James K. Endo's Picture
James K. Endo
Phone: 408.445.3281
Office: 408.978.9000x241
Toll Free: 866.978.2800
Cell: 408.888.0334
Fax: 408.264.6184
Agent License #: 00993009

Real Estate News
Here are the latest real estate related news articles.

Click on a headline to read the full story.

   
Home Purchase Applications Rise 6.3%
Refinancing activity slipped 1.3 percent last week as interest rates rose slightly, according ot the Mortgage Bankers Association.              
Inventories Climb in ZipRealty's 26 Markets
Natrionwide housing supply rose 0.4 percent in August for the eighth straight month with steepest jumps on the West Coast.              
LEED Certification Takes the Lead
Green building now accounts for one-third of new construction in the United States, up from 2 percent in 1995.              
    
One in 10 homeowners with a mortgage face foreclosure
In a worrisome sign, the number of homeowners starting to have problems with their mortgages rose after trending downward last year. The number of homes in the foreclosure process fell slightly, the first drop in four years. More than 2.3 million homes have been repossessed by lenders since the recession began in December 2007.              
Who sold what, published Aug. 28
Residential transactions in Santa Clara County, San Mateo County, San Francisco and southern Alameda County              
Architectural gems languish on California home market
LOS ANGELES (AP) -- The home sale slump has left some dwellings designed by Frank Lloyd Wright and other architectural luminaries languishing on the Southern California market.              
   
   
Toll Brothers: First profit in 3 years
Homebuilder Toll Brothers made a profit last quarter -- its first in three years. And it largely has Uncle Sam's tax credits to thank for it.              
The latest real estate rip-off?
Would you be willing to pay the original builder a fee when you resell your home? That's an obligation some developers are trying to slap on homeowners in their communities.              
New home sales drop 12.4%
New home sales unexpectedly fell in July to the lowest level on record as the housing market continued to suffer from the end of the homebuyer tax credit boost.              
    
Good Schools, Bad Real Estate
Despite the housing slump, house hunting in good school districts frustrates parents who often have to settle for less house.              
Housing Takes a Dive
Homes with pools for under $400,000 in Georgia, Florida, and Texas.              
Mottola Asks $27.5 Million for Ranch
Former Sony Music Chief Tommy Mottola is seeking to sell his Aspen, Colo., property. Plus, Carole King is relisting her 128-acre Idaho ranch, and TV producer and executive Douglas S. Cramer has bought a Miami Beach house for $7.4 million.