Bigger isn't always better in the real estate world, and what's more, it's not always possible. With more baby boomers downsizing from McMansions to smaller, more manageable houses, and a growing number of people opting to rent rather than buy, many families are looking for new ways to decorate, design and work with smaller spaces.
WASHINGTON (AP) - Timothy Mayopoulos, the general counsel of Fannie Mae, will be the next CEO of the government-controlled mortgage giant.
WASHINGTON (AP) - Average U.S. rates on 30-year and 15-year fixed mortgages this week fell to fresh record lows for the sixth straight week. Cheap mortgages continue to help boost prospects for home sales this year.
DEAR BENNY: I am 58 years old and married. My total household income is less than $50,000. I have no mortgage; however, I do have a line of credit with $130,000 owed.
Nowhere else in the home must design and function marry as harmoniously as in the kitchen. The most-used room in the house is also the one where we spend the most work and leisure time, the one that gets the most scrutiny from potential buyers and the spot where most renovation dollars get spent.
Here's a silver lining to the foreclosure crisis: There's anecdotal evidence it is leading to the improvement of older housing stock in Manteca.
The kitchen and bathroom are at the top of most home remodeling project lists. But homeowners intent on remodeling should also consider investing in the exterior of their homes - maybe even start there.
WASHINGTON (AP) - A gauge of Americans who signed contracts to buy homes fell in April from nearly a two-year high in the previous month.
Summer is finally here, and with warmer temperatures and longer days, it's the perfect time to brighten up your home with a few outdoor painting projects. You can add the right amount of color and increase your curb appeal in just one weekend, leaving you the rest of the season to enjoy the finished product.
LOS ANGELES (AP) - Homes in some stage of the foreclosure process saw their share of overall U.S. home sales grow in the first quarter even as sales of bank-owned homes fell.
WASHINGTON (AP) - Congress has given itself two more months to come up with long-term solutions for the debt-burdened federal program that provides insurance for homes and businesses in areas subject to flooding.
DEAR BENNY: You frequently write about the stepped-up basis when a property is inherited. In today's market, however, you may find the reverse situation.
Wood is one of the oldest building materials we know, and one of the most beloved. It's a love affair that has lasted - like hardwood itself - through the centuries, from the log cabins of earliest America into the early 21st century.
Window boxes overflowing with blooms, decorative pots lining the driveway with striking colors, and even a flowering vine climbing up the mailbox - the growing season have arrived, and it is time to decorate the landscape.
ST. LOUIS (AP) - Foreclosed homes typically sell cheap, but just how cheap is surprising some buyers in the St. Louis area.
Small yards, city dwelling or soil that's sandy, rocky or full of clay - it seems no obstacles can keep Americans from the joys of gardening. More than 78 million U.S. households grow gardens, according to the Garden Writers Association Foundation, and many of them don't have optimal conditions to plant their gardens in the ground. When space constraints or soil conditions make traditional gardens impossible or inconvenient, gardeners turn to raised beds and planter boxes to grow the vegetables, herbs and flowers they crave.
Remember when brass fixtures and mauve countertops were all the rage in kitchen design? How about the days of shag carpet (yes, in the bathroom) and avocado tile? Fortunately, those particular trends have come and gone. And, whether you embraced them or not, they did have an influence on the space you live in right now. Take a look through the decades to see how decor styles have evolved into the modern kitchens and bathrooms of today.
Home improvement season is in full swing, and homeowners across the country are deciding which projects to tackle this year. By taking a strategic approach to selecting home improvements, you can go beyond adding value to your property - you can also boost your comfort and safety as well.
WASHINGTON (AP) - A fourth straight monthly increase in sales of existing homes provided the latest evidence Thursday that the U.S. housing market is rebounding from a weak start to the year.
The United States is a country of renovators and remodelers, judging from the steady growth of home improvement projects across the nation in recent years.
WASHINGTON (AP) - Average long-term U.S. mortgage rates declined this week, with the 30-year loan rate hitting its 52-week low.
LOS ANGELES (AP) - Fewer U.S. homeowners are falling behind on their mortgage payments, a trend that has reduced the late-payment rate on home loans to the lowest level in six years, according to credit reporting agency TransUnion.
With autumn just a few short weeks away, many people will soon spend less time on the patio and more time within four walls. Actually, five walls if you include the ceiling.
The appeal of Del Webb at Woodbridge goes beyond the obvious.
Moving up - vacating your current, smallish home for a larger, roomier abode - was the American way before the Great Recession. Now that the economy is humming again, at least some of the people who stayed put during those lean years will be looking to move into larger, nicer homes this summer. High demand and low inventory, however, may leave many with nowhere to go. Some will rediscover a time-honored space-gaining technique: attic conversion.
Summer is here and this is the time when you want to be outside as much as possible, soak up the sun, eat amazing food and enjoy the company of family and friends. You'll also see more of your home's exterior on days like this than any other time of the year so this is also a great time to complete those outdoor projects. In fact, 60 percent of homeowners will accomplish a summer home improvement project this year according to survey data from the Zillow Digs Summer Home Improvement Trend and Spending Survey.
Mom rules the media room, Johnny loves the basement workshop and the kitchen is Dad's domain. Gender roles notwithstanding, each family member has one room where he or she enjoys spending more time. One room, however, is equally used and loved - or reviled - by all: the bathroom.
Most people enter their home through the garage or backdoor, forgetting how the front entrance looks to neighbors and guests. Your front door is often the first thing others notice about your home. That's why it's key to make a positive first impression.
SAN DIEGO (AP) - California home sales declined in July compared to the same time last year as buyers struggled to find something they could afford in the tight market, a research firm said Thursday.
WASHINGTON (AP) - Average long-term U.S. mortgage rates declined this week, approaching their lows for the year.