LA Times Real Estate:
 
Hot Property: Scarlett Johansson, Ryan Reynolds buy Los Feliz house for $2.9 million
9/4/2010 2:00 AM
The 1960s Buff & Hensman-designed Wong House has a pool, a walled garden and downtown and ocean views.....It seems as though actress Scarlett Johansson had no sooner sold her old place in the Hollywood Hills than she and her husband, actor Ryan Reynolds, closed on a house in Los Feliz for $2.9 million.

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Home of the Week: Chateau on Lake Arrowhead
9/5/2010 2:00 AM
Completed a few years ago, a Normandy-style estate was built to look a century old.....Glen and Linda Keane felt guilty about tearing down the O'Melveny family home. After all, John O'Melveny was part of a group of Los Angeles businessmen who formed Lake Arrowhead Co. in the 1920s and oversaw the lake's development into a popular resort desti...Read More
 
Fannie Mae tries to stimulate market for foreclosed homes
9/5/2010 2:00 AM
The mortgage giant quietly launches the HomePath program, which offers subprime-era terms for buyers: minimal down payments, no appraisals, no mortgage insurance and lower minimum credit scores. ....If you're a buyer with little cash or a small-scale investor looking for a deal on a foreclosed house, a little-publicized national lending progr...Read More
 
Home of the week update
9/5/2010 2:00 AM
How some of our previously featured properties have fared in the sales market.....Buff & Hensman-designed beach house

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Short-sale 'flopping' may be next big housing scam
9/5/2010 2:00 AM
Lenders lose an estimated $310 million annually in undervalued short-sale transactions, according to a study released in August.

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How to sue your homeowner association to get records or repairs
9/5/2010 2:00 AM
Question: I am fed up with my homeowners association and successive boards for sabotaging owner requests for records and refusing to fix maintenance problems in common areas that directly affect individual units. I believe I have no other choice than to sue the association and the boards. What are the steps I have to take?

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Locking out tenant is probably illegal
9/5/2010 2:00 AM
Keeping tenant out over concerns of illegal activities may be viewed as a 'constructive eviction.' Such moves as changing the locks to prevent access can bring significant penalties.....Question: I own a couple of houses that I rent out for extra income. Unfortunately, they are not in the best part of our town. I have a tenant living in one ...Read More
 
Index of pending home sales rises 5.2%
9/2/2010 11:31 PM
July's increase from June in the National Assn. of Realtors' gauge for previously owned residences follows two straight months of declines and a report that sales of such homes dived 27.2%.....An index of home purchase contracts for previously owned dwellings unexpectedly increased 5.2% in July over June, the National Assn. of Realtors said T...Read More
 
Mortgage rates set new record lows, might hold steady next week
9/2/2010 11:30 PM
Treasury bond yields, which influence the home-loan rates, have surged since Tuesday.....Mortgage rates fell for the 10th time in 11 weeks, setting fresh record lows, Freddie Mac reported Thursday. But a rebound in Treasury yields in the last two days raises the possibility that home-loan interest costs won't fall again next week.

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KB Home says SEC investigation over
9/2/2010 2:00 AM
The home builder's stock soars 11% after an announcement that there will be no action taken as result of an investigation into the company's accounting procedures.....Shares of Los Angeles-based KB Home soared on Wednesday after the home builder said an investigation by the Securities and Exchange Commission into the company's accounting and ...Read More




Today's News Stories from Bankrate.comĀ®:
 
Lose weight, save money?
9/7/2010 7:00 PM
Will whittling your waistline really add some heft to your wallet? Experts weigh in...Read More
 
Paperwork you need to get a home mortgage
9/7/2010 7:00 PM
Do you haveĀ strong credit? You'll still need to jump through hoops to secure a home loan...Read More
 
Is it safe to invest in a one-star bank?
9/7/2010 7:00 PM
What's more important: a bank's safety rating or its yield on deposits...Read More
 
3 smart tips for buying health insurance
9/7/2010 7:00 PM
Health insurance runs the gamut on costs and coverage. Follow these hints to make the right choice...Read More
 
5 tips to get a first mortgage
9/7/2010 7:00 PM
Applying for your first mortgage can be a hassle. Here are five ways to make it a little easier...Read More



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