DEAR BENNY: Could you advise me of the appropriate (and legal) way to compensate the buyer's agent we used for our unsuccessful house hunt?
WASHINGTON (AP) - U.S. sales of new homes jumped last month to the highest level in more than two years, further evidence of a sustained housing recovery that could help lift the lackluster economy.
Driven by a growing senior population, soldiers returning home injured from war and the ongoing obesity epidemic, mobility and home accessibility issues are becoming more commonplace in America. In response, companies today are creating innovative home solutions that focus on both improved form and function, and serve to create welcome alternatives to traditional solutions for homeowners with mobility and home access challenges.
The State of California has benefited handsomely from the misery of those in the Golden State who lost their homes in the foreclosure crisis.
Why is it that some people can do daring things with color in their living rooms or bedrooms, but stick with the strongholds of beige and white in their kitchens and baths? As bright hues are surfacing in kitchen and bath design trends, existing oft-neutral palettes make it easy to introduce bold splashes.
If you know a senior homeowner who is running out of money, a reverse mortgage might generate enough cash to allow them to stay in their home for many more years. Last fall, the Federal Housing Administration created new rules, and opportunities, for lower-cost reverse mortgages. Now that most lenders have launched these new products, it's worth an updated look.
NEW YORK (AP) - For banks, mortgage-making kept profits humming before the financial crisis, then blackened reputations and stamped out earnings when the crisis hit.
SAN DIEGO (AP) - Home foreclosure activity in California fell to a new five-year low in the third quarter as rising prices eased pressure on homeowners and lenders, a research firm said Wednesday.
DEAR BENNY: For the life of me I cannot fathom why all real estate people insist borrowers keep a mortgage going. My husband and I bought our house and paid it off in five years. Now, instead of getting a deduction off our taxes, we have our paychecks free and clear. I cannot see how paying $1,000 a month for 30 years would have been better. With that money in pocket we amassed nearly $1 million in savings. Here is what it allowed us to do:
WASHINGTON (AP) - The average U.S. rate on a 30-year fixed mortgage has fallen to near its record low set earlier this month.
LOS ANGELES (AP) - Confidence among U.S. homebuilders remains at its highest level in six years, reflecting improved optimism over the strengthening housing market this year and a pickup in visits by prospective buyers to builders' communities.
When you finally tackle that home improvement project you've been planning for a while, you're probably eager to get the job done quickly, well and on-budget. Injuries can delay your project, and cost money for medical expenses or even time lost from your job. It's important to take steps to prevent injury.
It's easy to instantly trim your energy consumption and boost the eco-friendliness of your home. The key to easy energy savings is lighting. Though for many homeowners and renters, knowing how and what to do to improve their home's lighting energy efficiency can be confusing.
Gas prices - which appear to be heading toward $5 a gallon -may be a wild card in the Manteca housing market recovery but not in the way you might think.
For a basic green living project with benefits to your wallet and the environment, consider revamping the kitchen pantry. The cupboard is the starting point for most kitchen activity and is more than just a storage space. Develop good buying habits and build a strong foundation and you can avoid the waste of food and money. Here's how to tackle the task at once or little by little.
Move over kitchens and bathrooms, homeowners are focusing on a new part of the home: the garage. No longer just a place to park the car and lawn equipment, today's garages are getting bigger and better. Here are a few quick and easy projects to create a useful and organized garage.
Don't sweat it if your home doesn't have central air-conditioning. Whether you live in an older house that can't accommodate ductwork, or you don't want to sacrifice your interior aesthetics with an unattractive air conditioning unit, you can still keep your home feeling - and looking - cool this summer with advanced air conditioning technology.
WASHINGTON (AP) - A key long-term U.S. mortgage rate dipped this week, the second drop after a large increase two weeks ago.
The addition of a new pet to the family is always a cause for celebration. Stress can occur, too, no matter how welcome the new addition. When you're thinking about adopting a pet from an animal shelter, some preparation can help ensure he or she is as safe and happy as possible.
As winter temperatures drop, the potential for higher utility bills goes up. Taking steps ahead of the cold season can help you trim costs and make your home more energy efficient, keeping those utility bills in check even as the winter weather rages.
Kitchen and bathroom remodeling projects can significantly add comfort, improve functionality and increase the home's resale value. Whichever reason drives homeowners to complete an improvement project, they need to pick one that also delivers a return on investment.
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.