Despite many programs to help underwater homeowners, the financial crisis continues and foreclosures loom throughout the country. Some experts say the housing answer is not just lowering interest rates but also actually reducing principal. In other words, these experts are encouraging banks to write down the principal and interest rates to current market value, which according to some experts would save homeowners $71 billion each year....

There are so many different homes to choose from during the buying process. How can you be sure to make the right choice? From condos, downtown neighborhoods, suburbs, and country homes, there’s a perfect fit for every buyer. To make the best decision you need to be sure to really give time to your decision making process. Yes, your gut can take you in the right direction, but don’t be one of the many buyers that falls prey to...

It’s billed as the American Dream and yet for some it’s been an all-time American nightmare. Still “the home is central to American life” writes the National Association of Homebuilders in its report titled: Homeownership Works, released earlier this year. Of course the report aims to show how housing is vital not just to homeowners but to the nation’s growth. The publication looks at the contributions that...

It’s 2012, and what’s a better way to start the New Year than saving money! Energy costs continue to rise, and there are many ways to whittle away at those utility bills. Replacing an older furnace, swapping out single-pane windows for more efficient double- or triple-pane models, and considering a move toward solar energy are all ways to make a dramatic difference in your home’s energy consumption, but none comes cheap. While you wrestle with...

Is your den feeling dreary? Does your kitchen have too much kitsch? Take a moment to read these tips for sprucing up your home. From time to time, or decade to decade, your home may start to look a little dingy, cluttered, or out-of-date. Have no fear! There are a few simple, inexpensive ways to update rooms for your own enjoyment or to impress buyers! First, declutter and reorganize. It’s amazing how much “stuff” we can accumulate...