Buyers are still clamoring for real estate deals in this turbulent market. Foreclosures and short sales offer some of the best bargains, but also have a higher risk level. Still, more than four in five adults think foreclosures and short sales can be good deals, according to a recent American Society of Home Inspectors (ASHI) survey.
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.
WASHINGTON (AP) - Americans bought homes in October at the briskest pace this year, a sign that the sluggish housing market is turning around.
Ever since humans stopped dwelling in caves and started living in huts made of tree branches, wood has been an indispensible structural and decorative residential material. Man's house-building relationship with wood - historically, culturally and experientially - is deep, long and universal. In part that's because wood is abundant, economical, durable and flexible. But our enduring love affair with wood is also due to the fact that, like us, each piece of timber is unique - its color, texture and grain are as individual as a human personality, so we keep discovering new aspects of its beauty and versatility to delight ...
To satisfy homeowners seeking to add a signature style to their indoor living spaces, more and more design professionals and builders are going back to basics and rediscovering the versatility, durability and good looks of cypress.
Prioritizing a home-improvement wish list is never easy. Do you put design and aesthetics ahead of functionality? Or do you choose comfort and convenience over energy efficiency and cost savings?
WASHINGTON (AP) - Construction of new homes fell slightly in October after a big surge in the previous month, but the weakness was largely driven by the volatile apartment sector.
WASHINGTON (AP) - Average U.S. long-term mortgage rates continued to tick down this week, remaining close to yearlong lows.
WASHINGTON (AP) - The Federal Housing Finance Agency has yet to deliver on changes to a controversial type of homeowner's insurance even as its director told the Senate Banking Committee on Wednesday that it's making progress.
The holidays are coming up quickly, and that means there's plenty of reason to celebrate. Whether you're throwing a party for the first time or you're continuing a long-running annual tradition, hosting a festive celebration with friends and family is a lot of work and always worth it. This year, take your party to the next level to truly impress your guests - without breaking the bank.
Designers are often drawn to a simple, modern look - however, layering unique patterns and textures in the home is a quickly growing trend. Keep your space harmonized, yet distinct, with the tips outlined below.
Looking for a home that does more than put on a good facade from the curb?
Last winter's polar vortex not only affected the majority of the country with subfreezing temperatures, but wreaked havoc on utility bills. In fact, consumers in 13 states and the District of Columbia used enough energy in January to capture eight of the 10 highest winter demand days on record, according to PJM Interconnection, the electricity grid operator. According to the Farmers' Almanac and other weather predictors, a polar vortex is expected to rear its ugly head again this winter.
It's where some of your best ideas are born, and where you unwind - or get ready - for the day. And although your current shower might be fine, why not make it fabulous? Here are the latest trends and products to create a fantastic shower experience.
WASHINGTON (AP) - A company with ties to the nation's largest overseer of subprime mortgages announced under pressure Wednesday it will stop collecting controversial insurance fees from homeowners whose properties were under foreclosure. The announcement came three months after The Associated Press highlighted its business practices.
WASHINGTON (AP) - Average U.S. long-term mortgage rates edged lower this week, approaching their lows for the year. The benchmark 30-year loan rate hovered near 4 percent.
Its rare today in Manteca to find a newer home with four bedrooms under $150 a square-foot that is in move-in condition in a desirable neighborhood.