Q: My dad is in his 70's still working. Mom died a couple years ago and he's left with a mortgage (remaining balance of $330K on a single-home) on top of house maintenance, monthly costs and unpaid debts. Lately, dad expressed concern that he is getting old and worried how he can pay for the house. He is opposed to selling the house because of life memories. Stated the idea of us (family of 3, paying mortgage on a townhome bought in 2010) moving in with him. Wife and myself are hesitant because we cannot afford the cost ...
WASHINGTON (AP) - The number of Americans who signed contracts to buy existing homes fell in September to the lowest level in nine months. The decline reflects higher mortgage rates and home prices that have made purchases more costly.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages fell for the second straight week and are at their lowest levels in four months.
As decorations are hung this holiday season in preparation for entertaining family and friends, consider creating ambiance using lighting in the main social rooms of the home, including the kitchen, dining and living rooms. Beyond the trimmings, presents and other jolly adornments, it is essential to have the proper lighting to enhance the glow of the holidays and adjust the mood of a room.
The median price of existing homes closing escrow in year-to-year comparisons is up a whopping 44.6 percent in Manteca.
The task of home painting projects may seem daunting, but by following a few helpful steps you can give your home a fresh, clean appearance and incorporate some of your favorite new home décor trends.
From runway fashion to home decor, blue is definitely in the spotlight right now. Give your home a fresh boost of an on-trend color and make it through the fall season in style.
Gentlemen and Boys; My husband and I watch the news and stay abreast of current events for reasons we won't discuss here. Suffice it to say, we like to be aware of what's going on in our world. With knowledge comes a little fear that you may have missed a point or forgot. Forgetting is today's question for you Boys. We have forgotten what the interest rates have done over the last 40 or so years. I know I could go to the Internet and get the answer, but your answers honestly amuse us every Saturday morning.
WASHINGTON (AP) - U.S. home prices rose 12.4 percent in July compared with a year ago, the most since February 2006. An increase in sales on a limited supply of available homes drove the gains.
WASHINGTON (AP) - Americans stepped up purchases of new homes in August after cutting back in July, suggesting that higher mortgage rates are not yet slowing the housing recovery.
Q: I read your last posting in the Tribune regards options for selling jointly owned property. I have a horrific situation not for the faint at heart. We are two brothers fighting worse than a Spanish bull ring.. Animosity exists between my older brother and my wife. He has no rush, and enjoys the comfort when he comes to Chicago to stay as long as he wishes in the basement and collects rent from the first floor of this 2 flat. Meantime I live with my wife on the 2nd floor. We want out of this situation. What once was ...
As long as the sun is shining, early autumn is a great time to get outside and enjoy that beautiful you've been working so hard to maintain throughout the year. Barbecues and picnics are always a good excuse to get family and friends together but after you've finished eating you don't want the kids (or the adults) wandering back inside to waste a glorious day staring at a television or a computer screen. It's time for some good old-fashioned backyard fun: lawn games.
WASHINGTON (AP) - Fewer Americans signed contracts to buy U.S. homes in August, the third straight decline. The drop could mean that higher mortgage rates are starting to deter some buyers.
So many of us love the rich colors featured in kitchen and bath magazines, but when it comes to selecting colors for our own homes, we tend to play it safe. It's time to be bold and get out of the color comfort zone. Whether it's a vibrant backsplash, playful shade on the wall, or a new sink color that pops with personality, today's hot color trends are anything but boring.
Flipping through the television channels, it's hard not to find a home improvement show about remodeling and do-it-yourself (DIY) projects. From "Property Brothers" to "Design Star," these popular programs give homeowners ideas on how to modernize their spaces. If you're planning your own DIY projects, here are three areas of the home that will give you the most bang for your buck when it comes to a makeover.
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.
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.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages rose this week but remained near historically low levels.