DEAR BENNY: I am the owner of a house that has flooded repeatedly over the past eight years. It is paid off. I want to pull the equity out of the property and walk away from it. How do I best approach this task? I have considerable cash assets that I do not want to put at risk.
WASHINGTON (AP) - Sales of new homes in the United States rose 3.6 percent in July to match a two-year high reached in May, the latest sign of a steady recovery in the housing market.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages have risen for a fourth straight week, remaining slightly above record lows. Cheap mortgages have helped fuel a modest housing recovery this year.
NEW YORK (AP) - Trulia Inc., which operates the real estate website Trulia.com, on Friday filed for an initial public offering that could raise up to $75 million.
Feeling uninspired in your space? Updating the decor in your home is an easy way to add more color, style and personality to rejuvenate your residence. Whether you're making a few updates, like new artwork or wall colors, or renovating an entire room with a completely new look, decorating should be fun, not stressful. With a few simple tips, you can up the design ante in your home without breaking the bank.
San Jose existing home resale prices at the close of escrow were up 7.3 percent in April, May, and June compared to the same quarter in 2011.
Move-up buyers are once again providing muscle to the new home market in Manteca.
More and more households have extended family living together under one roof, and the tight fit has some families in the market for a larger home.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages ticked up for the third straight week, staying slightly above record lows. Cheap mortgages have helped fuel a modest housing recovery this year.
WASHINGTON (AP) - New federal rules proposed Wednesday would require all high-risk mortgage lenders to obtain property appraisals for the first time.
WASHINGTON (AP) - The government's consumer lending watchdog proposed new rules aimed at protecting homeowners from unexpected costs and shoddy service by companies that collect their monthly mortgage payments.
DEAR BENNY: I owe $13,000 on my home and would like to pay it off. My son thinks there is some legality that protects a homeowner when the bank still holds the mortgage. Is this correct? Any information would be greatly appreciated. --Carol
SAN DIEGO (AP) - The median price of a home in California approached a four-year high in July as buyers snapped up more expensive properties and foreclosed houses made up a smaller part of the sales mix, a research firm said Wednesday.
LOS ANGELES (AP) - U.S. homebuilders grew more confident in the housing recovery in August, as many reported that prospects for sales are the best they've been since the home bubble burst five years ago.
For many years, creating family-friendly spaces meant sacrificing your design aesthetic. Thankfully, gone are the days when having children meant succumbing to a house full of bright-yellow bins and sofas wrapped in plastic. Today, new materials and technologies make it easy to create a beautiful, well-designed home that meets the needs of adults and children alike. The following tips may help you design a living space that satisfies your design goals and meets the demands of your youngest family members.
When you're about to buy a house, it's easy to get excited about its great location, spacious floor plan or beautifully decorated interior. Yet the old saying, "beauty's only skin deep" can apply to any home, especially if you're considering an older, previously owned property. Before signing on the dotted line, use this checklist to help avoid some potentially costly surprises and anticipate repairs or upgrades that may be needed.