Residential

A pilot program has been introduced in Los Angeles County that will encourage homeowners to build a second dwelling on their properties that will provide housing house homeless people
A pilot program has been introduced in Los Angeles County that will encourage homeowners to build a second dwelling on their properties that will provide housing house homeless people.   According to a Los Angeles Daily News report, the county’s board of supervisors approved the program this week... Keep Reading....
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The 30-year fixed mortgage rate fell to its lowest point in six weeks, according to the Freddie Mac Primary Mortgage Market Survey for the week ending Aug. 10. The 30-year fixed-rate mortgage (FRM) averaged 3.90 percent, down from last week when it averaged 3.93 percent. The 15-year FRM this week... more
The housing inventory shortage could become tighter in 2018, according to a new study released by Realtor.com.   In a poll of 1,054 homeowners, the study found approximately 59 percent of respondents had no plans to sell their home in the next year, while 35 percent were planning to sell and... more
PHH Mortgage Corp. has agreed to an approximately $74 million settlement to resolve claims that it failed to meet underwriting regulation on loans that were insured by the Federal Housing Administration (FHA) and the Department of Veteran Affairs (VA) and sold to Fannie Mae and Freddie Mac.   The... more
The farmhouse and adjacent barn that inspired one of the most beloved books of the 20th century is now listed for sale
The farmhouse and adjacent barn that inspired one of the most beloved books of the 20th century is now listed for sale.   Realtor.com is reporting that the former Brooklin, Maine, residence of E.B. White, the author of the children’s book “Charlotte’s Web,” is now listed for $3.7 million. Built in... more