income, or a lump sum of cash to spend as they wish, while remaining safely in their home. Or it can provide a source of financing for a new, smaller home.

October 04, 2012 | By TERRY SAVAGE Financial Advisor | HOME SCENE


Oakwood Shores home sales making a big splash in the recovering market

One of the weather vanes that developers are reading when it comes to Manteca-Lathrop housing once was home to a bunch of squealing kids.

September 28, 2012 | Dennis Wyatt | HOME SCENE


Mortgage rates make this best time to buy or refinance

He (or she) who hesitates is lost! It's an old saying, and right now it applies to the housing market. Yes, the economic headlines are still gloomy, many are unemployed and foreclosures are actually rising. But paradoxically, those obvious facts are creating one of the best home-buying opportunities in history.

September 27, 2012 | By TERRY SAVAGE Financial Advisor | HOME SCENE


California enacts new homeowner protection laws on foreclosures

SACRAMENTO (AP) - Authorities will have more time and tools to investigate mortgage fraud under legislation Gov. Jerry Brown announced signing Tuesday.

September 27, 2012 | | HOME SCENE


Housing recovery gains momentum in August

WASHINGTON (AP) - A jump in sales of previously occupied homes and further gains in home construction suggest the U.S. housing recovery is gaining momentum.

September 27, 2012 | | HOME SCENE


Boost your home’s curb appeal for a quicker sale

Selling a home in today's market requires a bit of marketing, some sweat and elbow grease, and a touch of luck. But even in a competitive selling market, it is possible to turn the sign in your front yard from "For Sale" to "Sold" so you can move on to your next residence.

September 27, 2012 | | HOME SCENE


When breaking ‘house rules’ is OK

DEAR BENNY: I manage a condominium property where a previous board of directors had put in the appendix that when changes are made to the rules they must be submitted to the members for input prior to being passed and going into effect.

September 27, 2012 | By BENNY L. KASS Inman News | HOME SCENE


New US home sales edged down 0.3 percent in August

WASHINGTON (AP) - Sales of new homes in the United States dipped slightly in August from July but the median price of homes sold during the month rose by a record amount.

September 27, 2012 | | HOME SCENE


Rate on 30-year mortgage falls to record 3.49 percent

WASHINGTON (AP) - The average U.S. rate on the 30-year fixed mortgage touched its record low this week and the rate on 15-year mortgage hit a new record.

September 27, 2012 | | HOME SCENE


Tips and tricks for a bigger-looking bathroom

Do you wish you had a bigger bathroom? If so, you're not alone.

September 27, 2012 | | HOME SCENE


House flipping keeping some investors busy

Soon after the foreclosure sale was done, workers were on the property within two to three days giving the inside of the house some facelift – painting the walls and other mini-fixes, placing sod on the front yard. They didn't even need to replace the sprinklers which were in working order. In a matter of days, the "lipstick" job was done.

September 20, 2012 | Rose Albano Risso | HOME SCENE


Rate on 30-year mortgage falls to record low 3.49%

WASHINGTON (AP) - The average U.S. rate on the 30-year fixed mortgage touched its record low this week and the rate on 15-year mortgage hit a new record.

September 20, 2012 | | HOME SCENE


Housing recovery gains momentum during August

WASHINGTON (AP) - A jump in sales of previously occupied homes and further gains in home construction suggest the U.S. housing recovery is gaining momentum.

September 20, 2012 | | HOME SCENE


Making a change: Some - exterior renovations that boost curb appeal

If you were to take a look at a typical neighborhood today, you would see patterns of familiar home designs such as split-level, ranch or colonial. Most of these American styles were built between 1955 and 1985, when there was a need for mass-produced housing. Due to this suburban sprawl, many homes lost the originality and architectural appeal of classic styles built in the late 19th and early 20th centuries.

September 20, 2012 | | HOME SCENE


Update your decor with hottest colors of the season

With the days getting shorter and the temperature dropping, fall is in full swing. That means it's time to put away the patio furniture and spruce up your home with new seasonal items, colors and textures.

September 20, 2012 | | 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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