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.
She's a single woman in Manteca in her 50s.
Selling or staying, it makes no difference - everyone wants a home that looks great from the curb. Curb appeal comes together when all the elements of a home's facade are in good shape and working together. Driveways that are cracked or pitted with potholes, dingy front doors and other seemingly minor complaints like a shabby, scuffed mailbox, can all significantly detract from a home's overall curb appeal.
WASHINGTON (AP) - Average long-term U.S. mortgage rates declined slightly this week, after marking their largest one-week gain of the year the previous week.
If you'll be putting your home on the market this year, simple, cost-effective upgrades can help ensure a speedy sale at a good price.
Do's and don'ts for making your next tile project perfect
Beautifying your bathroom sounds exciting but oftentimes renovation plans begin with good intentions and end up a long, costly nightmare. The national average cost for a bathroom remodel is $10,142, according to the Cost Guide from HomeAdvisor.com. That's a hefty investment but one that can easily be reduced with a simple refresh of the space instead. Here are five cost-effective updates you can make to your bathroom in as little as a weekend.
You don't have to buy in Stockton's Quail Lakes or Brookside neighborhoods if you want to live on the water.
Every generation of homeowners has its design priorities. Baby boomers look for home design that will let them age in place, while generation X wants features that facilitate busy lifestyles. Millennials crave interior decor that meshes with their technology, blending energy efficiency, family-friendly features and plenty of personalization. Since many millennials are starting out in their personal and professional lives, affordability is also a priority.
Most of us spend our day multi-tasking. At work or home, we want to maximize our time and resources in order to accomplish the most work while expending the minimum required effort. Home improvement should be no different. In order to make the most of your home improvement resources, it makes sense to undertake certain projects in tandem.
Warm weather begs green thumbs across the country to break out their gardening gloves and till the soil for the season's plantings. Whether this is your first year tending a home garden or it's something you've been doing for decades, gardening offers many rewards, including time spent outdoors, the ability to feel closer to Mother Nature, and of course, the fresh fare plucked just steps from your kitchen.
Hand-planed, reclaimed hardwood floors? Beautiful but pricey. Custom drapery? The cost can be blinding. When it comes to home decorating, it's easy to blow your budget on one or two upgrades - and maybe that would be OK if those improvements also amped up the drama in your decor. Too often, however, costly decorating ploys disappoint, wearing out or becoming dated before you've paid off the financing.
IRVINE (AP) - The number of homes sold in California fell to the lowest level for an August in four years as a supply crunch pushed prices higher and kept homes out of reach for many buyers, a real estate research company reported Thursday.
River Islands at Lathrop - situated to become the most high-profile community development in the 209 for the next 20 years - is marking its grand opening today.
Green living not only helps the environment, it helps your pocketbook. When making upgrades to your home - whether it's replacing a light bulb or a total living room makeover - incorporate energy-efficient and repurposed materials to make your living space more environmentally friendly.
Whether in a workshop, garden or garage, American men have always enjoyed their personal spaces. With the rise of flat-screen technology, having a "man cave" became an official home improvement trend. In fact, a 2013 survey by online retailer Newegg found that more than half of American homes now have a man cave. Now, after more than a decade of partying, man caves have matured.