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Archive By Section - HOME SCENE


Obama seeks to broaden reach assistance

FALLS CHURCH, Va. (AP) - Conceding his earlier housing programs have fallen short, President Barack Obama on Wednesday proposed a vast expansion of government assistance to homeowners, aiming to make lower lending rates a possibility for millions of borrowers who have not been able to get out from under burdensome mortgages.

February 02, 2012 | | HOME SCENE


Home prices dropped in November in most cities

WASHINGTON (AP) - U.S. home prices fell for a third straight month in nearly all cities tracked by a major index. The declines show that most homeowners are not reaping the benefits from some signs of an improving housing market.

February 02, 2012 | | HOME SCENE


Builders step up spending for 5th straight month

WASHINGTON (AP) - Builders increased their spending in December for the fifth consecutive month, ending a weak construction year on a hopeful note.

February 02, 2012 | | HOME SCENE


Rate on 30-year mortgage falls to record low point of 3.87%

WASHINGTON (AP) - The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed.

February 02, 2012 | | HOME SCENE


Exercising lease option during foreclosure

DEAR BENNY: We have been renting a house with an option to buy for two years now. We recently learned from mail the bank has sent that the property was listed for foreclosure. (No, we have not opened the letters addressed to the owners, but they are from the bank that holds the mortgage and they have been coming every two weeks addressed to both lien holders.) We also received a letter from an attorney indicating that the property was listed for foreclosure.

February 02, 2012 | by BENNY L. KASS Inman News | HOME SCENE


The hottest colors for your home

As you anticipate what exciting things this year will bring, you might notice your home decor has been left behind. Fortunately, you can easily beautify and modernize your home using hints from design experts on the hottest color trends. Don't worry that you'll need to break the bank - simply updating the shades of your walls can create the feel of an entire new home without the cost of buying one. And you'll enjoy starting the year in fresh, contemporary surroundings.

January 26, 2012 | | HOME SCENE


A shocker as agent refunds client’s $20K

DEAR BENNY: I am selling my house and received two offers on the same day: The first offer came in first thing in the morning, and I made a counteroffer. Several hours later there was another offer. My agent informed both buyers' agents of the competing offers and shortly after was informed by buyer's agent No. 1 that his clients had accepted the counteroffer. I rejected offer No. 2, as required, and started packing.

January 26, 2012 | by BENNY L. KASS Inman News | HOME SCENE


Foreclosures made up 20 percent of home sales in 3Q

LOS ANGELES (AP) - Foreclosures made up a smaller slice of all U.S. homes sold in last year's third quarter, as banks delayed placing properties for sale and home sales slowed.

January 26, 2012 | | HOME SCENE


Rate on 30-year fixed mortgage rises to 3.98%

WASHINGTON (AP) - The average rate on the 30-year fixed mortgage rose this week for the first time this month, though it remained below 4 percent for the eighth straight week.

January 26, 2012 | | HOME SCENE


Obama proposes broad refinancing for homeowners including private lenders

WASHINGTON (AP) - President Barack Obama is proposing a program to allow homeowners with privately held mortgages to refinance at lower interest rates.

January 26, 2012 | | HOME SCENE


Savvy bathroom-storage solutions

While the bathroom may be one of the smallest rooms in the home, it is also the area where we store a multitude of items, from cosmetics to cleaners, laundry to linens. With this in mind, it's easy for your bath to feel more like crowded, cluttered chaos than the spa sanctuary we long for it to be.

January 26, 2012 | Chuck Higgs | HOME SCENE


Candidates unloved in FL town hit by foreclosures

LEHIGH ACRES, Fla. (AP) - At Our Daily Bread Food Pantry, the conversation often centers on real estate. Once taboo details - home values and what people paid for their properties - are casually discussed, and there appears to be little shame in walking away from a mortgage or fighting the bank on a foreclosure.

January 26, 2012 | | HOME SCENE


Upgrading your home into home sweet home

Home sweet home. With more homeowners deciding to stay put in their homes, rather than attempting to sell in the current market, that old adage is more meaningful than ever.

January 26, 2012 | | HOME SCENE


Woodside Homes launches ‘40 homes in 40 days’ sales event at neighborhoods

To get a jump on the upcoming spring selling season, Woodside Homes has started a "40 Homes in 40 Days" sales event at communities throughout the Sacramento and Modesto regions. With a lofty goal of selling 40 homes in 40 days or less, the sales teams at all Woodside Homes communities are receiving daily updates and the authorization to do whatever they can to help homebuyers purchase a new home now.

January 19, 2012 | | HOME SCENE


Applying new home trends to remodeling

A significant shift in consumer preference in new home purchases is the latest by-product of the still-struggling economy. The residential construction market is shrinking and so are houses.

