A buyer waits for a chance to purchase a new home in Huntington Beach. (Mark Boster / Los Angeles Times),Fixed mortgage rates have leveled off more than a percentage point above recent lows, with Freddie Mac reporting that lenders this week were offering
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California home sales reached a multi-year high in August and home prices remained roughly flat from a month earlier, according to a new report.The median sales price dropped 0.6% from July to reach $361,000 in August, real estate firm DataQuick said Frid
Continue reading >>Pent-up demand for housing continues to lift new-home sales figures to their highest levels since 2008, according to new monthly figures released Tuesday by the Commerce Department.
Continue reading >>Currently, borrowers seeking loans backed by Fannie Mae and Freddie Mac are set to pay higher upfront fees starting April 1.
Continue reading >>The Sheraton Gateway Los Angeles Hotel, a 15-story inn next to Los Angeles International Airport, has been sold for $96 million to a Chinese real estate developer.
Continue reading >>The number of U.S. homeowners who owe more on their homes than they are worth declined to about 6.4 million in the third quarter of 2013, an 11% drop from the previous quarter, a report released Tuesday found.
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