The booming economy has allowed homeowners to become more ambitious in their decorating.

"But it still allows homeowners to expand their house generously, as they might have to in the future."

It would have allowed homeowners to make improvements costing less than $35,000 to their home/real estate without first obtaining a building permit.

In addition, the Clinton plan would allow homeowners to take advantage of the exemption as may times as they meet the residency requirement.

A. Reverse equity mortgages allow older homeowners who might not otherwise be able to afford to remain in their homes to do so.

This would reduce foreclosures by allowing homeowners to write down their mortgage to current market value.

In the long term, the state government would buy out beachfront property at a discount while allowing homeowners to stay for 50 years.

It's an elaborate tax shelter that allows certain homeowners the potential to write off their properties.

Home equity loans were originally intended to allow longtime homeowners to cash in on the appreciated value of their property.

Allowing homeowners to pocket tax-free much of the profit from selling their homes is expected to cost $37 billion more.