California home sales fell year over year for the seventh straight month in February, though inventory rose as sellers gear up for the spring homebuying season, according to the California Association of Realtors. Existing, single-family home sales in the Golden State last month fell 0.7 percent from January and 13.7 percent from a year earlier, Read More

Rare opportunity to own one of Malibu’s landmark properties, featuring unparalleled 360 degree views of the Pacific Ocean, Channel Islands, Boney Mountains, Sunsets and City Lights. An imaginative architectural creation nestled atop a promontory surrounded by nature on approx. 22.89 acres.The truly exceptional design of this home seamlessly marries form, function and nature. The voluminous Read More

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving down slightly after last week’s uptick, and remaining within range of average fixed rates for the first quarter of 2014. “Mortgage rates eased this week as housing starts declined 0.2 percent in February to a seasonally Read More

To most people, New York City has become an otherworldly real estate market. It’s the town where a skyrise condo just sold for more than $50 million — and it was only that cheap because it was raw space. But to the global rich, New York is a bargain. A new report shows that on Read More

U.S. household net worth jumped to a new high at the end of last year, as the value of real estate and shareholdings rose and bank accounts swelled. The Federal Reserve said on Thursday net worth increased $2.95 trillion to $80.66 trillion in the fourth quarter, eclipsing a previous record high. The value of households’ Read More

When the housing bubble burst in 2008, there was finger pointing about who was responsible. Some people blamed consumers, who took out loans they couldn’t pay back on homes they couldn’t really afford. Some blamed the banks, which wrote loans to nearly anyone who walked through the door. Regardless of where the blame truly lies Read More