The actor bought his vintage-style home in 2007 for .050 million and, according to property records, was issued a notice of default in 2012, , with ,238 in past payments due on the original loan. (more…)
The Home Affordable Modification Program (HAMP) has done a dismal job of helping underwater homeowners. The reason is NOT because we’re spending too little on homeowner-relief programs and spending too much rescuing financial institutions, as a blog post last week on MarketWatch (more…)
Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 3.25 percent, the lowest rate since Jan. 15. (more…)
The U.S housing market is mending. With mortgage rates still south of 4 percent, the monthly carrying costs for owning a home rival the cost of rent in many U.S. cities. A home’s monthly payment, however, is just one part of the mortgage financing puzzle. Many buyers are worried (more…)
Housing number of the week: 56%. That’s how far back to normal the market is, according to our monthly Barometer. Tight inventory held back existing home sales and but boosted new home sales: Home Sales Dip as Demand Outstrips Supply (USA Today) Home Builders Gain Leverage as (more…)
Here are a few things to think about and properties to avoid when you are ready to invest your hard-earned cash equity capital. (more…)
Each month, past San Diego State University lecturer and Zillow Blog contributor Leonard Baron answers two questions from readers regarding buying, selling and investing. (more…)
Harris Real Estate University Daily Motivational Message. Listen in as Tim and Julie Harris share ways for top agents around the world to stay motivated everyday. STOP! Do you need listings NOW? Of course you do. Direct assignment pre-approved short sale listing leads emailed (more…)
Whether a given oddity of humanity is good or bad often depends on the context. For example, one of the best advertisements I’ve ever seen was a mortgage company billboard that read simply: Surprises Are For Birthday Parties. Implied: surprise parties are fun, but surprises (more…)
Harris Real Estate University Daily Motivational Message. Listen in as Tim and Julie Harris share ways for top agents around the world to stay motivated everyday. (more…)