About 22 million Americans may lack enough home equity to move, keeping property listings tight and limiting sales as the housing market recovers, Zillow Inc. said. Forty-four percent of homeowners with mortgages owed more than their properties are worth or had less than 20 percent equity in the first quarter, the Seattle-based real estate data Read More

One of the first people to warn about homes becoming overvalued during the boom, finance and economics blogger Bill McBride, says housing’s future is “so bright, (he’s) gotta wear shades.” With household formation expected to pick up, and trends in new-home sales and housing starts indicating increased investment in real estate, McBride thinks housing and Read More

On May 18th, we celebrated the 130th birthday of one of the most highly regarded modern architects of the 20th century, Walter Gropius. Gropius’ contribution to architecture is that of an architect, philosopher and educator. He was the founder of the Bauhaus, the German “School of Building” that embraced a “total art” in the arts’ Read More

Bentley has partnered with luxury furniture maker Club House Italia and architect Carlo Columbo for the development of its new Bentley Home Collection. The new collection will combine traditional elements in contemporary contexts to enhance today’s residential, commercial and executive office interiors. Stefan Buescher, Director of Product and Marketing, Bentley Motors, said: For more than Read More

The National Association of Home Builders (NAHB) reported the housing market index (HMI) increased 3 points in May to 44. Any number under 50 indicates that more builders view sales conditions as poor than good. From the NAHB: Builder Confidence Improves in May:Builder confidence in the market for newly built, single-family homes improved three points Read More

The median list price in Laguna Beach this week is $2,597,000Inventory is up, and market action is trending down recently. While days on market appear to be trending lower, the overall conditions are weakening a bit. Supply and DemandThe Market Action Index has been trending lower for several weeks, while prices have remained relatively stable. PriceIn the Read More

With the Miami Heat’s quest to repeat as NBA Champions ongoing, team president Pat Riley is taking a moment to handle some personal business off the court: he’s looking for someone to rent his Malibu beach house. The leasing of his Malibu estate has become an annual even for Riley, who looked to bank $35,000-a-month Read More

The median list price in Newport Coast this week is $3,996,000. Demand measured by the Market Action Index is increasing, and days on market are trending downward. Even as more properties come available, these are positive trends for the market.   Supply and Demand Home sales have been exceeding new inventory for several weeks. Since Read More

In most of the world, homeownership isn’t seen as a natural step in the progress toward responsible adulthood. Outside the U.S., mortgages are for small amounts, for shorter times, and have adjustable interest rates. The popular U.S. 30-year mortgage with a fixed rate, which makes possible low monthly payments and a more certain future, is Read More