Eric Teberg was taking his good friend, Joan Collins, to the doctor in Sacramento when he received the good news.
LOS ANGELES (AP) - Banks are increasingly placing homes with unpaid mortgages on a countdown that could deliver a swell of new foreclosed properties onto the market by early next year, potentially weighing further on home values.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages fell again to record lows, giving would-be buyers more incentive to brave the housing market.
LOS ANGELES (AP) - California has a new law to stop what Gov. Jerry Brown calls abusive home lending tactics.
One in five homes nationally is underwater.
The weather is warm and the sun is shining, making it the perfect time to start your home improvement projects. Whether it's a little tidying up, or a full-on home repair, some tips will help you complete your projects without a lot of headaches.
For those considering buying a home, the current real estate market presents some unique opportunities. One of the side effects of the economic roller coaster ride of the past few years is that home prices have gone down and more homes have gone on the market. For buyers, that means more choices and better deals. However, those same tumultuous years also can also teach buyers a lesson: Make smart buying decisions and be wise with your finances.
Now, more than ever, homeowners are adding to the value and comfort of their homes by renovating bathrooms into private retreats with luxurious touches that rival those of an upscale spa or resort.
WASHINGTON (AP) - A surge in homebuilding pushed U.S. construction spending up by the largest amount in five months, the latest indication that the housing sector is slowly recovering.
WASHINGTON (AP) - Fixed U.S. mortgage rates fell again to new record lows, providing prospective buyers with more incentive to brave a modestly recovering housing market.
DEAR BENNY: My mother and her boyfriend lived together for 18 years. He owned the house by himself. He has two surviving adult children. He always told me he wanted my mom to have everything. He did not have a close relationship to his children.
The newest interior design trends are invoking a playful vibe into rooms by mixing and matching different styles for an eclectic, fun look. According to "ELLE Decor," home decorating is shifting toward a more theatrical and eclectic decorating style highlighting richer colors, layers of textures and patterns and a fusion of time periods, styles and atmosphere.
Spend $235,000 today to buy a home in Manteca and you can get a new home of about 1,500 square feet with the latest built-in energy efficiencies.
WASHINGTON (AP) - For the first time in a century, most of America's largest cities are growing at a faster rate than their surrounding suburbs as young adults seeking a foothold in the weak job market shun home-buying and stay put in bustling urban centers.
Keeping your home beautiful, organized and running smoothly is a never-ending task. The chores from the kitchen unfold into the dining room, which spills into the living room, the bedrooms, bathrooms, laundry room and beyond. Once you've added it all up, the amount of time and energy you spend on housework - day to day and year to year - is staggering.
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.
When the weather conditions are just right, a relaxing evening spent on the porch or patio is perfect for enjoying good company and the beauty of the outside world. Wouldn't it be nice to enjoy these comforts regardless of the season?
In the fashion and design world, alternative materials that emulate high-end looks are trendy not only for their lower price point and low maintenance qualities, but thanks to advancements in design and technology, are often hard to differentiate from the real thing.
Now is the season for enjoying backyard BBQs and poolside parties with friends and family – not being trapped in the house for pre- and post-party cleaning. With a little planning, you can minimize time spent on daily chores and maximize time spent soaking up the sun and creating memories with guests.
When thinking about your dream kitchen, what finish style of cabinets come to mind? Is it rich dark stained cherry wood? Maybe a clean, crisp white paint? Do you picture yourself having a rustic kitchen complemented by different techniques?
WASHINGTON (AP) - The number of Americans signing contracts to buy homes fell slightly in October as tight credit and lagging wages remained financial hurdles for would-be homebuyers.