WASHINGTON (AP) — U.S. home sales soared 11.8 percent in February, aided by accelerating wages and falling mortgage rates that are improving affordability. The National Association of Realtors said existing homes sold at a seasonally adjusted annual rate of 5.51 million last month, a ...
WASHINGTON (AP) — U.S. home prices rose at their slowest pace in more than six years in January, as higher mortgage rates last year weighed on sales. The S&P CoreLogic Case-Shiller 20-city home price index increased 3.6 percent in January from a year earlier. That’s down from a 4.1 ...
By Holden Lewis of NerdWallet Cities in the Pacific time zone have the least-affordable housing in the country, and the Central time zone has the most-affordable housing. Each quarter, NerdWallet calculates the home affordability for 178 metropolitan areas, matching the list of metros for ...
By Kim Cook Associated Press As the weather improves and our winter hibernation ends, the urge to refresh and renew a room or two often follows. It may be as simple as adding a few new decorative items or changing a worn-out piece of furniture. Or maybe it’s something a little more ...
By Courtney Jespersen NerdWallet You signed the papers, got the keys and opened the front door. Now, that quaint little place is all yours. But more freedom comes with more responsibility. A lot changes once you’re a homeowner. Here’s how to prepare for a few of the adjustments — ...
WASHINGTON (AP) — Sales of new U.S. homes climbed in December to their highest pace in seven months, a sign that lower mortgage rates are helping the real estate market. The Commerce Department said new-home sales rose 3.7 percent in December to a seasonally adjusted annual rate of 621,000. ...
By Kim Cook Associated Press Back in the days before TV and air conditioning lured people indoors, Americans often hung out on front porches, enjoying the fresh air and socializing with neighbors. In later decades, when they wanted to relax outside, people tended to do it in the backyard, ...
WASHINGTON (AP) — U.S. home sales fell 1.2 percent in January to their worst pace in more than three years, as persistent affordability problems have put a harsh chill in the real estate market. The National Association of Realtors said sales of existing homes declined 1.2 percent to a ...
By Melissa Kossler Dutton Associated Press A desert storm is brewing in the design world. Renewed interest in earthy color palettes, rich textures, tribal patterns and rustic elements has sparked a revival of Southwestern decorating style, long associated with homes in New Mexico and ...
By Melissa Rayworth Associated Press The kitchen backsplash — that surface behind the stovetop or sink that protects the wall from damage during cooking and dishwashing — has long been used to add color and beauty to an otherwise utilitarian space. But dramatic, ornately patterned ...
By Lauren Schwahn NerdWallet Home improvements can rejuvenate a stale dwelling. But remodeling and renovations could set you back thousands of dollars for each room. A “midrange minor kitchen remodel” — including hardware, countertops, flooring and a refrigerator — is about ...
By Melissa Kossler Dutton Associated Press Storage pieces are not what they used to be. Changes in home design and technology mean that boxy, old-fashioned armoires, dressers and china hutches are being repurposed or are making room for cabinets, shelving and sideboards in a wide variety of ...
By Kim Cook Associated Press Today’s home kitchen doesn’t look anything like it did a century ago. But for the most part, it doesn’t look a lot different than 50 years ago. Appliances are sleeker, materials are better, color palettes are broader. But the room is still the ...
By Melissa Rayworth Associated Press A stunning sofa or a beautiful wall color might catch your eye when you enter someone’s home. But flooring is the key to any room, says interior designer Elina Cardet. As the visual base for every other design choice, “flooring is the most important ...
WASHINGTON (AP) — Fewer Americans signed contracts to buy homes in December with affordability pressures causing interest from would-be buyers to fall. The National Association of Realtors said its pending home sales index fell 2.2 percent last month to 99, its lowest reading since April ...
By Beth Buczynski NerdWallet Nicole Christianson, a 26-year-old sales rep, was tired of writing big checks for tiny apartments. And she wanted to do more with her cash than stash it in a savings account. One night, she and her husband Thure, 28, took a look at their newly combined finances ...
By Kim Cook Associated Press Prep surface. Gathering spot. Storage solution. The kitchen island is one of those home elements that seems to have known its purpose from its inception: a utilitarian divider between kitchen and family zones, the heart of the home. Over the years, the kitchen ...
WASHINGTON (AP) — U.S. home prices rose at a slower pace in November, as sales have tumbled and affordability has deteriorated for many would-be buyers. The S&P CoreLogic Case-Shiller 20-city home price index grew 4.7 percent from a year earlier, dropping off from a 5 percent annual ...
By Katherine Roth Associated Press Spaces where creativity happens are utterly unlike other rooms, artists and designers say. Whether at home or elsewhere, these deeply personal spaces often feel like they’re in flux, with interiors more curated than decorated. They often feature natural ...
WASHINGTON (AP) — U.S. home sales cratered in December, causing price growth to slip to the lowest level in more than six years as the housing sector ended 2018 on a decidedly weak note. The National Association of Realtors said sales of existing homes plunged 6.4 percent to a seasonally ...