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.
Everyone wants an immaculate home, but not everyone wants to spend their free time scrubbing and straightening. The reality revealed in a recent Good Housekeeping magazine study is that the average homeowner spends roughly 19 hours a week cleaning.
How much do you spend on utilities? Are you looking for ways to save? A typical American household spends about $2,100 on energy bills each year, according to the U.S. Environmental Protection Agency (EPA). Most of that expense comes from a home's energy use during the winter heating season. But a quick home checkup can help you can reduce these costs, prepare for winter and enjoy energy savings.
WASHINGTON (AP) - Average U.S. mortgage rates tumbled this week. The 30-year loan hit its lowest level since June 2013 as Treasury bond yields marked new lows amid concern over global economic weakness.
Halloween has its fair share of iconic symbols: ghosts, witches, mummies and pumpkins, just to name a few. But if your home decor is becoming just as iconic, it may be time to change it up and take your decorating in a new direction.
SAN DIEGO (AP) - California home sales rose for the first time in a year in September, a research firm said Tuesday, as cooling prices and a strong economy encouraged buyers.
Homeowners have spent more on kitchen remodeling than any other home improvement category in the last 10 years, according to Harvard's Joint Center for Housing Studies - and there's good reason. An updated kitchen does more than boost the value of your home; whether you make just a few changes or completely renovate the entire space, a kitchen that feels new is always refreshing. From basic cooking to frequent entertaining, your dream kitchen should look good and function well.
WASHINGTON (AP) - Construction firms broke ground on more apartment complexes in September, pushing up the pace of U.S. homebuilding.
Americans are renovating again, and instead of letting resale value alone drive their renovation choices, in 2014 homeowners are weighing many more factors. They are seeking renovations that are beautiful, luxurious and eco-friendly, and that both enhance resale value and their ability to age in place should they choose not to sell down the road.
If you are a first-time homebuyer defined as someone who hasn't owned a home in the last three years you could be eligible for $6,500 in interest free down payment assistance.
WASHINGTON (AP) - Average U.S. mortgage rates fell for the third straight week, making it more affordable to borrow to buy a home.
In the U.S. alone, approximately 60 million people suffer from asthma and allergies, which according to the American Lung Association can be triggered by mold for those who are allergic. As a responsible homeowner, it's essential to be aware of the many threats, such as mold and fire, which may cause harm to your family and your investment.
Cooler temperatures are on the horizon and now is the ideal time to begin checking items off your seasonal to-do list. Complete simple projects before the harsh winter weather arrives so your home is ready to enjoy in the coming season.
WASHINGTON (AP) - U.S. home prices increased in August, yet the pace of these gains continues to slow, helping to improve affordability for would-be buyers.
Whether you're spending quality time with family or entertaining guests, few things compare to the cozy, warm and welcoming atmosphere created by a fire pit in the backyard. In fact, fire pits are among the most popular features for enhancing an outdoor living space, according to the 2014 Residential Landscape Architecture Trends Survey conducted by the American Society of Landscape Architects. Even better, with little experience and materials, you can build a fire pit in just a few hours.