January 19, 2012 | | HOME SCENE


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Articles by Section - HOME SCENE


THE BIG SQUEEZE

LOS ANGELES (AP) - Living in an apartment? Expect your rent to go up again.

April 17, 2015 | | HOME SCENE


5 upgrades for under $5,000 to lure buyers

It's a sobering truth of real estate that sellers often have to spend money to make money. Even if your home is relatively new, you still face costs associated with getting it ready to show, such as repainting interior rooms or hiring professional cleaners and stagers. If your home could use some TLC and updating, spending as little as $5,000 on key upgrades could improve its appeal for buyers - and ensure a speedier sale at a better price.

April 17, 2015 | | HOME SCENE


Demystifying 2015 kitchen design trends

Every new year brings along new design trends, with homeowners often feeling the pressure to mix up their kitchen interiors to keep things current. But the truth is, when embarking on any renovation project, incorporating more timeless (and less trendy) assets will save both time and money in the long run. This ensures any kitchen styling stays current and "fits in" no matter which way the design pendulum swings.

April 17, 2015 | | HOME SCENE


Tips for parents considering helping their child buy a home

Rising prices and a dearth of homes for sale in many markets have made it harder for many looking to buy their first home.

April 17, 2015 | ALEX VEIGA AP Business Writer | HOME SCENE


House approves legislation to ease rules on home loans

WASHINGTON (AP) - The House on Tuesday overwhelmingly adopted legislation to ease some mortgage lending requirements of the sweeping 2010 law reining in banks and Wall Street as the Republican majority continues its assault on the so-called Dodd-Frank law enacted after the financial crisis.

April 17, 2015 | | HOME SCENE


California home prices reach new 7-year high, sales rebound

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 17, 2015 | | HOME SCENE


OAKWOOD SHORES

Oakwood Shores is not just among a handful of neighborhoods surrounding private lakes in the Northern San Joaquin Valley but it has another feature that few of those have - a gated community with 24-hour security patrols.

April 10, 2015 | Dennis Wyatt | HOME SCENE


Your perfect State of home Organization

Life gets busy and clutter has a way of sneaking up on everyone. It may be all those shoes, the lack of space or the fact that you have absolutely no time - there are many reasons for the mess. But, whether you're a single person living in an apartment or have a large family in a sprawling house, everyone can benefit from more organization. By simply thinking about storage differently and coming up with a smart organizational system that works for you, you'll be on the way to creating a well-balanced, happier home.

April 10, 2015 | | HOME SCENE


Five projects to help redo your basement

Have you ever wished you had more space in your home? Maybe you'd use the space to pursue a hobby, host out-of-town guests or just spread out and get some quiet time to yourself. The space you desire could already be in your home in your basement. If your cellar is nothing but a series of unfinished areas used for storage, you're not getting all the benefits you could be from the space.

April 10, 2015 | | HOME SCENE


TRID could delay closing of escrow

LOS GATOS (AP) - Members of the real estate industry are getting ready for a new regulation scheduled to take effect this summer that requires changes to the traditional mortgage loan acquisition process. The upcoming TILA-RESPA Integrated Disclosure rule takes effect Aug. 1 and, if not understood by all parties involved, could delay the closing of escrow. Issued by the Consumer Financial Protection Bureau, TRID combines the mortgage disclosure established by the Truth-in-Lending Act and the Real Estate Settlement Procedures Act into one single rule. However, according to a lender panel at a Silicon Valley Association of Realtors meeting, the move ...

April 10, 2015 | | HOME SCENE


SHARED HOUSING TREND GROWS

BOWIE, Md. (AP) - In 2008, Bonnie Moore was going through a divorce. And as she was adjusting to a one-income lifestyle, the recession hit and her five-bedroom, three-bathroom home lost half its value.

April 10, 2015 | | HOME SCENE


Ripon launches effort to conserve energy & water

Ripon has launched the HERO Property Assessed Clean Energy (PACE) Program, which enables homeowners and commercial property owners to make energy- and water-efficiency improvements and pay them off through their property tax bill.

April 10, 2015 | | HOME SCENE


Latest tool for selling real estate: FaceTime

REDWOOD CITY (AP) - Real estate agent Julie Ray has come of age in the red-hot housing market. But this was a first: zooming through a $1.7 million house with her iPhone, she used its FaceTime video application to send images of the property -- including bathroom tile and a backyard lemon tree - to the prospective buyers in Switzerland.

April 10, 2015 | | HOME SCENE


30-year mortgage falls to 3.66%

WASHINGTON (AP) - Average long-term U.S. mortgage rates declined this week, approaching historically low levels with the spring home-buying season underway.

April 10, 2015 | | HOME SCENE


LIVE IN A PORSCHE?

SUNNY ISLES BEACH, Florida (AP) - The wow factor for Miami's skyscraper condos no longer comes from a dazzling Atlantic Ocean view.

April 03, 2015 | | HOME SCENE


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