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Foreclosures comprised smaller slice of 2011 sales

LOS ANGELES (AP) - Bank-owned homes and short sales last year accounted for the smallest slice of overall sales in three years but still made up nearly a quarter of all U.S. homes sold in 2011.

March 01, 2012 | | HOME SCENE


Qualifying for $500K home-sale tax break

DEAR BENNY: My husband and I each have a trust, and our house is in my trust. We have lived in this house for 14 years. If we were to sell it, would we qualify for the $500,000 tax exemption? I understand each person is permitted $250,000, and a couple twice that amount. Does my trust make a difference, and if so, what should we do? --Arlene

March 01, 2012 | by BENNY L. KASS Inman News | HOME SCENE


‘Daylighting' improvements for homes

If your home will be on the market this spring, you're probably looking for every possible edge that will make it stand out to potential buyers. But even if you're staying put, you still want to make your home as attractive and valuable as your budget will allow.

March 01, 2012 | | HOME SCENE


SJ Master Gardeners offer free workshops

The free monthly workshop program offered by the San Joaquin Master Gardeners at the Manteca Public Library is making a comeback following its initial successful run last year.

February 24, 2012 | Rose Albano Risso | HOME SCENE


Oakwood Shores making big splash with lifestyle, price & lakefront access

The next best thing in Manteca housing is here: Oakwood Shores.

February 24, 2012 | Dennis Wyatt | HOME SCENE


Watchdog: Limit Fannie, Freddie legal fees more

WASHINGTON (AP) - The U.S. government regulator for Fannie Mae and Freddie Mac must do a better job limiting legal expenses paid by the two mortgage giants to their former executives facing lawsuits, a new watchdog report says.

February 23, 2012 | | HOME SCENE


Rethinking the yard in drought-stricken regions

LUBBOCK, Texas (AP) - Texans watched disaster unfold slowly last year as a historic drought took a withering toll across the region.

February 23, 2012 | | HOME SCENE


Some money from mortgage settlement to be diverted

JEFFERSON CITY, Mo. (AP) - The ink wasn't even dry on a settlement with the nation's top mortgage lenders when Missouri Gov. Jay Nixon laid claim to a chunk of the money to avert a huge budget cut for public colleges and universities.

February 23, 2012 | | HOME SCENE


Good economic news continues to trickle out

The economic recovery was once again reinforced last week with the majority of data continuing to point towards growth. Retail Sales rose a solid .7% showing that consumers are continuing to increase spending long after the holiday season has ended.

February 23, 2012 | By DEBORAH ROMERO Special to the Bulletin | HOME SCENE


Rising sales point to better year for housing

WASHINGTON (AP) - The housing market is flashing signs of health ahead of the spring-buying season.

February 23, 2012 | | HOME SCENE


Rate on 30-year mortgage rises to 3.95%

WASHINGTON (AP) - The average rate on the 30-year fixed mortgage jumped after standing pat for three straight weeks at record lows. But the rate stayed below 4 percent for the 12th straight week, keeping home-buying and refinancing attractive for those who can qualify.

February 23, 2012 | | HOME SCENE


Seniors: Avoid lump-sum mortgage payoff

DEAR BENNY: I am 74 and recently have been contemplating paying off my condo mortgage. The remainder of the mortgage is $98,000 at 6 percent. Can you help me through this? On the surface it seems like a good idea, but I'm not aware of all the particulars. I am in good health and will not need the $98,000 in the near future. --Dee Dee

February 23, 2012 | | HOME SCENE


Housing agency could run out of money in 2012

WASHINGTON (AP) - The Federal Housing Administration could run out of money over the next year and require a $700 million cash infusion from the Treasury Department to stay afloat, according to the Obama administration's budget request sent Monday to Congress.

February 16, 2012 | | HOME SCENE


Fewer Americans at risk of foreclosure in fourth quarter

WASHINGTON (AP) - The number of Americans at risk of foreclosure is declining, as more homeowners climb out of debt and find steady work.

February 16, 2012 | | HOME SCENE


Rate on 30-year mortgage stays at record 3.87 percent

WASHINGTON (AP) - The average rate on the 30-year fixed mortgage held steady at a record low for a third straight week, offering more incentive to those looking to buy a home or refinance.

February 16, 2012 | | HOME SCENE


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Articles by Section - HOME SCENE


Opening the door to space & privacy is easy

Homeowners, builders and remodelers are always looking for innovative and new ways to enhance existing spaces during home makeovers and room renovations.

June 06, 2014 | | HOME SCENE


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