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Archive By Section - HOME SCENE


Do-it-yourself deck-building tips

Looking for a way to enhance the use and enjoyment of your outdoor space? A deck addition may be the solution. A deck creates a designated area for entertaining and relaxing outdoors, while increasing homeowner satisfaction and home value. If you're a motivated do-it-yourselfer, building your own deck can be a fun and rewarding challenge that saves you money and ensures your outdoor space is tailored to suit you and your home.

May 03, 2012 | | HOME SCENE


Construction spending barely increased in March

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.

May 03, 2012 | | HOME SCENE


Rate on 30-year mortgage hits record low of 3.84 percent, 15 years at 3.11%

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.

May 03, 2012 | | HOME SCENE


Creating a mortgage for your relatives

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?

May 03, 2012 | By TERRY SAVAGE Financial Advisor | HOME SCENE


Rent may be free, but taxes and maintenance are not

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

May 03, 2012 | By BENNY L. KASS Inman News | HOME SCENE


Enjoying the view enjoy from your home

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).

May 03, 2012 | | HOME SCENE


Two-bedroom homes show signs of being on road to recovery

It was one of those conversations that tend to stick with you.

April 27, 2012 | Dennis Wyatt | HOME SCENE


US new-home sales off 7 percent in March

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.

April 26, 2012 | | HOME SCENE


Contracts for homes rose last month

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.

April 26, 2012 | | HOME SCENE


Rate on 30-year mortgage dips to 3.88 percent

WASHINGTON (AP) - The average rate on the 30-year fixed mortgage has dipped to near its record low, keeping home-buying and refinancing affordable.

April 26, 2012 | | HOME SCENE


Up in smoke: Don't let a grilling mishap ruin your summer cookout

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.

April 26, 2012 | | HOME SCENE


Foreclosures squeezing US home prices and sales

WASHINGTON (AP) - Rising foreclosures are weighing on the U.S. housing market, reducing prices and keeping new-home sales weak.

April 26, 2012 | | HOME SCENE


Disconcerting news may simply be result of warmer winter

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.

April 26, 2012 | By DEBORAH ROMERO Special to the Bulletin | HOME SCENE


Adding child to title when reverse mortgage exists

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.

April 26, 2012 | By BENNY L. KASS Inman News | HOME SCENE


Five renovations to make a bigger splash with your pool

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.

April 26, 2012 | | HOME SCENE


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Articles by Section - HOME SCENE


Solid new-home sales lift hopes for housing market

WASHINGTON (AP) - A surprisingly strong pace of new-home sales last month has boosted hopes that the spring buying season will be solid enough to lift the overall economy.

February 28, 2014 | | HOME SCENE


Average 30-year mortgage rate reaches 4.37 percent

WASHINGTON (AP) - Average U.S. rates on fixed mortgages rose for a third straight week as new data showed a surprisingly strong pace of new-home sales last month. Rates still remain near historically low levels.

February 28, 2014 | | HOME SCENE


Freddie Mac posts $8.6B profit in 4Q

WASHINGTON (AP) - Mortgage giant Freddie Mac posted net income of $8.6 billion for the October through December period, its ninth straight profitable quarter. Earnings were boosted by the continued rise in home prices, which reduced the amounts the company had to set aside to cover losses on mortgages.

February 28, 2014 | | HOME SCENE


Oscar horse race to be a photo finish

LOS ANGELES (AP) - Many of the winners who will take home an Oscar on Sunday have long been forecast, their triumph made seemingly self-evident after months of anticipation. That is, except for one little category: best picture.

February 28, 2014 | | HOME SCENE


ND home prices soar with oil boom

BISMARCK, N.D. (AP) - North Dakota's oil boom isn't just driving up housing prices at the epicenter. Getting a roof overhead is getting more expensive throughout the state, with the average value of a home sold last year topping $200,000 - up more than 20 percent from 2011, a real estate trade group says.

February 21, 2014 | | HOME SCENE


Builder confidence sinks in February

NMEW YORK (AP) - U.S. homebuilders' confidence in the housing market declined sharply this month as the severe weather battering much of the nation keeps many would-be buyers at home.

February 21, 2014 | | HOME SCENE


Put your decorating fears to bed by employing the latest color trends

The bedroom is an oasis. It's the place where you wake up, energized and ready to start the day, as well as where you slip away and unwind from the day's activities. This is the one room that is truly yours, so make sure it's a reflection of your personality.

February 21, 2014 | | HOME SCENE


Put your decorating fears to bed by employing the latest color trends

The bedroom is an oasis. It's the place where you wake up, energized and ready to start the day, as well as where you slip away and unwind from the day's activities. This is the one room that is truly yours, so make sure it's a reflection of your personality.

February 21, 2014 | | HOME SCENE


4 quick color tips to awaken your home

While many resolutions are based on eating healthier and exercising more, homes rarely receive the same promise of improvement. This year, resolve to give your home some attention by committing to a new coat of paint. Painting can be a quick and cost-effective way to refresh your home, so consider updating several spaces for a clean start.

February 21, 2014 | | HOME SCENE


Foreclosure rate almost back to normal

Good news.

February 21, 2014 | Dennis Wyatt | HOME SCENE


Storms put chill on new housing starts

WASHINGTON (AP) - U.S. home construction fell in January for a second month but the weakness in both months reflected severe winter weather in many parts of the country. The expectation is that housing will deliver another year of solid gains, helped by an improving economy.

February 21, 2014 | | HOME SCENE


Average 30-year loan rate up to 4.33 percent

WASHINGTON (AP) - Average U.S. rates on fixed mortgages rose this week but remained near historically low levels.

February 21, 2014 | | HOME SCENE


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