WASHINGTON (AP) - The Federal Housing Administration could run out of money over the next year and require a $700 million cash infusion from the Treasury Department to stay afloat, according to the Obama administration's budget request sent Monday to Congress.
WASHINGTON (AP) - The number of Americans at risk of foreclosure is declining, as more homeowners climb out of debt and find steady work.
WASHINGTON (AP) - The average rate on the 30-year fixed mortgage held steady at a record low for a third straight week, offering more incentive to those looking to buy a home or refinance.
WASHINGTON (AP) - U.S. homebuilders are gradually growing more optimistic about the depressed housing market and believe homes sales could pick up sharply when the spring buying season begins.
WASHINGTON (AP) - Construction of single-family homes cooled off slightly in January after surging in the final month last year. But a rise in permits suggests builders are growing more confident that more buyers are ready to come off the sidelines.
LOS ANGELES (AP) - Banks took back more U.S. homes in January than in the previous month, the latest sign that foreclosures are accelerating after slowing sharply last year while lenders sorted out foreclosure-abuse claims.
DEAR BENNY: My wife and I closed on a short-sale house in Florida back in 2010. We paid "in full" the homeowners and flood insurance even before we took title to the property. Once we became the owner of the property, confusion started when the insurance agent apparently (and incorrectly) advised the lender that we did not have the necessary insurance coverage.
The big headline announced this month is the $26 settlement reached between the nation's five largest banks and 49 state attorney generals. The settlement is to compensate and assist homeowners that have been either foreclosed on improperly, or homeowners that owe significantly more than the value of their home.
Rent vs. own? More Americans are wrestling with that question as the economy continues its slow recovery. Even though homes are selling at record lows, many Americans are choosing to rent instead, maintaining their mobility and financial flexibility until the economy, as well as their job prospects, improve.
Did you ever watch a home improvement show team transform a drab room into something spectacular using a shoestring budget and less time than it takes you to clean out your closet? Ever wonder how they did it? Here's the secret: they cheat. And you can too.
Oakwood Shores 2.0 isn't simply an upgrade of the initial gated lakefront community that took major nosedive during the collapse of the housing bubble.
Warmer temperatures, green grass and increased daylight help shake off the winter blues and inspire home and yard improvements to spruce up your surroundings.
Beat the winter blues by taking the first steps to create a summer backyard oasis. By preparing now, you'll be ready to install - and enjoy - a dream deck once warmer weather arrives.
Every garden is filled with them: millions of unseen weeds. They are dormant seeds that lurk just below the soil surface, ready to spring to life with just the briefest exposure to light. Weeds can choke a garden, robbing it of space, nutrients and water. Allowing weeds to mature compounds the problem, as they are naturally prolific seed producers. They grow aggressively and can be tough to get rid of, because pulling weeds brings more weed seeds to the surface.
LOS ANGELES (AP) - The U.S. housing market will begin to mount a turnaround this year, building toward a solid recovery in 2013, according to a forecast issued Wednesday by the chief economist of a homebuilding industry trade group.
WASHINGTON (AP) - U.S. home rental prices rose at a steady rate in January, but prices barely budged or even dipped in parts of the Midwest and Mid-Atlantic.
LOS GATOS - As millennials enter the home-buying market in larger numbers, builders say homes will get a little smaller, energy-efficient appliances and laundry rooms will be essential, and home technology will become increasingly prevalent. These predictions are based on two surveys conducted by the National Association of Home Builders, one asking home builders what features they are most likely to include in a typical new home this year, and one asking millennials what features are most likely to affect their home-buying decisions. Of the top 10 features mentioned by home builders, four have to do with energy efficiency: low-E windows ...
While you're making resolutions and setting goals, consider adding updating the look of your home to your list. If your walls are looking a little dated, follow these five color suggestions to give your space a renewed look.
WASHINGTON (AP) - Average long-term U.S. mortgage rates rose this week yet remained near historically low levels.
HONOLULU (AP) - Shipping containers: They're strong, durable and portable, stack easily and link together like Legos.
You've been dreaming about digging in your garden, changing your landscaping or improving your house all winter long. Finally the weather is nice, your yard is clear and dry, and it's time for you to get your hands dirty. With the right tools and equipment, you can get all your DIY tasks done while saving time, money and elbow grease.
Want to get the best out of your lawn this year? Implement these simple hacks to keep your lawn green and growing, your equipment up and running, and your yard looking great:
Did you know that the smallest room in your home can be the most dangerous?
WASHINGTON (AP) - Average long-term U.S. mortgage rates fell this week, resuming their downward trend of this year after rising slightly last week. Rates are near historically low levels.
LINCOLN, Neb. (AP) - A judge has dismissed a California real estate broker's lawsuit over a Nebraska law requiring licensing to market Nebraska homes online.
With Phase I 90% sold out, Van Daele Homes has released Phase II at their Waterpointe community at River Island in Lathrop.
Low- and no-maintenance features top the list when making over outdoor living spaces because less time maintaining means more time enjoying.
Bathroom remodels are one of the most popular home improvement projects and they provide impressive return on investment. While plenty of focus goes into selecting the perfect tile or ideal shower surround, there's one critical area that too often is overlooked: the lighting.
The heat is definitely on this winter. With winter storms hitting many parts of the country early in the season, furnaces are plugging away, causing rising heating bills. Space heating is the largest energy expense in the average U.S. home, accounting for 45 percent of energy bills, according to the U.S. Department of Energy. Consumers are looking to keep their homes cozy as the temperature continues to drop, while also having manageable utility bills.
Fred Sheil fights crime.