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

Click on a headline to read the full story.

   
Calif. Lawmakers Try to Stop REO Bulk-Sales Program
California lawmakers have introduced a bill to try to prevent Fannie Mae from implementing an REO bulk sale program in the state, calling such a program unnecessary.               
New York Apartment Sets Sales Record
A New York penthouse sold for a record $90 million, the highest amount ever paid for an apartment in the city.               
Housing Affordability Reaches Record Highs
For the median-income family, buying a home has never been more affordable, new surveys show.               
    
Why a homebuyer's first offer is always the best offer
Real estate agents around the world generally go by the same mantra when discussing the first offer that a seller receives on their home: The first offer is always your best offer.              
Late payments on mortgages fall in first quarter of 2012
The percentage of U.S. homeowners behind on their mortgage payments dropped in the first three months of this year to the lowest level since 2009, according to a new report.              
Who sold what, published May 12, 2012
Residential transactions in Santa Clara County, San Mateo County, San Francisco and southern Alameda County, published May 12, 2012.              
   
   
Redo your roof the right way
It's hard to imagine a less enjoyable way to blow $5,000 to $15,000 (or more) than putting on a new roof.              
Artist's habitat in the Jersey woodlands
Ricky Boscarino is a sculptor, painter and jewelry maker whose biggest art project for the past 23 years has been his home on five quiet acres.              
Park Ave. co-op sells for record $52.5M
A recent sale in New York's famed 740 Park Avenue apartment building marked the highest price ever paid for a co-op in the city's history.              
    
Edward S. Lampert in Deal to Buy Nearly $40 Million Home
Hedge-fund manager Edward S. Lampert is in contract to buy on Florida's Indian Creek Island for nearly $40 million.              
Crime (Writing) Pays: Authors' Desert Retreat
Best-selling novelists Jonathan and Faye Kellerman write at their four-building compound outside Santa Fe, N.M.              
Off the Grid in Wine Country
This steel structure in Healdsburg, Calif., was built by its owners using mostly reclaimed materials.