Americans still want to own homes, but they are thinking more about emotional ties and less about investment, a new survey shows.

By Teresa at MSN Real Estate 14 hours ago

Couple sitting on front porch of house (© Corbis)Americans still see owning a home as part of the American Dream, but most are placing less emphasis on the financial aspects.

 

Those are the findings of a Coldwell Banker survey on homeownership, which looked at attitudes in light of the recession and real-estate bust, which saw some homeowners lose more than half their home equity and others lose their homes entirely to foreclosure.

 

"After any major fallout like a financial downturn, it’s natural to examine and sometimes alter the way we think about fundamental issues in our lives," Robi Ludwig, a psychotherapist who partnered with Coldwell Banker on the survey of 2,100 adults, said in a news release. "So it makes sense that this survey shows we are rethinking what passed for conventional wisdom during the 'boom years.'"

 

Homebuilders see more potential buyers interested in new homes. After falling last month, the index of builder sentiment increased again in May.

By Teresa at MSN Real Estate 15 hours ago

Construction foreman explaining blueprints to couple (© Robert Daly/Getty Images)Embracing the housing-market glass as half full, homebuilders reported their confidence in the market up a full five points this month, bringing their faith in the future of home construction to its highest level since May 2007.

 

The National Association of Home Builders/Wells Fargo Housing Market Index was 29 in May, up from 24 in April and 28 in March.

 

"Builders in many markets are reporting that buyer traffic and sales have picked back up after a pause this April," Barry Rutenberg, NAHB chairman and a builder from Gainesville, Fla., said in a news release. "It seems we have resumed the gradual upward trend in confidence that started at the beginning of this year, as stabilizing prices and excellent affordability encourage more people to pursue a new-home purchase." 

 

A $150 raffle ticket will give you a chance at a dream house in several cities. While some charities have done well with house raffles, others have not.

By Teresa at MSN Real Estate Mon 12:54 PM

© 2012 Boys & Girls Clubs of Metro DenverThere are a number of ways to acquire a house, but winning one in a charity raffle is not a method we had considered.

 

Apparently, we've been living under a rock in recent years, as house raffles to raise money for nonprofit organizations have grown more popular.

 

The Dream House Raffle to benefit the Boys & Girls Clubs of Metro Denver is typical: Entrants pay $150 for each chance to win a $3 million dream house, plus other prizes of cash and goods. The winner, who will be chosen June 2, gets a choice of the $3 million house or $2 million in cash. Friday is the deadline to enter the drawing.

 
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Experts disagree. One argues that conditions have never been better, while another says that prices are still going to fall at least 20% more. Who is right?

By Teresa at MSN Real Estate Mon 11:07 AM

© SuperStockIs this a great time to buy your first home? It depends on whom you ask.

 

The Wall Street Journal recently ran a point-counterpoint set of arguments from two experts who strongly disagree on whether this is the right time for first-time homebuyers to jump into the market.

 

Eric Lascelles, chief economist at RBC Global Asset Management, says this is the best time in a generation to be a first-time homebuyer. "Affordability is the best it has been in 30 years, thanks to the combination of a 34% decline in prices since the 2006 peak and a historically low 4% average rate for a 30-year, fixed-rate mortgage," he writes.

 

New programmable thermostats can learn your habits, and you can program them online or with your phone. But will they really save you money?

By Teresa at MSN Real Estate Fri 12:54 PM

© 2012 Nest LabsOne of the problems I have always had with smart thermostats is that they seemed to be smarter than I am. Either that, or they were just contrary, arbitrarily raising and lowering the temperature at their whim rather than my command.

 

So I don't have a programmable thermostat.

 

But as the technology improves, perhaps you'll find one that you can bend to your beck and call, or at least your climate choice.

 

Georgia development is the latest to argue that homeowners can't install roof panels to harness the sun's energy. In some states, associations don't have that right.

By Teresa at MSN Real Estate Fri 11:36 AM

© Russell Illig/Photodisc/Getty ImagesWe've all likely heard stories about homeowners associations that leave us incredulous. They don't like flags. They don't like flowers. They don't like any number of decorative items that individual homeowners might choose to adorn their homes.

 

In Cumming, Ga., outside Atlanta, at least one homeowners association doesn't like solar panels. That's apparently a problem across the country, where associations say that solar panels mar the look of their communities.

 

Kitchen and baths remain top remodeling projects as homeowners adapt yesterday's homes to today's family life.

By Teresa at MSN Real Estate Thu 3:28 PM

Woman putting in a bathroom sink (© Alex Wilson/Getty Images)This news likely is no surprise: More homeowners are remodeling rather than moving, and top projects remain kitchens and baths.

 

A new survey from the National Association of Home Builders found that remodeling projects have increased since the group did a similar survey in 2010, with nearly 50% of remodelers reporting they are hearing from more homeowners who want to renovate to avoid moving.

 

Kitchen and bathroom remodeling projects are up 17% from two years ago, the survey found, with bathroom remodeling holding on to the top spot it took from kitchens back in 2009.

 

The aviator's 1946 plane crash took out the garage of this Spanish-style Beverly Hills home. The $6.995 million house has long been repaired and updated, but still has no garage.

By Teresa at MSN Real Estate Thu 9:55 AM

Courtesy of Realtor.comWe write a lot about homes where famous people slept. But how often do you have a chance to buy a home into which a famous person crashed his plane?

 

This expansive Spanish-style home in Beverly Hills, Calif., designed by architect Wallace Neff and built in 1926, used to have a garage. But Howard Hughes took it out in 1946 when he crashed his XF-11 into the house.

 

Everything has been repaired and updated since then, and the 6,246-square-foot home is on the market for $6.995 million.

 

About Teresa Mears

Teresa Mears

Teresa Mears is a veteran journalist who has been interested in houses since her father took her to tax auctions to carry the cash at age 10. A former editor of The Miami Herald's Home & Design section, she lives in South Florida where, in addition to writing about real estate, she publishes Miami on the Cheap to help her neighbors adjust to the loss of 60% of their property value.

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