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Archives for February 2015

Personal Spaces: 10 Cool Updated Ranch Houses

Looking to bring your ranch-style home into the 21st century? Get inspired by what these homeowners have done Ranch-style homes enjoyed immense popularity from the 1950s to the 1970s. Today many of those same homes are still around — faux-wood paneling, avocado-green tile and all. If you are looking to update a ranch-style home, gather inspiration from these 10 homeowners who have brought their homes into the 21st century with style. Tara Bussema - Neat Organization and Design Tara … [Read more...]

They’re back: Boomerangers Returning To Housing Market

Many former homeowners could start buying again this year and give metro Phoenix's housing market a much-needed boost. They are called boomerang buyers because they were thrown out of the mortgage market after foreclosures or short sales during the crash but now can qualify for a home loan again. Most lenders require a seven-year sitting out period for borrowers who default on home loans. That waiting period is over this year for the first wave of people to lose houses during the crash. A new report from … [Read more...]

Jumbo Borrowers Get The Red-Carpet Treatment

A growing economy in 2014 meant that affluent home buyers had the confidence to take on debt for both primary residences and second homes. It’s awards season in the U.S., when the entertainment industry celebrates its top movies, music and TV shows. If the mortgage industry gave out prizes, jumbo borrowers would be big winners. Some highlights from 2014: • For a five-week stretch between August and September, jumbo rates were lower than those for comparable conforming mortgages. • Many banks and credit … [Read more...]

Fixer Uppers: A Pot Of Gold Or A Money Pit?

Realtor.com identifies the U.S. cities whose homes on the market offer the biggest price break for buyers willing to put in a little work. Feeling handy? Take a look at Clarksville, Tenn. According to numbers from Realtor.com, the city offers the country’s biggest price break for home buyers willing to put in a little work. The median price for a fixer-upper in Clarksville is $69,900, an almost 70% discount off the $226,000 median price for a home in good condition. (The analysis focused on houses in the … [Read more...]

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