NEW YORK (AP) ‑ Low mortgage rates have made buying a home more affordable and turned rentals into an attractive option for investors.
Winter can seem like an eternity. Yet when it comes to your credit profile, house-hunting and the spring real estate season is just around the corner.
What your home is worth to you is one thing; what it's worth to someone else may be totally different. If you want to boost the value of your home for yourself and in the eyes of others, one of the best ways to do that in today's real estate market is to make green home improvements.
As temperatures increase, your thoughts may wander to spending time outside sharing conversation, drinks and meals with friends and family.
LOS ANGELES (AP) - Lenders took possession of fewer U.S. homes in 2012 than a year earlier, as the pace of new homes entering the path to foreclosure slowed and banks increasingly opted to allow troubled borrowers to sell their homes for less than what they owed on their mortgage.
Home ownership is an important investment that can create both a sense of pride and a place in the world that is all your own. While the investment in purchasing or building your own home is sizeable, letting your home fall into disrepair can be even more costly. However, home maintenance doesn't have to be a daunting task. By following a few simple steps and making maintenance a regular activity, you'll not only preserve the quality of your home, but you'll likely save money over the long term.
DEAR BENNY: I offered full price -- $168,000 -- for a home in foreclosure. The bank came back with a refusal and a new sales price of $240,000. That is $72,000 over the asking price. Is this legal? --Marie
Here's a sobering thought: There are as many as 1.58 million mortgages nationwide that are 90 or more days delinquent but not in foreclosure.
We're all looking forward to a fresh start at the beginning of the new year: Whether it's an updated fitness regime, pursuing new hobbies or getting organized, there are a slew of resolutions to try. In 2013, why not make a few changes to not only yourself, but also your home? By incorporating cutting-edge design trends, you'll add style and color that's perfect to kick-start the year.
DETROIT (AP) - A dozen homes in Detroit have been mistakenly demolished, a city official says.
WASHINGTON (AP) - Federal regulators for the first time are laying out rules aimed at ensuring that mortgage borrowers can afford to repay the loans they take out.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages rose this week but remained close to record lows. Cheap mortgages have made home buying more affordable and helped drive a housing recovery.
If April showers bring May flowers, what do winter's snowflakes bring? Perhaps it's an excuse to curl up with your favorite magazines and imagine the kitchen makeover of your dreams. When the cold winter months keep you indoors, use the time to take care of things that will make your remodeling plans much easier to tackle in the spring.-
Sure, kitchen and bath renovations get all the glamour and credit for offering high returns on your investment when it's time to sell your home. But a host of other, often-overlooked improvements can also offer great ROI - while completely changing the look of your home at a fraction of the cost of bigger projects.
DEAR BENNY: Is the definition of "capital improvement" something that increases the actual value of the house, even if it may not trigger a change in taxes, or must it be taxable?
It used to be that the man's room -or man cave- was relegated to the basement or the garage. Now homes are being designed with the man cave already in mind to give men a place to call their own.
PATTERSON - Ivy Terrace is Patterson's first gated "for sale" condominium community.
LOS ANGLES (AP) - Eager to buy your first home this spring? Already own, but want to trade up? Be warned: there'll be plenty of competition
As a kickoff to home improvement season, there are many home updates homeowners are undertaking. But before you grab your toolkit or enlist the help of a professional, do your wallet a favor, and conduct a little research.
Do you feel like your house could use more natural light to brighten and warm your favorite spaces? Patio doors offer unobstructed views that flood your home with natural light and provide convenient access to the outside.
It often starts as a blank spot on the patio, usually somewhere just outside the back door. Then come the "things" to fill the spot. There's so much to consider that it gets difficult to make a decision.
WASHINGTON (AP) - Average long-term U.S. mortgage rates are up this week to the highest level since mid-March.
Hey you Real Estate Boys: There's a lot going on my/our lives in the coming months. First and most importantly we will be getting married right after we both graduate in May, from Stanislaus with our respective degrees. We both have good jobs in this area and are looking forward to becoming old and boring and raising a family. "She is so brilliant." So, being the conservative future couple we'd like to make sure we start our lives on the correct foot/feet. And that, sirs, is our question. How does a young couple start a life ...
WASHINGTON (AP) - Mortgage giant Fannie Mae says it had net income of $1.9 billion for the first quarter. That's sharply down from the same period a year ago due to lower fee income and larger losses on investments used to hedge against swings in interest rates.
LOS ANGELES (AP) - Shortly after Elvis Summers befriended Irene McGhee, he learned she was sleeping on the streets of South Los Angeles.