WASHINGTON (AP) - The Federal Housing Administration could run out of money over the next year and require a $700 million cash infusion from the Treasury Department to stay afloat, according to the Obama administration's budget request sent Monday to Congress.
WASHINGTON (AP) - The number of Americans at risk of foreclosure is declining, as more homeowners climb out of debt and find steady work.
WASHINGTON (AP) - The average rate on the 30-year fixed mortgage held steady at a record low for a third straight week, offering more incentive to those looking to buy a home or refinance.
WASHINGTON (AP) - U.S. homebuilders are gradually growing more optimistic about the depressed housing market and believe homes sales could pick up sharply when the spring buying season begins.
WASHINGTON (AP) - Construction of single-family homes cooled off slightly in January after surging in the final month last year. But a rise in permits suggests builders are growing more confident that more buyers are ready to come off the sidelines.
LOS ANGELES (AP) - Banks took back more U.S. homes in January than in the previous month, the latest sign that foreclosures are accelerating after slowing sharply last year while lenders sorted out foreclosure-abuse claims.
DEAR BENNY: My wife and I closed on a short-sale house in Florida back in 2010. We paid "in full" the homeowners and flood insurance even before we took title to the property. Once we became the owner of the property, confusion started when the insurance agent apparently (and incorrectly) advised the lender that we did not have the necessary insurance coverage.
The big headline announced this month is the $26 settlement reached between the nation's five largest banks and 49 state attorney generals. The settlement is to compensate and assist homeowners that have been either foreclosed on improperly, or homeowners that owe significantly more than the value of their home.
Rent vs. own? More Americans are wrestling with that question as the economy continues its slow recovery. Even though homes are selling at record lows, many Americans are choosing to rent instead, maintaining their mobility and financial flexibility until the economy, as well as their job prospects, improve.
Did you ever watch a home improvement show team transform a drab room into something spectacular using a shoestring budget and less time than it takes you to clean out your closet? Ever wonder how they did it? Here's the secret: they cheat. And you can too.
Oakwood Shores 2.0 isn't simply an upgrade of the initial gated lakefront community that took major nosedive during the collapse of the housing bubble.
Warmer temperatures, green grass and increased daylight help shake off the winter blues and inspire home and yard improvements to spruce up your surroundings.
Beat the winter blues by taking the first steps to create a summer backyard oasis. By preparing now, you'll be ready to install - and enjoy - a dream deck once warmer weather arrives.
Every garden is filled with them: millions of unseen weeds. They are dormant seeds that lurk just below the soil surface, ready to spring to life with just the briefest exposure to light. Weeds can choke a garden, robbing it of space, nutrients and water. Allowing weeds to mature compounds the problem, as they are naturally prolific seed producers. They grow aggressively and can be tough to get rid of, because pulling weeds brings more weed seeds to the surface.
LOS ANGELES (AP) - The U.S. housing market will begin to mount a turnaround this year, building toward a solid recovery in 2013, according to a forecast issued Wednesday by the chief economist of a homebuilding industry trade group.
When spring-cleaning uncovers a worn floor it may be time to consider purchasing a new one, especially if you're selling your home in the near future. A new floor, like refreshed paint and updated fixtures, makes a home more enjoyable to live in as well as more marketable.
Can you imagine a museum without paintings? Technology has impacted society in countless ways but many overlook its impact on the arts. The very phrase "the arts" might evoke images of oils, watercolors or sculpture but technology is inspiring a whole new generation of artists who are using new mediums to create their masterpieces.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages edged up slightly this week, remaining near historically low levels.
Selling or staying, it makes no difference - everyone wants a home that looks great from the curb. Curb appeal comes together when all the elements of a home's facade are in good shape and working together. Driveways that are cracked or pitted with potholes, dingy front doors and other seemingly minor complaints like a shabby, scuffed mailbox, can all significantly detract from a home's overall curb appeal.
The largest residential development in Manteca history - and one that is slowly changing the city's demographics – is the progression of an idea launched 58 years ago by a Fresno native.
Conventional wisdom holds that in order to achieve a custom look in your home decor you either have to spend a bundle hiring professionals, or invest countless hours of hard work doing it yourself. In the Internet age, however, it's easier than ever to achieve the look of custom home decor without the expense or hassle of traditional methods.
Whether you're staying in place or planning to take advantage of an improving real estate market to sell your home, spring and summer are upgrade seasons. From adding a bathroom to creating an outdoor kitchen, certain improvements pay off for both homeowners who are selling and those who are staying. And while plumbing challenges, such as breaking through concrete or opening walls, may discourage some people, savvy homeowners know a tried-and-true option solves such problems.
Savvy interior designers know that items that are both fashionable and functional are in high demand. One of the best examples of a stylish, hardworking home fixture is also one of the most overlooked: the ceiling fan. In 2014, more homeowners are realizing the potential this classic technology has not only on their comfort levels, but also on their interior's design aesthetic.
One of the first questions new empty nesters face is: what do we do with the nest? Some are eager to downsize and sell. Others like where they live and choose to stay put.