Q: My dad is in his 70's still working. Mom died a couple years ago and he's left with a mortgage (remaining balance of $330K on a single-home) on top of house maintenance, monthly costs and unpaid debts. Lately, dad expressed concern that he is getting old and worried how he can pay for the house. He is opposed to selling the house because of life memories. Stated the idea of us (family of 3, paying mortgage on a townhome bought in 2010) moving in with him. Wife and myself are hesitant because we cannot afford the cost ...
WASHINGTON (AP) - The number of Americans who signed contracts to buy existing homes fell in September to the lowest level in nine months. The decline reflects higher mortgage rates and home prices that have made purchases more costly.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages fell for the second straight week and are at their lowest levels in four months.
As decorations are hung this holiday season in preparation for entertaining family and friends, consider creating ambiance using lighting in the main social rooms of the home, including the kitchen, dining and living rooms. Beyond the trimmings, presents and other jolly adornments, it is essential to have the proper lighting to enhance the glow of the holidays and adjust the mood of a room.
The median price of existing homes closing escrow in year-to-year comparisons is up a whopping 44.6 percent in Manteca.
The task of home painting projects may seem daunting, but by following a few helpful steps you can give your home a fresh, clean appearance and incorporate some of your favorite new home décor trends.
From runway fashion to home decor, blue is definitely in the spotlight right now. Give your home a fresh boost of an on-trend color and make it through the fall season in style.
Gentlemen and Boys; My husband and I watch the news and stay abreast of current events for reasons we won't discuss here. Suffice it to say, we like to be aware of what's going on in our world. With knowledge comes a little fear that you may have missed a point or forgot. Forgetting is today's question for you Boys. We have forgotten what the interest rates have done over the last 40 or so years. I know I could go to the Internet and get the answer, but your answers honestly amuse us every Saturday morning.
WASHINGTON (AP) - U.S. home prices rose 12.4 percent in July compared with a year ago, the most since February 2006. An increase in sales on a limited supply of available homes drove the gains.
WASHINGTON (AP) - Americans stepped up purchases of new homes in August after cutting back in July, suggesting that higher mortgage rates are not yet slowing the housing recovery.
Q: I read your last posting in the Tribune regards options for selling jointly owned property. I have a horrific situation not for the faint at heart. We are two brothers fighting worse than a Spanish bull ring.. Animosity exists between my older brother and my wife. He has no rush, and enjoys the comfort when he comes to Chicago to stay as long as he wishes in the basement and collects rent from the first floor of this 2 flat. Meantime I live with my wife on the 2nd floor. We want out of this situation. What once was ...
As long as the sun is shining, early autumn is a great time to get outside and enjoy that beautiful you've been working so hard to maintain throughout the year. Barbecues and picnics are always a good excuse to get family and friends together but after you've finished eating you don't want the kids (or the adults) wandering back inside to waste a glorious day staring at a television or a computer screen. It's time for some good old-fashioned backyard fun: lawn games.
WASHINGTON (AP) - Fewer Americans signed contracts to buy U.S. homes in August, the third straight decline. The drop could mean that higher mortgage rates are starting to deter some buyers.
So many of us love the rich colors featured in kitchen and bath magazines, but when it comes to selecting colors for our own homes, we tend to play it safe. It's time to be bold and get out of the color comfort zone. Whether it's a vibrant backsplash, playful shade on the wall, or a new sink color that pops with personality, today's hot color trends are anything but boring.
Flipping through the television channels, it's hard not to find a home improvement show about remodeling and do-it-yourself (DIY) projects. From "Property Brothers" to "Design Star," these popular programs give homeowners ideas on how to modernize their spaces. If you're planning your own DIY projects, here are three areas of the home that will give you the most bang for your buck when it comes to a makeover.
From barbecues and games of bocce to parties and candlelit dinners, your outdoor space can be a hub for entertaining friends and family.
If you've ever made a decision not to eat a certain food because it was bad for you, then you're like most Americans who are increasingly more health-conscious. As you consider what not to put in your body, there are simple ways to improve your health by examining what's in your home.
WASHINGTON (AP) - U.S. home prices dipped in January for a third straight month, likely because of slower sales in recent months caused by cold weather, a limited supply of homes and higher mortgage rates.
WASHINGTON (AP) - Fewer people bought new U.S. homes in February. Sales fell to their slowest pace in five months, a sign that the housing market has yet to recover fully from brutal winter weather.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages rose this week in the wake of comments by Federal Reserve Chairman Janet Yellen suggesting that the Fed could start raising short-term interest rates by mid-2015.
Whether you're personalizing a new home or revitalizing an old room, the start of spring is when newly imagined spaces become do-it-yourself realities.
Spring is in the air, which means it's time to refresh your indoor spaces to reflect the energy and optimism of the season. The top home decor trends of spring 2014 take a fresh approach to traditional design elements to create an aesthetic that is fresh and full of life. Best yet, the trends are easily accessible, so anyone can update their space with a few simple tips.
WASHINGTON (AP) - President Barack Obama is set to sign into law a bipartisan bill relieving homeowners living in flood-prone neighborhoods from big increases in their insurance bills.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages rose last week but remained close to historically low levels.
Dear Real Estate Boys: My wife and I have been reading your articles in the Journal now for over a year. So far we give you a B+. Not bad at all; we've learned some real estate facts. Anyway, we are Dick and Jane. We met you in early grammar school. Remember us? It went something like this. See Jane? See Dick? See Jane run? See Dick run? Well, I finally caught Jane and we've been married for many happy years now. And yes, we have a dog named Spot. OK, here's our question. Jane was a ...
Spring is when pests come out of hiding and hibernation to search for new places to establish their colonies. Unfortunately, it's not only the flowers in your garden that attract pests but also your home itself. One of the most determined springtime pests is termites.
SACRAMENTO (AP) - Three community assistance organizations sued Gov. Jerry Brown and other state officials on Friday, alleging the state improperly diverted nearly $370 million that was intended to help homeowners struggling with foreclosures.
SAN DIEGO (AP) - California home prices rose slightly in February from the previous month, while low inventories kept a lid on sales, a research firm said Thursday.
Homeowners, builders and remodelers are always looking for innovative and new ways to enhance existing spaces during home makeovers and room renovations.
Fifty-six percent of adults who completed home improvements in the past year spent $1,000 or more, according to The Scarborough Report. Next time you're faced with a home improvement project, instead of wasting money throwing away fixable objects or hiring professionals for quick and easy repairs and improvements, keep these money-saving tips in mind. Here are five simple life hacks to help you throughout your entire home and trying one just might make you $40,000 richer!