WASHINGTON (AP) - U.S. builders barely increased their spending on construction projects in March after two straight months of declines. A pickup in single-family home construction and commercial projects offset a steep drop in state and local government building.
WASHINGTON (AP) - Average U.S. rates for 30-year and 15-year fixed mortgages fell to fresh record lows this week, offering more incentive for Americans to buy or refinance homes.
Q: I want to lend my daughter and son-in-law money by making a $200,000 mortgage loan to them. How do I do this to make it legal, so I can pay taxes on the income and they can get a tax deduction on the interest and I can earn more than I would on a bank CD?
DEAR BENNY: My cousin and disabled elderly aunt are living in a house that my aunt sold about four years ago in which the agreement included lifetime living rights without the stipulation of rent payment or payment for taxes. Does the owner have the right to demand rental payments now? Is there a website that I might be able to check to find out more information for them? --Patti
With temperatures on the rise, it's time to get outside to relax with family and friends. Today's homeowners want their outdoor spaces to be an extension of their homes, with 80 percent saying a patio or front porch are "must haves," according to a survey of residential architects by the National Association of Home Builders (NAHB).
It was one of those conversations that tend to stick with you.
WASHINGTON (AP) - Sales of new homes fell in March by the largest amount in more than a year, indicating that the U.S. housing market remains under strain despite some modest signs of improvement.
WASHINGTON (AP) - An index that tracks the number of signed contracts to buy U.S. homes rose to its highest level in nearly two years last month, the latest sign the battered housing market is slowly improving.
WASHINGTON (AP) - The average rate on the 30-year fixed mortgage has dipped to near its record low, keeping home-buying and refinancing affordable.
What starts out as a fun summer evening with a few friends can quickly become a reminder that not paying attention while grilling can be dangerous.
WASHINGTON (AP) - Rising foreclosures are weighing on the U.S. housing market, reducing prices and keeping new-home sales weak.
Gee, it has been a while since we had a week like this on the economic front. With the exception of mortgage rates declining slightly, and the retail sales report coming in better than expected, the bulk of the economic data and market news this week has been pretty disconcerting.
DEAR BENNY: My mother has a reverse mortgage on her home, taken out after my father died when as the survivor her name alone was on the title. The usual terms of the reverse mortgage apply, including the acceleration clause upon death or removal from the home.
If you added a pool to your home in the past few years, or moved into a house with an existing pool, you may wonder what more you can do to enhance the value and enjoyment your pool brings to your home and family. You may even think there's not much you can do beyond keeping it clean and well maintained.
A growing number of two-bedroom, one-bathroom apartments in the more popular complexes in Manteca that were renting for under $750 just a year ago have now topped $800 a month.
WASHINGTON (AP) - Sales of new U.S. homes were basically flat in January, evidence that recent job gains and relatively low mortgage rates have yet to spur the real estate market.
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.
WASHINGTON (AP) - U.S. home sales struck a snow drift in January, plunging to the slowest pace in nine months.
For the first time in six years, Energy Star certification, a standard seal of approval for energy efficiency, has been expanded to include another major household appliance.
Some 37 million residential water heaters gave up the ghost and were replaced over the past five years, according to estimates by the U.S. Department of Energy. While some things get better with age, water heaters aren't among them. In fact, the average life expectancy for a new water heater is 10 to 15 years, with the occasional stoic dinosaur making it two decades or more.
The kitchen is the heart of the home and a top-selling feature with homebuyers. Does yours convey style and functionality? Whether you've just completed a remodel or you're looking for ways to upgrade your existing kitchen, a tile backsplash will instantly transform the space into an eye-catching masterpiece.
A remodeling project is one of the most invigorating lifestyle changes a homeowner can make. However, trusting a contractor with both your home and your money can feel overwhelming. Spare your time, money and sanity by following these steps for choosing the best remodeling contractor:
Every year the Central Valley Association of Realtors recognizes members who have gone above and beyond in the real estate profession and community service. This year CVAR named two recipients as Realtor of the Year - Shelly Bell and Larry Rumbeck - and as Affiliate of the Year, the honor goes to Taylor Phillips.
WASHINGTON (AP) - Average long-term U.S. mortgage rates have risen for a second straight week yet remained near historically low levels.
WASHINGTON (AP) - U.S. home rental prices rose at a steady rate in January, but prices barely budged or even dipped in parts of the Midwest and Mid-Atlantic.
LOS GATOS - As millennials enter the home-buying market in larger numbers, builders say homes will get a little smaller, energy-efficient appliances and laundry rooms will be essential, and home technology will become increasingly prevalent. These predictions are based on two surveys conducted by the National Association of Home Builders, one asking home builders what features they are most likely to include in a typical new home this year, and one asking millennials what features are most likely to affect their home-buying decisions. Of the top 10 features mentioned by home builders, four have to do with energy efficiency: low-E windows ...
While you're making resolutions and setting goals, consider adding updating the look of your home to your list. If your walls are looking a little dated, follow these five color suggestions to give your space a renewed look.
WASHINGTON (AP) - Average long-term U.S. mortgage rates rose this week yet remained near historically low levels.
HONOLULU (AP) - Shipping containers: They're strong, durable and portable, stack easily and link together like Legos.
You've been dreaming about digging in your garden, changing your landscaping or improving your house all winter long. Finally the weather is nice, your yard is clear and dry, and it's time for you to get your hands dirty. With the right tools and equipment, you can get all your DIY tasks done while saving time, money and elbow grease.