More and
more home owners are looking for possibilities to refinance their second mortgage.
More and
more home owners today are looking for ways they can save money and pay down their mortgages faster.
Home equity lines of credit have increased in popularity recently as
more home owners realized they could use their built - up equity for other purposes.
The Institute's first - quarter 2010 Home Design Trends Survey shows that
more home owners are favoring smaller spaces that are often cheaper to maintain.
With
more home owners working from home, a separate room or corner for an office can boost sales appeal.
Regardless of small spaces or large,
more home owners also looked to incorporate more multifunctional pieces too, such as an ottoman that could also double up as storage.
To reach our goal, 8 million
more home owners will have to be added between 1995 and 2000.
As mortgage rates plummet to three - year lows,
more home owners are refinancing to lock in lower borrowing costs.
With more family members — adult children and aging parents included — moving in under the same roof in recent years,
more home owners are pressing for zoning law changes so they can better accommodate their growing households.
The mortgage giant asks why
more home owners haven't taken advantage of lower interest rates by refinancing.
Mortgage delinquencies nationwide have plummeted to their lowest level in more than five years, as
more home owners are coming out of the red on their payments.
More home owners are seeing the return of equity (more than 2.5 million homes saw positive equity return in the second quarter alone), which has prompted more people to list their properties.
But necessity may be the mother of invention as
more home owners have seen the basement as underutilized square footage that can be improved, and for less than adding to an upper level.
The big reason for both hues is that
more home owners are fighting against «blandification,» according to Hart - Davidson.
The «Mortgage Forgiveness Debt Relief Act and Debt Cancellation» is expiring at the end of the year, which could make
more home owners think twice about doing a short sale, CNBC reporter Diana Olick reports.
The U.S. Treasury singled out CitiMortgage Inc., telling the bank it needed to make «substantial improvement» in its loan modification efforts through the Home Affordable Modification Program and to reach out to
more home owners who are eligible to receive assistance.
That's why
more home owners are beginning to ask retailers, manufacturers, and contractors what VOCs may be in the materials, products, and furnishings they bring into their homes.
A rise in home prices has pulled
more home owners out from underwater with the return of equity this year, NAR notes.
But as
more home owners look to open up the cooking experience to the whole family, they might benefit from having a prep space that can be used by kids or adults who may be more comfortable sitting.
A study released last week by CoreLogic showed that
more home owners were regaining equity.
Flynn predicts
more home owners will cover an entire wall with an enlarged photo printed in sections.
Strategic defaults are growing, with
more home owners choosing to walk away from their underwater properties even though they can afford the monthly payments.
A recovering housing market has led
more home owners to spruce up their interiors.
A rebound in consumer confidence and economic growth in the new year should allow
more home owners to escape the «negative equity trap,» according to CoreLogic.
More home owners also want to incorporate local, recycled, and renewable materials, such as stone quarried nearby and reclaimed lumber, says landscape designer Laurie Van Zandt, whose firm, The Ardent Gardener is based in Huntsville, Utah.
By Melissa Dittmann Tracey, REALTOR ® Magazine
More home owners want more space in their kitchens and are expanding the kitchen's use for more than just cooking, according to the latest findings from the American Institute of Architects» quarterly Home...
Many
more home owners are finding themselves in this situation due to a number of factors, including job losses, aggressive borrowing against their home in the days of easy credit, and declining home values in a slower real estate market.
Part of this rise was seasonal, but rising prices are also inducing
more home owners to place their homes on the market.
What's more, the for - sale inventory of existing homes will rise as
more home owners see equity again and show more willingness to sell.
The White House's plan to help
more home owners refinance their mortgage into today's ultra low rates is gathering new support, providing a lift to what had been considered a stalled proposal, The Wall Street Journal reports.
While eliminating the concept of a room devoted only to traditional dining may appeal to
more home owners, many still want to purchase a house with a separate dining space.
REALTORS ® in San Diego helped the city launch a campaign to get
more home owners to install solar panels on their roofs, which promotes a healthier environment — a pillar of smart growth — said attendee Amy Del Nagro - Misko, an associate broker at Century 21 Horizon.
As house prices continue to increase,
more home owners who can not meet mortgage payments can sell their homes rather than default.
More home owners are looking for a place for their large flat - screen television.
In addition,
more home owners — once underwater — are seeing the return of equity again for the first time in years, but still may be reluctant to sell as they wait for home prices to rise even more.
«The lower operating and maintenance costs of energy - efficient homes are a compelling reason for
more home owners to incorporate green features in their remodeling designs,» says Sullivan.
In court,
more home owners are successfully arguing that their mortgage companies can't prove they own the loan and don't have the right to foreclose on them.
Source: «Builders Began More Remodeling Projects in April, But Construction Spending Near 11 - Year Low,» Associated Press (June 1, 2011) and «Renovations Lift U.S. April Construction Spending,» Reuters News (June 1, 2011) Read More ▪ 6 DIY Updates That Can Increase Home's Value by $ 10k or More ▪
More Home Owners Show an Interest in Remodeling Again
«Mortgage - burning parties are back,» says the chief economist for Quicken Loans, who says
more home owners are opting to shorten their mortgages to take advantage of record low interest rates.
Record - reaching low interest rates have prompted
more home owners to shorten the terms of their mortgages.
She also said the government needs to help
more home owners take advantage of low mortgage rates by refinancing their loans to reduce their monthly payments.
Not exact matches
Vistaprint conducted a quarterly survey of
more than 1,000 micro-business
owners with 1 - 10 employees who gross less than $ 100,000 annually, most of which are run out of
home offices.
Some opposition lawmakers oppose the deal, saying Murdoch, the
owner of The Times and The Sun newspapers, would wield too much power if he had full control of a pay - TV group present in
more than 12 million British and Irish
homes.
Because one - in - four small - business
owners use
home equity to finance their businesses, this policy makes it
more difficult for some small - company
owners to obtain credit for their companies.
«When the housing market crashed,
owners of the least valuable
homes were especially hard hit, and lost
more home value than homeowners at the upper end of the market,» Zillow senior economist Aaron Terrazas said in the report.
As a result, these homeowners have been able to build wealth at a faster pace than
owners of
more expensive
homes.»
The
owners of cheaper houses are getting
more bang for their buck compared to
owners of luxury
homes, according to Zillow.
The company has gotten
more aggressive with competitors recently — especially Google, the
owner of Nest, which is Amazon's biggest competitor in the smart
home with its own Google Assistant platform.
The former
owner of France.com has filed a lawsuit against his
home country after the domain name, which he had used for
more than two decades, was expropriated.
Additionally, with the government's recasting of HARP 2.0, that is the
home refinance program for performing but underwater loan, there are far fewer strategic defaults as
more owners are refinancing and appreciating a lower monthly payment.