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Archive By Section - HOME SCENE


Obama seeks to broaden reach assistance

FALLS CHURCH, Va. (AP) - Conceding his earlier housing programs have fallen short, President Barack Obama on Wednesday proposed a vast expansion of government assistance to homeowners, aiming to make lower lending rates a possibility for millions of borrowers who have not been able to get out from under burdensome mortgages.

February 02, 2012 | | HOME SCENE


Home prices dropped in November in most cities

WASHINGTON (AP) - U.S. home prices fell for a third straight month in nearly all cities tracked by a major index. The declines show that most homeowners are not reaping the benefits from some signs of an improving housing market.

February 02, 2012 | | HOME SCENE


Builders step up spending for 5th straight month

WASHINGTON (AP) - Builders increased their spending in December for the fifth consecutive month, ending a weak construction year on a hopeful note.

February 02, 2012 | | HOME SCENE


Rate on 30-year mortgage falls to record low point of 3.87%

WASHINGTON (AP) - The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed.

February 02, 2012 | | HOME SCENE


Exercising lease option during foreclosure

DEAR BENNY: We have been renting a house with an option to buy for two years now. We recently learned from mail the bank has sent that the property was listed for foreclosure. (No, we have not opened the letters addressed to the owners, but they are from the bank that holds the mortgage and they have been coming every two weeks addressed to both lien holders.) We also received a letter from an attorney indicating that the property was listed for foreclosure.

February 02, 2012 | by BENNY L. KASS Inman News | HOME SCENE


The hottest colors for your home

As you anticipate what exciting things this year will bring, you might notice your home decor has been left behind. Fortunately, you can easily beautify and modernize your home using hints from design experts on the hottest color trends. Don't worry that you'll need to break the bank - simply updating the shades of your walls can create the feel of an entire new home without the cost of buying one. And you'll enjoy starting the year in fresh, contemporary surroundings.

January 26, 2012 | | HOME SCENE


A shocker as agent refunds client’s $20K

DEAR BENNY: I am selling my house and received two offers on the same day: The first offer came in first thing in the morning, and I made a counteroffer. Several hours later there was another offer. My agent informed both buyers' agents of the competing offers and shortly after was informed by buyer's agent No. 1 that his clients had accepted the counteroffer. I rejected offer No. 2, as required, and started packing.

January 26, 2012 | by BENNY L. KASS Inman News | HOME SCENE


Foreclosures made up 20 percent of home sales in 3Q

LOS ANGELES (AP) - Foreclosures made up a smaller slice of all U.S. homes sold in last year's third quarter, as banks delayed placing properties for sale and home sales slowed.

January 26, 2012 | | HOME SCENE


Rate on 30-year fixed mortgage rises to 3.98%

WASHINGTON (AP) - The average rate on the 30-year fixed mortgage rose this week for the first time this month, though it remained below 4 percent for the eighth straight week.

January 26, 2012 | | HOME SCENE


Obama proposes broad refinancing for homeowners including private lenders

WASHINGTON (AP) - President Barack Obama is proposing a program to allow homeowners with privately held mortgages to refinance at lower interest rates.

January 26, 2012 | | HOME SCENE


Savvy bathroom-storage solutions

While the bathroom may be one of the smallest rooms in the home, it is also the area where we store a multitude of items, from cosmetics to cleaners, laundry to linens. With this in mind, it's easy for your bath to feel more like crowded, cluttered chaos than the spa sanctuary we long for it to be.

January 26, 2012 | Chuck Higgs | HOME SCENE


Candidates unloved in FL town hit by foreclosures

LEHIGH ACRES, Fla. (AP) - At Our Daily Bread Food Pantry, the conversation often centers on real estate. Once taboo details - home values and what people paid for their properties - are casually discussed, and there appears to be little shame in walking away from a mortgage or fighting the bank on a foreclosure.

January 26, 2012 | | HOME SCENE


Upgrading your home into home sweet home

Home sweet home. With more homeowners deciding to stay put in their homes, rather than attempting to sell in the current market, that old adage is more meaningful than ever.

January 26, 2012 | | HOME SCENE


Woodside Homes launches ‘40 homes in 40 days’ sales event at neighborhoods

To get a jump on the upcoming spring selling season, Woodside Homes has started a "40 Homes in 40 Days" sales event at communities throughout the Sacramento and Modesto regions. With a lofty goal of selling 40 homes in 40 days or less, the sales teams at all Woodside Homes communities are receiving daily updates and the authorization to do whatever they can to help homebuyers purchase a new home now.

