DEAR BENNY: Could you advise me of the appropriate (and legal) way to compensate the buyer's agent we used for our unsuccessful house hunt?
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.
Want to infuse your home with architectural interest? Start at the top.
WASHINGTON (AP) - The number of Americans signing contracts to buy homes rose at a healthy pace in January, a sign that home sales are poised to accelerate after a slow start to the year.
WASHINGTON (AP) - Average long-term U.S. mortgage rates have edged up for a third straight week while remaining near their historically low levels reached in May 2013.
WASHINGTON (AP) - Sales of new U.S. homes were basically flat in January, evidence that recent job gains and relatively low mortgage rates have yet to spur the real estate market.
To satisfy homeowners seeking to add a signature style to their indoor living spaces, more and more design professionals and builders are going back to basics and rediscovering the versatility, durability and good looks of cypress.
WASHINGTON (AP) - U.S. home sales struck a snow drift in January, plunging to the slowest pace in nine months.
For the first time in six years, Energy Star certification, a standard seal of approval for energy efficiency, has been expanded to include another major household appliance.
Some 37 million residential water heaters gave up the ghost and were replaced over the past five years, according to estimates by the U.S. Department of Energy. While some things get better with age, water heaters aren't among them. In fact, the average life expectancy for a new water heater is 10 to 15 years, with the occasional stoic dinosaur making it two decades or more.
The kitchen is the heart of the home and a top-selling feature with homebuyers. Does yours convey style and functionality? Whether you've just completed a remodel or you're looking for ways to upgrade your existing kitchen, a tile backsplash will instantly transform the space into an eye-catching masterpiece.
A remodeling project is one of the most invigorating lifestyle changes a homeowner can make. However, trusting a contractor with both your home and your money can feel overwhelming. Spare your time, money and sanity by following these steps for choosing the best remodeling contractor:
Every year the Central Valley Association of Realtors recognizes members who have gone above and beyond in the real estate profession and community service. This year CVAR named two recipients as Realtor of the Year - Shelly Bell and Larry Rumbeck - and as Affiliate of the Year, the honor goes to Taylor Phillips.
WASHINGTON (AP) - Average long-term U.S. mortgage rates have risen for a second straight week yet remained near historically low levels.
WASHINGTON (AP) - U.S. home rental prices rose at a steady rate in January, but prices barely budged or even dipped in parts of the Midwest and Mid-Atlantic.
LOS GATOS - As millennials enter the home-buying market in larger numbers, builders say homes will get a little smaller, energy-efficient appliances and laundry rooms will be essential, and home technology will become increasingly prevalent. These predictions are based on two surveys conducted by the National Association of Home Builders, one asking home builders what features they are most likely to include in a typical new home this year, and one asking millennials what features are most likely to affect their home-buying decisions. Of the top 10 features mentioned by home builders, four have to do with energy efficiency: low-E windows ...