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51% of homes sold above listing price in May: Redfin

Continued inventory shortages and heightened buyer demand led to a red-hot May where nearly 60% of homes went under contract in 2 weeks   Even in the face of record-low inventory and skyrocketing median home prices, homebuyers aren’t ...

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Mortgage rates settle in, hovering around 3%

So far, bond markets are taking the prospect of Fed tapering of monthly purchases of $40B in mortgage-backed securities and $80B in Treasuries in stride   Mortgage rates were up slightly during the week ending May 20, as borrowers with e...

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What Shopping for Your Fantasy Home Says About You

There are days when I embark on an Internet search for a country house so deep and comprehensive that I am convinced the click-trackers at the online real-estate resource Zillow are truly worried about me. From my home in Los Angeles, I start l...

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Actor Kellan Lutz Lists Contemporary Los Angeles Home

The three-story Playa Vista home is on the market for $3.08 million The Los Angeles home of “Twilight” actor Kellan Lutz and his wife, Brittany Gonzales, has hit the market for $3.08 million, Mansion Global has learned. The three-story ho...

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