SAN DIEGO (AP) - Home sales rose sharply in California last month as investors snapped up the lowest-priced properties, often paying cash, a research firm reported Thursday. Prices continued to fall.
Purchasing a home can be the most rewarding - and also the most frustrating - financial transaction of your life. Especially today, when the news is filled with stories about the great market conditions for buyers. One aspect of the home buying process that's often overlooked is the extra cost that interest from a home loan adds to the total price of the home.
WASHINGTON (AP) - A federal court has frozen assets at five California companies that are being investigated for trying to scam U.S. homeowners facing foreclosure.
WASHINGTON (AP) - U.S. builders are betting that the housing market is finally on the path back to health.
WASHINGTON (AP) - U.S. home sales are gradually coming back. A mild winter and a stronger job market have helped boost sales ahead of the crucial spring buying season.
WASHINGTON (AP) - The Federal Reserve said Monday that it plans to fine eight additional U.S. bank holding companies for improperly foreclosing on homeowners.
WASHINGTON (AP) - The average U.S. rate on a 30-year fixed mortgage rose above 4 percent for the first time in five months. The sharp increase suggests the window to buy or refinance a home at historically low rates is closing.
By now you have probably seen at least one AT&T commercial that talks about how fast their phone service is and how they use the expression "That's so 42 seconds ago"...Well that is pretty much the same thing that can be said for mortgage rates. Any advertising you see this week about rates is going to be off by more than ¼% because those ads per place more than a week ago.
DEAR BENNY: I own two properties and would like to sell my current residence to my daughter and her husband, and move into the other. Its assessed tax value is about $150,000, but I'd like to sell it to them for about $200,000 interest-free. Both my houses are paid off so I don't need any down payment from them.
There's no doubt that we're a connected society - and connected like never before through email, social networks, video conference technology, instant messaging, smart phones, the list goes on. While this influx in connectivity has made it easier to do business, it has also blurred the lines between work and home life, resulting with many of us working in our homes at least a few hours each week. If your kitchen countertop has become your go-to place for paying bills, responding to emails and conducting business, it may be time to consider adding a dedicated office space in your ...
Spring is here, which means one thing: it's time to get your home in tip-top shape. By completing a few easy tasks, you can spend more time soaking up the sun and less time on interior projects. Here are five ways to spruce up your home this spring to prepare for a relaxing summer - and give your home that "spring cleaning" feel without spending the entire spring, well, cleaning.
LOS ANGELES (AP) - Foreclosure activity surged last month across about half of the nation's states, as banks tackled a backlog of homes with mortgages that had gone unpaid yet remained in limbo due to delays stemming from foreclosure-abuse claims.
JONESBORO, Ark. (AP) - Single mother Melissa Davis used to live in public housing but dreamed of owning her own home.
WASHINGTON (AP) - The average rate in the U.S. on the 30-year fixed mortgage hovered near historic lows this week, making home-buying and refinancing more attractive to those who can qualify.
Last week I talked about how I am seeing more "for sale" signs coming out on properties in my area. Reports around the country are similar to mine and it appears that homeowners who have been waiting to sell, are beginning to believe that the market is turning and that now is time to test the waters.
No matter if you live on a coast or in the Upper Midwest, you can use your outdoor spaces to the fullest in any season by adding a few enhancements. Whether you do it yourself or hire a professional, it's easy to add features like a seat wall and a fire ring for an outdoor gathering spot, or an outdoor kitchen to create the taste of summer all year. A few simple improvements can help you create a space that keeps you outside longer into the night, earlier in the spring and later into the cooler seasons.
How much time do you spend in the bathroom each day? Whether it's where you prep the kids for bed or step away for some alone time, the bathroom is one of the most frequently used rooms in the home. It's also one of the best areas in which to invest; renovating or simply updating this space can lead to a 62 percent return on investment.
The recovering U.S. housing market has led to increased demand for certain luxury items, including hardwood flooring. Exciting trends are influencing the marketplace and for today's consumers, there are more hardwood flooring options than ever before.
WASHINGTON (AP) - Fewer Americans signed contracts to buy previously occupied homes in December, suggesting a slowdown in real estate. Pending home sales fell to the lowest point since October 2011.
WASHINGTON (AP) - Average U.S. rates for fixed mortgages slipped this week as new data showed a decline in home prices in November and a drop in new homes sales last month.
WASHINGTON (AP) - U.S. sales of new homes fell in December for a second consecutive month but even with the pause at the end of the year, sales for all of 2013 climbed to the highest level in five years.
WASHINGTON (AP) - U.S. home prices fell slightly in November as colder weather slowed buying, ending nine straight months of price gains.
To the Good Old Real Estate Boys: My wife and I are having a rather heated disagreement about adding a room onto our home. The man of the house, that's me, wants a man cave where I can go and watch the 49ers on Sunday afternoon with a few friends, male of course, or maybe on a special day like New Year's go and spend the entire day watching the college games. The Olympics are coming and I could go shut the door and just enjoy on my big screen. On the flip side my beautiful, kind wife ...
GRANBURY, Texas (AP) - The sign in front of the historic Brazos Drive-In says "closed."
Renew. Rejuvenate. Reinvigorate. The same objectives people have when making their personal New Year's resolutions can be just as easily be applied to their homes. There's no better time to give a home a fresh look, whether it's incorporating a new color palette, adding accessories, repurposing furniture or putting something interesting up on the walls.
Remodeling trends come and go, which is a good thing if you're talking about shag carpet or avocado-colored Formica. But some trends have both staying power and universal appeal, such as the strengthening movement toward homes that are more energy efficient and eco-friendly.
Q: We purchased a home in northern Indiana and are trying to sell our other home in Indianapolis.
WASHINGTON (AP) - Average U.S. rates for fixed mortgages changed little this week.
WASHINGTON (AP) - U.S. home construction slowed in December but ended 2013 with the best showing since the housing bubble burst.
Hey Real Estate Boys; It's a pleasure to be able to ask for your guidance. I have heard there are a lot of changes coming in 2014 as to lending. Can you Boys help me understand what changes are here now that we're in January? Also, let's hope the 49ers beat the Seahawks and are heading to another Bowl appearance. GO '9ERS.