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.
The bath serves a variety of uses, from a functional room to a serene sanctuary, a storage facility to a salon. And, whether you enjoy it yourself or share with the family, every bathroom is in need of one major thing - organization. To help keep your bath feeling more serene and less insane, follow these eight ideas to help improve your organization, maximize space and even add a bit of style.
Everyone knows spring and summer are the best months in which to sell a home. If your house has lingered on the market, you may be eager to find ways to freshen its appeal for potential buyers. Perhaps you're even ready to go big and invest in upgrades that will improve the home's value, curb appeal and interior allure so much that potential buyers just won't be able to walk away from it.
FORECLOSURE SALES: Foreclosure tracker RealtyTrac Inc. says 190,121 U.S. bank-owned homes or properties in some stage of the foreclosure process were sold in the first quarter. That's down 18 percent from the previous three months and 22 percent from a year earlier.
Do you know that if you are 62 years or older you may be able to buy a house or a condominium using a reverse mortgage? A reverse mortgage allows you to get money from a lender, but you do not have to pay it back (or make any monthly payments) until you sell or die.
NEW YORK (AP) - Confidence among U.S. homebuilders rebounded this month, reflecting improved sales trends during the spring home-selling season and the strongest outlook for sales over the next six months in more than six years.
WASHINGTON (AP) - U.S. builders broke ground on fewer homes in April, one month after topping the 1 million mark for the first time since 2008. But most of the decline was in apartment construction, which tends to vary sharply from month to month.