DEAR REAL ESTATE BOYS: I read your articles in the paper weekly, but I'm not really sure why, because you Boys seem to make fun of your profession. Your answers are normally done with a joke and you both just think you are funny. All that said, I am writing you because you usually write quarterly about the market and where the market might be heading. Could you please give your readers an update on the market?
When it comes to trends in interior design, the forecast through 2014 is looking bolder, brighter and more adventurously colorful than has been seen in a while. Up-and-coming palettes are earning descriptions including "youthful," "vibrant" and "positive," heralding the rebounding market's ready return to color.
Coming home from a long work day to a place of peace, quiet, relaxation and even harmony is a dream for many homeowners. And by creating an outdoor sanctuary in the backyard, this private place of solace will become the first destination for all members of the family when they need a break.
In this instant-gratification era, instant makeovers - from week-long juice diets to weekend home renovations - are a top 2013 trend. And according to Yahoo! Homes, so are instant kitchen updates achieved by refacing cabinets.
The good news: Rents and home prices are moving up.
SAN DIEGO (AP) - California's home prices are bouncing back at a record pace.
WASHINGTON (AP) - Average rates on U.S. fixed mortgages declined this week as concern waned in the financial markets over the Federal Reserve's possible slowing of its bond purchases this year.
QUESTION: My husband and I purchased a home in October 2010 using a Federal Housing Administration mortgage through Bank of America. We had a 30-year fixed rate mortgage with a private mortgage insurance requiring "up-front" money of $4,635.61 and a monthly premium. Luckily we were able to sell our previous home which was mortgage free and, together with savings, paid off this mortgage in February 2013 - about 28 months into the 30-year commitment. The FHA/HUD website states that a refund of some of the premium money is available if the following three criteria are met:
WASHINGTON (AP) - U.S. builders started work on fewer homes in June, mostly because apartment construction fell sharply. But applications for permits to build single-family houses rose to the highest level in five years, suggesting the housing recovery will continue.
Home cooling costs rise with the temperature, making many homeowners dread the arrival of their monthly electric bill during the good ol' summertime. Fortunately, with a few simple strategies, it's easy to cut down on cooling costs so you can enjoy summer, even through record-high temperatures.
Hey Real Estate Boys: My husband and I are thinking of jumping into the housing market and have a question about the costs of the purchase. My husband says the down payment is just that, the down payment. OK, then what other associated costs are there for us to consider? We have yet to meet with a lender and have not even thought of looking at homes, but we sure would love to own rather than rent. We both work and have saved up what we consider a tidy sum of money. Our hope is to buy something at about ...
WASHINGTON (AP) - Hundreds of thousands of homeowners facing higher federal flood insurance premiums under reforms passed last year would win a temporary one-year reprieve under a measure that began its advance through the Senate on Tuesday.
LOS ANGELES (AP) - Fewer U.S. homes entered the foreclosure process or were repossessed by banks in June, the latest sign that the nation is shaking off its housing bust hangover.
NEW YORK (AP) - U.S. homebuilders are feeling more optimistic about their home sales prospects than they have in more than seven years, a trend that suggests home construction will accelerate in coming months.
Autumn is on the way, so don't fall behind on your seasonal home repairs checklist. It pays to know which renovations to tackle now, which repairs can wait until next season, and what preventative measures can help you avoid large-scale, costly repairs.
LOS GATOS (AP) - Members of the real estate industry are getting ready for a new regulation scheduled to take effect this summer that requires changes to the traditional mortgage loan acquisition process. The upcoming TILA-RESPA Integrated Disclosure rule takes effect Aug. 1 and, if not understood by all parties involved, could delay the closing of escrow. Issued by the Consumer Financial Protection Bureau, TRID combines the mortgage disclosure established by the Truth-in-Lending Act and the Real Estate Settlement Procedures Act into one single rule. However, according to a lender panel at a Silicon Valley Association of Realtors meeting, the move ...
BOWIE, Md. (AP) - In 2008, Bonnie Moore was going through a divorce. And as she was adjusting to a one-income lifestyle, the recession hit and her five-bedroom, three-bathroom home lost half its value.
Ripon has launched the HERO Property Assessed Clean Energy (PACE) Program, which enables homeowners and commercial property owners to make energy- and water-efficiency improvements and pay them off through their property tax bill.
REDWOOD CITY (AP) - Real estate agent Julie Ray has come of age in the red-hot housing market. But this was a first: zooming through a $1.7 million house with her iPhone, she used its FaceTime video application to send images of the property -- including bathroom tile and a backyard lemon tree - to the prospective buyers in Switzerland.
WASHINGTON (AP) - Average long-term U.S. mortgage rates declined this week, approaching historically low levels with the spring home-buying season underway.
SUNNY ISLES BEACH, Florida (AP) - The wow factor for Miami's skyscraper condos no longer comes from a dazzling Atlantic Ocean view.
Whether you've heard it in the office, a classroom or a soccer field, that old saying about mistakes being valuable learning tools really rings true, doesn't it? If those mistakes occur during the course of a kitchen renovation, however, it may be difficult to be philosophical about them. Bungle a kitchen redesign, and you'll either have to live with the consequences for a long time or invest even more money to correct them.
Now that warmer weather is here, you want to spend as much time outdoors as possible - and that includes mealtime. But what if your outdoor kitchen space is lacking? Worry not! There are several easy, affordable projects that can help you transform the area into the perfect cooking and entertaining area. Give these projects a try to recreate your space.
WASHINGTON (AP) - U.S. home prices rose at a steady pace in January, pushing prices up at a faster pace than wages and putting more homes financially out of reach for would-be buyers.