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Melinda Farkas, Independent Broker

Providing Exceptional Service and Exceptional Results Since 1996

Call me today! 1.800.360.3714

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Real Estate News

Inside the Junk Castle home Fri, 01 Jun 2012 06:45:39 EDT Castles usually evoke images of moats and drawbridges, court jesters and thrones -- basically, the stuff of fairy tales. But the Junk Castle in rural Pullman, Wash., is far from anything you'll see in a children's story book.

In Kansas, trailers rent for $2,000 a month Fri, 01 Jun 2012 07:01:06 EDT In the oil boomtowns of southern Kansas, enterprising residents are turning into real estate moguls, renting out everything from double-wide trailers to rooms in an old bank for as much as $2,000 a month.

Mortgage rates keep plunging: 15-year below 3% Thu, 31 May 2012 12:45:05 EDT Mortgage rates continued to plunge to new lows this week, with interest rates on the 15-year fixed rate mortgage dipping below 3% for the first time on record.

Foreclosures made up 26% of U.S. home sales in first quarter Thu, 31 May 2012 05:19:10 EDT Homes in some stage of foreclosure accounted for more than one in four home sales during the first three months of the year, according to a report released Thursday.

Most affordable cities to buy a home Tue, 29 May 2012 11:05:52 EDT Based on home prices, median income and mortgage rates, these 10 cities have the most affordable home prices in the nation, according to the National Association of Home Builders and Wells Fargo.

Wells Fargo pledges $432.5M to settle lawsuit Thu, 31 May 2012 16:32:36 EDT Wells Fargo has promised $432.5 million in new loans and financial assistance to settle a lawsuit filed by the city of Memphis claiming the bank targeted minorities for predatory lending.

When Walmart comes to town, home prices go...? Wed, 30 May 2012 13:18:28 EDT But new research suggests new Walmart stores may actually drive nearby home prices higher.

Home prices lowest since 2002 Wed, 30 May 2012 15:02:07 EDT Home prices hit new post-bubble lows in March, according to a report out Tuesday.

Living off the grid in a mail-order home Tue, 29 May 2012 09:21:49 EDT House Arc may look like an egg-shaped antidote to McMansion mania, but this small mail-order home was really designed as a way to quickly provide housing to victims of disaster.

Be prepared for any home emergency Fri, 25 May 2012 07:08:09 EDT Sometimes disaster strikes, despite your best efforts to prevent it. And that means you should always be ready for the unexpected.

30-year mortgage rate hits another record low Thu, 24 May 2012 12:01:46 EDT Buying a home got even cheaper this week as interest rates on the 30-year fixed-rate mortgage set a record low for the fourth week in a row.

More than 30% of mortgage borrowers still underwater Thu, 24 May 2012 05:26:02 EDT Despite rising home prices, more than 30% of borrowers, or close to 16 million homeowners, were underwater on their mortgage during the first quarter, according to Zillow.

Save big on homeowners insurance Thu, 24 May 2012 11:28:37 EDT Reviewing your homeowners policy may not rank high on our annual home-maintenance checklist. Yet following the five steps below will save you big bucks now and a lot of grief down the road.

Sales of new homes inch up Wed, 23 May 2012 10:58:21 EDT Sales of new homes are showing some signs of life, growing 3.3% month over month to an annualized rate of 343,000 in April, according to a government report released Wednesday.

Danger zones: Common threats to your home Tue, 22 May 2012 14:32:58 EDT