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Archive By Section - HOME SCENE


Rate on 30-year mortgage falls to record low point of 3.87%

WASHINGTON (AP) - The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed.

February 02, 2012 | | HOME SCENE


Exercising lease option during foreclosure

DEAR BENNY: We have been renting a house with an option to buy for two years now. We recently learned from mail the bank has sent that the property was listed for foreclosure. (No, we have not opened the letters addressed to the owners, but they are from the bank that holds the mortgage and they have been coming every two weeks addressed to both lien holders.) We also received a letter from an attorney indicating that the property was listed for foreclosure.

February 02, 2012 | by BENNY L. KASS Inman News | HOME SCENE


The hottest colors for your home

As you anticipate what exciting things this year will bring, you might notice your home decor has been left behind. Fortunately, you can easily beautify and modernize your home using hints from design experts on the hottest color trends. Don't worry that you'll need to break the bank - simply updating the shades of your walls can create the feel of an entire new home without the cost of buying one. And you'll enjoy starting the year in fresh, contemporary surroundings.

January 26, 2012 | | HOME SCENE


A shocker as agent refunds client’s $20K

DEAR BENNY: I am selling my house and received two offers on the same day: The first offer came in first thing in the morning, and I made a counteroffer. Several hours later there was another offer. My agent informed both buyers' agents of the competing offers and shortly after was informed by buyer's agent No. 1 that his clients had accepted the counteroffer. I rejected offer No. 2, as required, and started packing.

January 26, 2012 | by BENNY L. KASS Inman News | HOME SCENE


Foreclosures made up 20 percent of home sales in 3Q

LOS ANGELES (AP) - Foreclosures made up a smaller slice of all U.S. homes sold in last year's third quarter, as banks delayed placing properties for sale and home sales slowed.

January 26, 2012 | | HOME SCENE


Rate on 30-year fixed mortgage rises to 3.98%

WASHINGTON (AP) - The average rate on the 30-year fixed mortgage rose this week for the first time this month, though it remained below 4 percent for the eighth straight week.

January 26, 2012 | | HOME SCENE


Obama proposes broad refinancing for homeowners including private lenders

WASHINGTON (AP) - President Barack Obama is proposing a program to allow homeowners with privately held mortgages to refinance at lower interest rates.

January 26, 2012 | | HOME SCENE


Savvy bathroom-storage solutions

While the bathroom may be one of the smallest rooms in the home, it is also the area where we store a multitude of items, from cosmetics to cleaners, laundry to linens. With this in mind, it's easy for your bath to feel more like crowded, cluttered chaos than the spa sanctuary we long for it to be.

January 26, 2012 | Chuck Higgs | HOME SCENE


Candidates unloved in FL town hit by foreclosures

LEHIGH ACRES, Fla. (AP) - At Our Daily Bread Food Pantry, the conversation often centers on real estate. Once taboo details - home values and what people paid for their properties - are casually discussed, and there appears to be little shame in walking away from a mortgage or fighting the bank on a foreclosure.

January 26, 2012 | | HOME SCENE


Upgrading your home into home sweet home

Home sweet home. With more homeowners deciding to stay put in their homes, rather than attempting to sell in the current market, that old adage is more meaningful than ever.

January 26, 2012 | | HOME SCENE


Woodside Homes launches ‘40 homes in 40 days’ sales event at neighborhoods

To get a jump on the upcoming spring selling season, Woodside Homes has started a "40 Homes in 40 Days" sales event at communities throughout the Sacramento and Modesto regions. With a lofty goal of selling 40 homes in 40 days or less, the sales teams at all Woodside Homes communities are receiving daily updates and the authorization to do whatever they can to help homebuyers purchase a new home now.

January 19, 2012 | | HOME SCENE


Applying new home trends to remodeling

A significant shift in consumer preference in new home purchases is the latest by-product of the still-struggling economy. The residential construction market is shrinking and so are houses.

January 19, 2012 | | HOME SCENE


Mortgage settlement between banks, states getting 'close'

WASHINGTON (AP) - A $25 billion settlement between the nation's major banks and U.S. states over deceptive foreclosure practices during the housing crisis is nearing completion.

January 19, 2012 | The Associated Press | HOME SCENE


Update countertops for a song

Everyone loves granite for kitchen and bath countertops, but many homeowners find this option for adding value to their home, too pricey. When considering a kitchen update I found that granite typically costs $50 to $100 per square foot (including installation).

January 19, 2012 | By ASHLEY FLEMING Special to the Bulletin | HOME SCENE


On the Call: Wells Fargo CEO Stumpf on mortgages

NEW YORK (AP) - Wells Fargo reported gains in its mortgage business for the fourth quarter on Tuesday.

January 19, 2012 | | HOME SCENE


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Articles by Section - HOME SCENE


Home sales rise in October

WASHINGTON (AP) - Americans bought homes in October at the briskest pace this year, a sign that the sluggish housing market is turning around.

November 21, 2014 | | HOME SCENE


Beauty of wood turns homes into architectural masterpieces

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 ...

November 21, 2014 | | HOME SCENE


Cypress adds a signature style to the look of a home

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.

November 21, 2014 | | HOME SCENE


Home improvements that give most bang for your buck

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?

November 21, 2014 | | HOME SCENE


Home starts drop 2.8% in October

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.

November 21, 2014 | | HOME SCENE


30-year mortgage rates drop to 3.99%

WASHINGTON (AP) - Average U.S. long-term mortgage rates continued to tick down this week, remaining close to yearlong lows.

November 21, 2014 | | HOME SCENE


Federal agency yet to act on controversial insurance used by banks

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.

November 21, 2014 | | HOME SCENE


Affordable entertaining ideas for holiday parties

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.

November 14, 2014 | | HOME SCENE


Five home design tips on layering from professionals

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.

November 14, 2014 | | HOME SCENE


THE ENTERTAINER

Looking for a home that does more than put on a good facade from the curb?

November 14, 2014 | Dennis Wyatt | HOME SCENE


Get a jump on this year’s predicted polar vortex

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.

November 14, 2014 | | HOME SCENE


Tips on how to make your bathroom shower sing

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.

November 14, 2014 | | HOME SCENE


Subprime services firm abandons disputed fees

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.

November 14, 2014 | | HOME SCENE


30-year loan rate slips to 4.01 pct.

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.

November 14, 2014 | | HOME SCENE


ORIGINAL OWNERS

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.

November 07, 2014 | Dennis Wyatt | HOME SCENE


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