The residential housing market is heating up, but before you post that for-sale sign, consider making upgrades that add style and value to your home. With many buyers seeking wood floors, kitchen upgrades and other add-ons, it's important for homeowners to highlight these features so their property stands out from the competition in today's market.
Q: We enjoy reading your column and would appreciate your comments on the following situation. You helped us with excellent advice in the past so we decided to seek your opinion on the following issue.
Thanks to foreclosures and short sales, home buyers are snatching up great houses at reduced prices and remodeling to create stylish modern homes. Lucky for those buyers, many of today's top trends are relatively easy to recreate, and will add re-sale value to their homes.
When you dine, do you prefer clean and attractive tableware? Does ambiance enhance your enjoyment of your food? Birds feel the same way about their dining habits - the type and cleanliness of your bird feeders directly affects the number and species of birds that will visit your backyard this season.
WASHINGTON (AP) -Minority renters and homebuyers deployed to test for housing discrimination did not run into the blatant discrimination of four decades ago, but were told about and shown fewer homes than their white counterparts with similar backgrounds, according to the results of a major federal housing study released Tuesday.
The Real Estate Boys: Boy, I don't know how you guys do it but you seem to be ahead of the game. Many weeks ago you wrote about funds for buying foreclosed homes in bulk from the large banks and a few weeks later I read about it in Time. You both seem to have the pulse of the market - or at least you talk a good game! So, what's coming up for us amateurs to watch out for when buying or selling? I enjoy your fun articles. Keep it up.
LOS ANGELES (AP) - Lenders stepped up action last month against homeowners who had fallen behind on their mortgage payments, taking possession of more homes and initiating the foreclosure countdown clock on many others.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages jumped this week to their highest levels in a year, signaling slightly higher costs for homebuyers. But rates still remain low by historical standards.
Real Estate Boys: I keep reading that the real estate market is booming again. Time magazine, the newspaper from our north, TV and radio news are all reporting to get "in now, the market is heating up across the nation." Wasn't it just a short year ago you Boys, and it seemed everyone else, was reporting that maybe we haven't seen the bottom yet? Then in late in 2012, "Well, we've bottomed out, but the road ahead is a long uphill ride." Have we recovered that fast? What is the market doing?
WASHINGTON (AP) - U.S. home prices jumped 10.9 percent in March compared with a year ago, the most since April 2006. A growing number of buyers are bidding on a tight supply of homes, driving prices higher and helping the housing market recover.