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Real Estate Information |
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Real Estate Information
More Articles from Real Estate Information: MORE RESOURCES: A former human resources director says he and former chief Bruce Karatz, who prosecutors say made more than $6 million from his options, tried to keep investigators from discovering the backdating.
Former KB Home chief Bruce Karatz engineered a massive stock option scheme that made him millions of dollars and then fought to keep it secret from investigators, a longtime company executive testified Wednesday.
Underwater on their mortgages and angry at banks, more borrowers are choosing to hand over the keys, even if they can afford the payments.
Wynn Bloch has always dutifully paid her bills and socked away money for retirement. But in December she defaulted on the mortgage on her Palm Desert home, even though she could afford the payments.
Led by double-digit jumps in coastal areas, the median sales price for the region reaches $275,000. The number of homes sold was nearly flat, up only 0.8%.
Southland home prices jumped 10% in February compared with the same month last year as foreclosure sales dropped significantly. San Diego and Orange counties made particularly strong gains.
Also: Joe Sebok and Kristan Cunningham design over Twitter, Facebook; TV writers Krista Vernoff and Kevin Maynard list in Los Feliz; former Robert Redford home in Malibu for sale.
Prolific songwriter and " American Idol" judge Kara DioGuardi's Spanish-style home in the Hollywood Hills is on the market at $1,649,000.
Sweeping views and passive green elements set apart the contemporary design by Hermosa Beach architect Patrick Killen.
A sweeping view of the Getty Center and the Santa Monica Mountains can be seen from a contemporary home in Bel-Air that features a passive green design.
Reduction of mortgage principal, usually considered taxable income, is expected to become more prevalent as the Obama administration and banks seek ways to prevent foreclosures.
With the Obama administration and private lenders actively considering mortgage-principal-reduction programs to help financially distressed homeowners, the Internal Revenue Service has issued an advisory to taxpayers who receive -- or seek to receive -- such assistance if it's offered.
Question: I have been on my homeowner association board of directors off and on for more than 15 years. With more than 40 town houses in our development -- and with nearly every unit having more than one vehicle -- we've got a growing noise problem.
Craftsman meets modern
In February, the number of homeowners with permanently reduced monthly payments grew to 168,708, the Obama administration reports, and 91,483 more trial modifications are approved.
The Obama administration Friday said its mortgage modification program continued to make progress, with the number of homeowners receiving permanently reduced monthly payments in February increasing by 45% to 168,708.
The average interest rate on a 30-year fixed-rate mortgage dropped to 4.95% this week from 4.97% last week, Freddie Mac said Thursday.
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