Staying Put vs. Moving Out: The Remodeling Dilemma

When the construction crew arrives, is it time to go? Experts and homeowners weigh the pros and cons. read more

Michael Jackson’s Estate Buys in Calabasas for $10.75 Million

The home is where his mother, Katherine Jackson, lives with the late pop star’s children read more
Is a Short Sale Good for a First-Time Homebuyer?

For many banks, short sales have surpassed foreclosures, according to Bloomberg, as lenders seek to divest themselves of bad assets. As short sales become more common in the housing market, it is important for homebuyers to analyze the benefits and risks involved in purchasing this type of distress sale. Whether a short sale is good for the first-time home buyer depends on his specific situation. read more

Zillow Mortgage Marketplace: 30-Year Rate Dips Below 4%

Filed under: News, Buying, Financing, Refinancing Zillow*The weekly mortgage rate chart illustrates the average 30-year fixed interest rate in six-hour intervals. By Camille Salama Mortgage rates for 30-year fixed mortgages dipped slightly this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 3.98 percent, down 5 basis points from this time last week. The 30-year fixed mortgage rate hovered around 4 percent for the majority of the week, before dropping slightly to the current rate on Tuesday morning. “Last week, rates hit 4-week lows after a weaker-than-expected gross domestic product report suggested some softness in the U.S. economy,” said Erin Lantz, vice president of mortgages at Zillow. “This week, we expect mortgage rates to remain fairly flat unless the jobs report, out Thursday rather than Friday this week, reveals an unexpectedly strong gain in the labor market.” Additionally, the 15-year fixed mortgage rate this morning was 2.98 percent, and for 5/1 ARMs, the rate was 2.77 percent. What are the interest rates right now? Check Zillow Mortgage Marketplace for mortgage rate trends and up-to-the-minute mortgage rates for your state. Permalink | Email this | Comments read more
Top Field Guides for June 2014

Field Guides are one-stop resource packages on dozens of subjects of interest to REALTORS®. On each page you’ll find links to articles, books, web sites, statistics, and other material on each subject. The list of the most-used field guides from Information Central for the month of June 2014 was released today: Field Guide to Quick Real […] read more

5 Ways to Organize Your Bedroom

Promote rest and relaxation in your nightly refuge with thoughtful, stylish and budget-friendly DIY bedroom-storage solutions. read more
Foreclosures Jump in Northeast, West

Though foreclosures are down nationwide, there are pockets of heightened foreclosure activity in certain regions. read more

Bad at math? You’re more likely to lose your home

Borrowers with poor math skills made up a higher percentage of homeowners in foreclosure during the housing bust than those who were skilled at arithmetic. read more
Maximize your mobile marketing: 3 tools to capture, engage and inform today’s real estate consumers

According to the National Association of Realtors, 89 percent of home shoppers use mobile devices during their homebuying research. And the number is growing daily. The challenge for today’s real estate professional becomes how to create marketing content that can be easily consumed on a mobile device and how to capture the mobile lead … read more
Swim-Up Estate in Palm Beach

This almost 2-acre oceanfront estate in Florida features a remodeled main house and a five-bedroom guesthouse; soak in the saltwater pool or walk the private path to the beach. read more