Bigger isn't always better in the real estate world, and what's more, it's not always possible. With more baby boomers downsizing from McMansions to smaller, more manageable houses, and a growing number of people opting to rent rather than buy, many families are looking for new ways to decorate, design and work with smaller spaces.
WASHINGTON (AP) - Timothy Mayopoulos, the general counsel of Fannie Mae, will be the next CEO of the government-controlled mortgage giant.
WASHINGTON (AP) - Average U.S. rates on 30-year and 15-year fixed mortgages this week fell to fresh record lows for the sixth straight week. Cheap mortgages continue to help boost prospects for home sales this year.
DEAR BENNY: I am 58 years old and married. My total household income is less than $50,000. I have no mortgage; however, I do have a line of credit with $130,000 owed.
Nowhere else in the home must design and function marry as harmoniously as in the kitchen. The most-used room in the house is also the one where we spend the most work and leisure time, the one that gets the most scrutiny from potential buyers and the spot where most renovation dollars get spent.
Here's a silver lining to the foreclosure crisis: There's anecdotal evidence it is leading to the improvement of older housing stock in Manteca.
The kitchen and bathroom are at the top of most home remodeling project lists. But homeowners intent on remodeling should also consider investing in the exterior of their homes - maybe even start there.
WASHINGTON (AP) - A gauge of Americans who signed contracts to buy homes fell in April from nearly a two-year high in the previous month.
Summer is finally here, and with warmer temperatures and longer days, it's the perfect time to brighten up your home with a few outdoor painting projects. You can add the right amount of color and increase your curb appeal in just one weekend, leaving you the rest of the season to enjoy the finished product.
LOS ANGELES (AP) - Homes in some stage of the foreclosure process saw their share of overall U.S. home sales grow in the first quarter even as sales of bank-owned homes fell.
WASHINGTON (AP) - Congress has given itself two more months to come up with long-term solutions for the debt-burdened federal program that provides insurance for homes and businesses in areas subject to flooding.
DEAR BENNY: You frequently write about the stepped-up basis when a property is inherited. In today's market, however, you may find the reverse situation.
Wood is one of the oldest building materials we know, and one of the most beloved. It's a love affair that has lasted - like hardwood itself - through the centuries, from the log cabins of earliest America into the early 21st century.
Window boxes overflowing with blooms, decorative pots lining the driveway with striking colors, and even a flowering vine climbing up the mailbox - the growing season have arrived, and it is time to decorate the landscape.
ST. LOUIS (AP) - Foreclosed homes typically sell cheap, but just how cheap is surprising some buyers in the St. Louis area.
NEW YORK (AP) - There are changes coming to FICO, a broadly used credit score, that may mean higher credit scores for many consumers. Banks, credit card issuers, auto lenders and other businesses use those scores to decide whether to lend to consumers and how much interest to charge them. A higher score could get you better terms on loans for cars and homes.
WASHINGTON (AP) - Average long-term U.S. mortgage rates rose slightly this week but remained near their lows for the year.
Would a great study space ease your child's transition from summer to school? Perhaps an awesome lounge area could convince your teens - and all their friends - that your house is the best hangout spot ever. Whatever your objectives, a few design and decorating tricks can help you create a kid-friendly space in your home.
No matter if you're an aspiring chef or TV dinner connoisseur ... if the look of your kitchen makes you want to dine out - it may be time for an upgrade. The kitchen should be the heart of your home: it's where you entertain, hold family meetings and even pay bills, so why not take it from "make-do" to "magnificent?"
Think home technology begins with your wireless, programmable thermostat and ends with the high-definition, 3-D, web-enabled flat-screen TV with surround sound? Think again - whole home technology means using leading-edge devices to improve life in every room of the house, including the bathroom.
Warm weather, continued care and robust plants have yielded a bounty of beautiful, fresh vegetables - and personal satisfaction - from your garden this season. As the weather cools and fall approaches, it is not time to hang up your hat, gloves and trowel for the year. Autumn provides optimum weather and ample opportunity to keep growing and harvesting delicious, healthy produce well into the season.
There's no better time than now to give your home the attention it deserves. Give it an annual checkup before cold weather arrives to help add comfort, save energy and cut home maintenance in the long-run.
WASHINGTON (AP) - U.S. home prices rose in June by the smallest year-over-year amount in 20 months, slowed by modest sales and more properties coming on the market.