January 19, 2012 | | HOME SCENE


Applying new home trends to remodeling

A significant shift in consumer preference in new home purchases is the latest by-product of the still-struggling economy. The residential construction market is shrinking and so are houses.

January 19, 2012 | | HOME SCENE


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Articles by Section - HOME SCENE


30-year mortgage falls to 3.66%

WASHINGTON (AP) - Average long-term U.S. mortgage rates declined this week, approaching historically low levels with the spring home-buying season underway.

April 10, 2015 | | HOME SCENE


LIVE IN A PORSCHE?

SUNNY ISLES BEACH, Florida (AP) - The wow factor for Miami's skyscraper condos no longer comes from a dazzling Atlantic Ocean view.

April 03, 2015 | | HOME SCENE


What you should never do remodeling kitchens

Whether you've heard it in the office, a classroom or a soccer field, that old saying about mistakes being valuable learning tools really rings true, doesn't it? If those mistakes occur during the course of a kitchen renovation, however, it may be difficult to be philosophical about them. Bungle a kitchen redesign, and you'll either have to live with the consequences for a long time or invest even more money to correct them.

April 03, 2015 | | HOME SCENE


Create the perfect outdoor kitchen space for summer

Now that warmer weather is here, you want to spend as much time outdoors as possible - and that includes mealtime. But what if your outdoor kitchen space is lacking? Worry not! There are several easy, affordable projects that can help you transform the area into the perfect cooking and entertaining area. Give these projects a try to recreate your space.

April 03, 2015 | | HOME SCENE


Home prices rise modestly, weigh on buyer affordability

WASHINGTON (AP) - U.S. home prices rose at a steady pace in January, pushing prices up at a faster pace than wages and putting more homes financially out of reach for would-be buyers.

April 03, 2015 | | HOME SCENE


Google

MOUNTAIN VIEW (AP) - Of Google gets to build a new office complex north of Highway 101, no one will feel the "Googly" aura of the canopied tech wonderland quite like the people living along Space Park Way.

March 27, 2015 | | HOME SCENE


FHA LOANS: Don’t bite at email, or snail mail loan refinancing offers without exploring options

If you have a FHA backed mortgage there are a lot of people out there convinced you can save hundreds if not thousands of dollars a year if you just call them.

March 27, 2015 | Dennis Wyatt | HOME SCENE


5 ways to increase curb appeal, value

Whether you're planning to list your home for sale soon or you're simply working to maintain features that attracted you to the charming abode in the first place, careful attention to curb appeal is a must.

March 27, 2015 | | HOME SCENE


Maximizing your storage space: Begin in the garage

A recent study found that 50 percent of homeowners claim their garage is the most disorganized place in the home. In addition, The Department of Energy cites 25 percent of people with two-car garages have too much clutter to leave room for cars, while 32 percent only have room for one vehicle. Isn't it time to do something about the mess? This year, focus your efforts on maximizing storage space in the garage.

March 27, 2015 | | HOME SCENE


Realtors oppose ridgeline development

INCLINE VILLAGE, Nev. (AP) - Two leading Realtor boards have come out against future ridgeline development in the Lake Tahoe Basin.

March 27, 2015 | | HOME SCENE


Existing home sales rebound slightly in February

WASHINGTON (AP) - Slightly more Americans bought homes in February, but tight inventories, affordability problems and nasty winter weather point to sluggish sales in the coming few months.

March 27, 2015 | | HOME SCENE


New home sales surge in February

WASHINGTON (AP) - Sales of new U.S. homes in February climbed to their fastest pace in seven years, as an otherwise dormant housing market showed fresh signs of life.

March 27, 2015 | | HOME SCENE


Add quality & comfort to your favorite rooms

When considering a home renovation, think outside the box for design inspiration and setting the overall tone.

March 27, 2015 | | HOME SCENE


Rate on 30-year loan falls to 3.69%

WASHINGTON (AP) - Average long-term U.S. mortgage rates fell this week for a second straight week, edging closer to historically low levels at the start of the spring home-buying season.

March 27, 2015 | | HOME SCENE


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