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In 21 of the 24 major metro markets, new listings are outnumbering new sales contracts, according to the real estate brokerage ZipRealty in its latest market report. The supply of homes may “finally start to keep pace with frenzied buyer activity,” says Lanny Baker, ZipRealty CEO. In Los Angeles, for example, there were 16,170 homes for-sale from mid-February to mid-March. During that same time period, there were 9,533 homes under sales contract. However, new pending sales continue to outnumber new listings in Las Vegas, Raleigh, N.C., and Washington, D.C., according […]

A controversial proposal that would allow local government officials to use the authority of eminent domain to condemn residences with distressed mortgages is reportedly gaining traction in California once again. The proposal is being resurrected after facing sharp criticism a few months ago from Wall Street trade associations, such as the Securities Industry and Financial Markets Association and the Association of Mortgage Investors, as well as investors in mortgage-backed securities. However, Mortgage Resolution Partners (MRP), a San Francisco-based financier group, has signed advisory agreements with five California towns that would […]

Tom handles sales transactions for both buyers and sellers of Kelleher Real Estate, as well as managing all of the rental activity for our clients. Tom has been a member of the island community for over 30 years and lives in Oak Bluffs with his son, Kiric. When Tom first moved to the island in 1980, he taught at the Tisbury School and then later at the Martha’s Vineyard Regional High School. Since then, Tom has been employed as a university professor for 22 years, serving on the faculties of […]

Beautiful Las Cruces, New Mexico is located in the verdant Mesilla Valley in south central New Mexico, a growing community with a bright future. Las Cruces is the fastest growing city in New Mexico and the 11th fastest growing in the nation. Meet Aaron … Born and raised in Las Cruces, graduated in the class of 2000 at Las Cruces High School. Then attended New Mexico State University for two years until he decided to get his Real Estate license. After the Real Estate Licensing was complete, Aaron Spent a […]

With the housing recovery heating up and spring selling season in full swing, housing experts are expecting big crowds at open houses that will be held coast to coast this weekend. The Nationwide Open House, April 20-21, sponsored by the National Association of REALTORS® (NAR), will feature open houses across the country. Forty-five percent of recent home buyers report they’ve used open houses in their home search as a way to narrow down their choices, according to data from NAR. Top Producer and realtor.com® have teamed up to help real […]

Average fixed-rate mortgages moved lower this week amid data showing weaker consumer spending, Freddie Mac reports in its weekly mortgage survey. It marked the third-consecutive week that mortgage rates went down. Freddie Mac reports the following national averages in rates for the week ending April 18: 30-year fixed-rate mortgages: averaged 3.41 percent, with an average 0.7 point, dropping from last week’s 3.43 percent average. A year ago at this time, 30-year rates averaged 3.90 percent. 15-year fixed-rate mortgages: averaged 2.64 percent, with an average 0.7 point, dropping from last week’s […]

Mortgage lending is set to shrink 40 percent in 2014 compared to 2012, according to the Mortgage Bankers Association. This follows after last year’s record profits for many lenders, mostly attributed to a refinancing boom. But that refinancing boom appears to be subsiding as refis are set to drop to their slowest pace since 2008. In 2012, refinancing applications made up about 71 percent of all mortgage applications, but that percentage is expected to drop to 58 percent this year and decline to 32 percent by 2014, according to MBA’s […]

Leah … 2012 Realtor of the Year of the Athens Area Association of Realtors I am a 2001 graduate of the University of Georgia and I been a licensed Georgia Realtor® since 2004 and an Associate Broker since 2008. I have earned several Real Estate designations including the Accredited Buyer Representative (ABR), Graduate Realtor Institute (GRI), and Short Sales and Foreclosure Specialist (SFR). I have received many awards including the Realtor of the Year Award, the Good Neighbor Award, the Entrepreneur of the Year, the Rising Star Award and the […]

Four years ago my spouse and I relocated to Bloomfield from NYC. Relocating from NYC taught me the value of a knowledgeable, professional and committed agent. Living and working in the Montclair/Bloomfield community has given me extensive knowledge of the surrounding towns and communities. I can help you find the right community and the perfect home in the Montclair area. I will provide you with school, commuting, recreational and any other information you might need. Buying a home is a huge decision and who you chose to work with does […]

If you want to quietly buy or sell a home in Beverly Hills, real estate agent Jade Mills is one to call to get everything settled, all you have to do is take some outdoor signs and set them up. In the business for more than 37 years, Mills continuously ranks as one of the top-producing agents in the country, representing clients ranging from Jennifer Aniston to Charlie Sheen. But Mills won’t tell you that. Her business depends on protecting the personal lives of the A-listers she’s working with, all […]