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Mortgage delinquencies fall

WASHINGTON – The U.S. mortgage delinquency rate fell to the lowest in almost eight years as the job market strengthened and rising home values gave struggling borrowers a chance to sell. ...

Home prices up in most cities

Home prices climbed in 85 percent of U.S. metropolitan areas in the first quarter as low mortgage rates and the strongest labor market in almost seven years spurred demand. The me...

City is landlord to closed nonprofit

Powerhouse building owned by city of Durango

First-time homebuyers face many hurdles

Young people aspiring to buy their first home are already facing disappointment this year. Rising prices are putting more homes out of reach, and pickings are slim because few pr...

5 homebuying mistakes you should avoid

Buying a home is a fairly complicated process involving negotiations, legal and contractual issues, lender requirements and obtaining clear title. Here is a guide to some of the b...

Builders question sprinkler rules

Added expense not welcome, industry says

Pastels are always in fashion for homes

After a long winter, the pastel colors of spring look pretty appealing right now. Cheerful pastel pinks, yellows, greens and blues can seriously brighten up a room. Decorating wit...

Few who lost homes will be buying soon

U.S. homeownership rate drops to two-decade low

1 in 4 renters using half their pay on housing

WASHINGTON – More than 1 in 4 U.S. renters have to use at least half their family income to pay for housing and utilities. That’s the finding of an analysis of Census data by Ente...

Knowing the ABCs of home appraisals

Acquiring a home appraisal is always an important part of buying a home as well as a requirement for getting a mortgage. Major changes have taken place during the last decade regarding the w...

Federal programs to help homeowners extended

Two federal programs intended to help struggling homeowners have been extended. The Home Affordable Modification Program (HAMP) and the Home Affordable Refinance Program (HARP), both launche...

Super-rich set new threshold with $100M homes

WASHINGTON – The poshest of luxury homes are acquiring the cachet of a masterwork by Picasso or Matisse. Rather than settle for garages of antique cars or a museum’s worth of pain...