Mortgage Rates Sink To New Low

Mortgage interest rates continued their descent into record territory this week, with the 30-year fixed-rate loan dropping to an average of 4.19% from 4.27% last week, Freddie Mac said Thursday.

Southern California home sales slide in August

Fading government stimulus and waning buyer enthusiasm caused Southern California’s housing market to soften in August — but not as badly as earlier in the summer. The median price for a Southland home in August dropped 2.4% from the month before to $288,000, the third consecutive month-to-month drop for the closely watched indicator, San Diego [...]

Diving home sales stoke new worries about economic recovery

The end of a popular government stimulus program drove home sales in July to their lowest levels in more than a decade, fueling fresh concerns about the economic recovery. Home sales fell 27.2% nationwide from a month earlier, the National Assn. of Realtors reported. That was a much bigger drop than expected, as the boost [...]

Sellers should ensure that condo projects are on approved list for FHA mortgages

Reporting from Washington — Condominium owners who are trying to sell in today’s agonizingly slow housing market should make sure that their community is on the Federal Housing Administration’s approved list. Ditto for someone who is thinking about refinancing a condo. Under a little-noticed edict put in place in December, the FHA is no longer [...]

How to Speed up the Sale of your Home

Fresh paint, small upgrades and a little bling can help attract buyers’ attention. By Marni Jameson Special to The Times June 22, 2008 BACK WHEN the real estate market was hot, sellers barely had to make their beds and do the dishes for their houses to attract buyers. Any extra effort often elicited multiple offers [...]

Short Sales, Not that Fun

Short sales: A tough road As an alternative to foreclosures, short sales are on the rise, but they can test the patience of all involved: sellers, buyers, banks. By Diane Wedner Los Angeles Times Staff Writer June 15, 2008 RESIDENTIAL short sales sound like a picnic: Owners need to sell their homes for less than [...]

Home Will Sell if the Price is Right

To sell home, make sure the pricing is right Homeowners and agents alike need to be realistic about the market and list for less. By Lew Sichelman United Feature Syndicate June 15, 2008 WASHINGTON — You can spruce up the outside of your house to the point where it stops passersby in their tracks. You [...]

Will Rogers State Park Saved!

In an article on Wednesday plans to close to state parks was abolished.  Read below: If state’s numbers don’t come up, bet on a sales tax hike The governor’s budget hinges on borrowing against lottery funds. By Evan Halper and Jordan Rau Los Angeles Times Staff Writers May 14, 2008 SACRAMENTO — In his latest [...]

Use the Web to Research Neighborhoods

RENTAL SAVVY Let your fingers do the walking — use the Web to explore new city By H. May Spitz, Special to The Times May 4, 2008 Question: I’m relocating to another city and don’t know what area to consider. How can I tell whether a neighborhood is convenient? Safe? Close to what I want [...]

Don’t Be left in the Dark

Don’t be left in the dark: Locate utility off/on valves By H. May Spitz, Special to The Times February 17, 2008 Do you know where the gas shut-off valve is for your apartment? Would you be in the dark if you needed to locate your breaker box? Many renters have no idea where various shut-off [...]