Jumbo mortgage rush: Why the rich are buying

Even as the rest of America pulls back on mortgages, the wealthy are going on a borrowing binge. New data from RealtyTrac show that wealthy buyers are ramping up their use of mortgages to buy homes. In July, 46 percent of people buying houses ranging from $2 million...

Checklist for Finding and Hiring a Builder or Remodeler

Contact your local home builders’ association for the names of member builders and remodelers. You can also ask family, friends or coworkers for recommendations. Make sure the builder or home remodeler has a permanent business location and a good reputation with local...

Will Your Home Remodel Pay Off?

Remodeling certain areas of a single-family house is an excellent way for homeowners to add increased functionality and beauty to a property at someone else’s expense. By choosing the right project to enhance your living space, a significant portion of the...

Rising Tide

Rising TideSingle-family starts and new-home sales were up more than 20 percent in 2012, and foreclosures fell To lowest level in two years.By John Caulfield Consolidating Forces ,the industry’s largest builders continued to capture a bigger chunk of their markets’...