Last week I talked about how I am seeing more "for sale" signs coming out on properties in my area. Reports around the country are similar to mine and it appears that homeowners who have been waiting to sell, are beginning to believe that the market is turning and that now is time to test the waters.
DEAR BENNY: I own two properties and would like to sell my current residence to my daughter and her husband, and move into the other. Its assessed tax value is about $150,000, but I'd like to sell it to them for about $200,000 interest-free. Both my houses are paid off so I don't need any down payment from them.
NEW YORK (AP) - Bank of America is providing mortgage relief to about 200,000 homeowners.
It's beautiful outside and the last thing you want to do is spend all of your spare time working on your home when you could be playing or spending time with loved ones.
WASHINGTON (AP) - Fixed-rate mortgages remain a bargain at the start of the spring-buying season: The average rate on the 30-year mortgage dipped this week, while the 15-year loan fell to a new record low.
Woodside Homes celebrated the start of its Spring Fling Bonus sales event last weekend, giving buyers their choice of five valuable move-in bonuses with the purchase of a new home.
As the weather gets warmer, fans anxiously wait for their favorite sport to take center stage. College basketball fans fill out their brackets, golfers dust off their clubs and dream about green jackets, baseball diamonds are prepped for opening day and the professional basketball playoff run starts heating up.
WASHINGTON (AP) - President Barack Obama is aiming mortgage relief at members of the military as well as homeowners with government-insured loans, the administration's latest efforts to address a persistent housing crisis.
WASHINGTON (AP) - The Obama administration is offering some relief to homeowners who have government-backed mortgages. Under a program President Barack Obama unveiled Tuesday, the government would cut the fees it charges to insure those borrowers.
The European Debt crisis has been noticeably absent from the news this week. No the crisis is not solved…however it does seem like the imminent reports of a Greek debt default have gone away. The stock market investors don't know what to do with themselves. The market continues to trade within a very narrow range. Gas prices are hurting at the pump but not enough to really have consumers changing their spending habits.
DEAR BENNY: In a recent column you mentioned a renter who has a lease with an option to purchase the property and who makes his rent payments as agreed, but the property owner has not been paying the mortgage and is heading towards foreclosure.
If the warmer temperatures, bright sunshine and greening of spring give you the urge to clean, you're not alone. If you want to make spring cleaning easier, especially outdoor spring cleaning, a little planning will save lots of elbow grease.
Buyers apparently sense a change in the wind.
WASHINGTON (AP) - Home prices fell in December for a fourth straight month in most major U.S. cities, as modest sales gains in the depressed housing market have yet to lift prices.
SACRAMENTO (AP) - State Attorney General Kamala Harris promoted legislation Wednesday to reform the mortgage process in California and provide more protections for homeowners, three weeks after she secured $18 billion for California in a nationwide bank settlement.
The naysayers were insistent.
What are the hottest updates for homes in 2015? The kitchen is one of the most popular rooms in the home to remodel, and for good reason. According to HGTV and Trulia, a kitchen update is one of the secrets to selling your home.
Modern, lively, exciting - if these words don't describe the style of your favorite rooms, an update is in order. Painting is a classic makeover tool for interior spaces. To give your home's aesthetic a boost of personality and style, consider these surprisingly simple DIY paint projects that can be done in one day or less.
The life of a homeowner is unpredictable. It is inevitable you will encounter necessary home fixes and even an occasional disaster. From storm-damaged roofs and extended power outages to a cabinet door ready to fall off its hinges, it's important to fix issues quickly before they become a hazard to your family, pets or visitors.
SAN DIEGO (AP) - California home sales jumped in December, buoyed by a stronger economy and lower interest rates, a research firm said Thursday. Prices rose modestly.
WASHINGTON (AP) - Average long-term U.S. mortgage rates fell for the third straight week, with the benchmark 30-year rate again marking its lowest level since May 2013. The average for a 15-year mortgage, a popular choice for people who are refinancing, dipped below 3 percent for the first time since then.
Painting projects are more popular than ever with do-it-yourselfers with 94 percent planning a painting project in 2015, according to a Sherwin-Williams survey of homeowners. DIYers are also planning their painting projects earlier in the year, with January, February and March marked as popular months to upgrade homes with color.
With so much time spent in the bathroom, it is important to give that space a little TLC like the rest of the home. Almost everyone that enters your home sees your bathroom. From changing accessories to a total bath remodel, it is important that it receives a little refreshment. A bathroom should be an oasis, and the environment that it displays directly correlates with just how relaxing it is.
LAS VEGAS (AP) - Technology forecasters are calling 2015 the year of the Internet of Things - that idea that everyday objects will use sensors and Internet connectivity to start thinking and acting for themselves. At the International CES gadget show this week, I explored many of the elements that could lead to a smarter home. Some were intriguing; others disappointing. Are the capabilities on offer worth the expense and hassle? I'm not entirely convinced.
The start of a new year usually means one thing: endless resolutions. As you bid farewell to the holidays, it's all about what you want to change, upgrade and do better. Health and well-being are always the first things that come to mind, but don't overlook your home. In fact, sometimes it's the first place to start - from a total overhaul to the simplest design changes. Those major or minor design decisions can really impact not only how you live, but also the health and happiness of you, your family and your home.
Do your kitchen and bathrooms look a bit drab? If you don't have the time or budget for a full remodel, there are still many simple updates you can do to refresh these spaces and invigorate each with impressive style. From affordable faucet updates to pretty paints, each takes one day or less to complete, instantly providing a dramatic effect.
PHOENIX (AP) - Standing at the epicenter of the nation's recent housing crisis, President Barack Obama on Thursday promoted plans to lower some mortgage insurance premiums, a move the White House says could save homeowners $900 a year and attract 250,000 first-time buyers.
WASHINGTON (AP) - Average U.S. mortgage rates started the year by dipping to new lows, with the benchmark 30-year rate marking its lowest level since May 2013.
According to the "2014 Housing Review" released by realtor.com , 2014 "demonstrated a steady buildup of housing momentum fueled by significant improvements in economic fundamentals, low mortgage rates and compressed inventory, and is expected to carry the market into 2015 gains."
WASHINGTON (AP) - U.S. home values rose at a measured pace in November, a sign that demand remains weak as many buyers have been priced out of the market.