California Residents Opting for Phoenix
California real estate bargain hunters are packing up and heading for Phoenix, where they can find their dream home for around $300,000. Read More

Home Owners Utilizing Less Home Equity
Recent data shows that fewer home owners are opting to take out home equity loans. Read More

Interest Rates Drop; Mortgage Business Increases
The mortgage business improved slightly over the past week compared to 2006 figures. This is due in part to lower interest rates and better spring weather in some areas of the country. Read More

Preservationists Take a Stand on Tear-Downs
In cities across the nation, preservationists are taking the practice of "tear-downs" to task; creating roadblocks for some home buyers who want to build the home of their dreams. Read More

Resources to Assist Home Buyers that Wish to "Go Green"
Home buyers that are interested in purchasing "eco-friendly" materials for their homes can refer to the following list of websites for reference. Read More

Housing Slump Being Dramatized by Media
Even though there has been a lot of negative reporting about the current real estate market, don't be fooled by it. Mortgage rates continue to decline. Mortgage applications are on the rise as are the number of homes in escrow. Read More

New Type of Credit Score Accounts for Timely Rent, Utility Payments
In order to help prospective borrowers build upon their credit history, Fair Isaac has just launched a new FICO Expansion score. Read More

A New Vacation-Ownership Idea- Family Compounds
It used to be a vacation concept utilized by only the rich; now the idea is being revisited and updated for today's family. Read More

Retirement Recommendation: Hold on to your Homes
Baby Boomers who are considering downsizing which would include selling their homes and renting should think twice. Read More

Unscrupulous Companies offer Mortgage Bailouts
Beware: as foreclosures rise around the country, so does the number of companies that are offering bail-out assistance; and not all of them can be trusted. Read More

Short Sales and Foreclosures in San Diego
The impact of lenders loaning money to high risk home buyers are resulting in an increase in Short Sales and Foreclosures. Read More

Worried Borrowers: Here are Some Words of Wisdom
The recent problems in the mortgage lending industry have dominated the news; causing home owners that hold adjustable rate mortgages to wonder if it is time to re-evaluate their loan. Read More

Rate Hikes Possible to Curb Inflation Rate
The Federal Open Market Committee is a group of central bank officials make decisions to raise, lower or not to change the federal-funds rate. Minutes from the group's March meeting report that the rate was left unchanged at 5.25%. This decision indicates that policymakers tend to view hikes in rates as a possible way to slow the inflation rate. Read More

Borrowers Want to See Bankruptcy Laws Changed
Three separate nonprofit organizations told Congress on April 12 that current bankruptcy laws needs to be changed. The standing laws do not offer any assistance to persons on the verge of foreclosure to and in danger of losing their homes. Read More

National Association of Realtors want Revamp of FHA Rules
The NAR, in response to the recent rise of foreclosures are encouraging swift actions to change the FHA mortgage insurance program. NAR believes change is needed to help families avoid foreclosure in the future. Read More

Americans Are Optimistic Regarding Home Values
A study suggests that Americans believe their neighborhood home values will remain steady or even increase over the next 6 months. Read More

Appliances: When to Fix, When to Replace
If you have an appliance that isn't working properly, perhaps a look at this handy reference guide from the May 2007 issue of Consumer Reports can help you decide what to do with your appliance. Read More

Boost your Home's Selling Appeal
When selling your home, keep in mind that the appearance of the exterior is just as important as the interior. Read More

More Buyers Want to Walk to Goods and Services
The next market trend could be geared towards families that do not have any school-age children. These households tend to be buyers that desire neighborhoods where goods and services are within walking distance to their homes. Read More

Moratorium on Foreclosures Demanded by Coalition
Blaming the recent surge of foreclosures on reckless and unaffordable loans, a coalition of civil rights groups has called for a 6-month moratorium on foreclosures that are the direct result of subprime loans. Read More

Bankruptcy for Top Subprime Lender
New Century Financial Corporation, filed for bankruptcy protection on Monday, April 2. Once the nation's second largest mortgages to high- risk borrowers; the company was also under government and consumer advocate criticism. Read More

Home Appreciation Not Counted by American's Savings
When Uncle Sam measures American's Savings he doesn't count Home Appreciation. The author of a new book on investing: The Only three Questions That Count, Ken Fisher, of Forbes Magazine states that the value of being a home owner is not factored in to the way savings are measured in the United States. Read More

Quick Home Staging Solutions
When the housing market is slow, it is even more important to get your home ready to sell quickly. Ensuring that your home is presented to prospective buyers in its best condition possible is a priority. Read More

Anaheim, California: Disney Sues over Proposed Housing
SunCal Company wants to construct 1,500 housing units (which would also include affordable housing units) inside of the 2-mile square resort zone which surrounds the Disneyland Resort. The area is currently zoned only for hotels, shops, restaurants and theme parks. Read More

Top Zip Codes in country with greatest increase
Home prices in the nation's top ten zip codes have seen a dramatic increase during the recent five-year boom in prices. Read More

The Risks of Buying a Foreclosed Property
The NAR (National Association of Realtors) predicts that over the next 2 years, over one million homes will end up in foreclosure. Prospective buyers may tend to look at this situation as an opportunity to get a home at a bargain price. Read More

Foreclosures Affect Even the Rich
Even the wealthiest counties in the county are faced with a plague of foreclosures.

Homes that are worth more than four times the average median price were sold on the auction block this month. Some homes sold for as much as $852,000, and officials believe that additional higher priced homes are on the way to auction. Read More