Yo, Adrian! Sly's Desert Estate is Back on the Market

Sylvester Stallone and wife Jennifer Flavin may be walking a lot of red carpets soon, thanks to Stallone’s Golden Globe-nominated role in the movie “Creed” - but they still want to walk away from their luxury desert retreat.

Listed in November 2014 and removed in July 2015, the La Quinta home is back on the market, this time for $4.2 million, the Los Angeles Times reports.

The Hollywood couple bought the Mediterranean-style villa in 2010 for $4.5 million.

This is clearly one home where the “Rocky” creator won’t be stashing any trophies he brings home this awards season.

The listing agent is Josh Reef of the Hurwitz James Company.

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from Zillow Porchlight | Real Estate News, Advice and Inspiration http://www.zillow.com/blog/stallone-estate-on-the-market-190146/

Wells Fargo sued over German finance firm’s losses from crisis: ...

Wells Fargo sued over German finance firm’s losses from crisis: Wells Fargo continues to deal with the aftermath of the financial crisis and is facing a new lawsuit from an investor that suffered losses on faulty #mortgage-backed securities. http://www.housingwire.com/articles/35941-wells-fargo-sued-over-german-finance-firms-losses-from-crisis ❤️ #share #mortgage

Quicken Loans’ lawsuit against DOJ, HUD tossed out by federal...

Quicken Loans’ lawsuit against DOJ, HUD tossed out by federal judge: Quicken Loans shocked the #mortgage industry when it took a stand against the government and sued the U.S. Department of Justice and the Department of Housing and Urban Development back in April 2015. In its allegations, the #lender said it was being forced to make public admissions that were blatantly false. A judge, however, didn’t come to that same conclusion and tossed out the suit. Click the headline to read more. http://www.housingwire.com/articles/35939-quicken-loans-lawsuit-against-doj-hud-tossed-out-by-federal-judge ❤️ #share #mortgage

Top Reason to List Your House For Sale Now!: If you are...

Top Reason to List Your House For Sale Now!:

If you are debating listing your house for sale this year, here is the #1 reason not to wait!

Buyer Demand Continues to Outpace the Supply of Homes For Sale

The National Association of REALTORS’ (NAR) Chief Economist, Lawrence Yun recently commented on the inventory shortage:

“While feedback from REALTORS® continues to suggest healthy levels of buyer interest, available listings that are move-in ready and in affordable price ranges remain hard to come by for many would-be buyers.”

The latest Existing Home Sales Report shows that there is currently a 5.1-month supply of homes for sale. This remains lower than the 6-month supply necessary for a normal market and well below November 2014 numbers.

The chart below details the year-over-year inventory shortages experienced in 2015:

Anything less than a six-month supply is considered a “Seller’s Market”.

Bottom Line

Meet with a local real estate professional who can show you the supply conditions in your neighborhood and assist you in gaining access to the buyers who are ready, willing and able to buy now! http://www.simplifyingthemarket.com/2016/01/04/top-reason-to-list-your-house-for-sale-now/?a=242769-4eb2112ad1caac540e99a63dd199d5ed ❤️ #share #mortgage

Black Knight: Home prices keep rising, now just 5% off...

Black Knight: Home prices keep rising, now just 5% off pre-crisis peak: Home prices continued rising in October, marking the 42nd straight month of year-over-year home price appreciation, according to a new report from Black Knight Financial Services. http://www.housingwire.com/articles/35937-black-knight-home-prices-keep-rising-now-just-5-off-pre-crisis-peak ❤️ #share #mortgage

Monday Morning Cup of Coffee: Welcome to 2016: Well, since...

Monday Morning Cup of Coffee: Welcome to 2016: Well, since you’re reading this, it appears that we all survived another New Year’s Eve. And whether you spent it crammed into Times Square like a sardine, hanging from the rafters at a secret underground rave, or sitting at home on your couch and consequently falling asleep before the ball dropped, it’s now time to get geared up for 2016. So here’s a look back at how 2015 ended and what 2016 will hold, all in your Monday Morning Cup of Coffee. http://www.housingwire.com/blogs/1-rewired/post/35938-monday-morning-cup-of-coffee-welcome-to-2016 ❤️ #share #mortgage

Resolve to Hire a Real Estate Professional in 2016...

Resolve to Hire a Real Estate Professional in 2016 [INFOGRAPHIC]:

Some Highlights:

* Happy New Year!
* If you plan to buy your dream home or sell your house in 2016, resolve to use a real estate professional!
* Real Estate Professionals are there for you through the entire process to help with paperwork, negotiations, pricing, and so much more!
* Let’s get together to discuss the difference having a professional in your corner can make! http://www.simplifyingthemarket.com/2016/01/01/resolve-to-hire-a-real-estate-professional-in-2016-infographic/?a=242769-4eb2112ad1caac540e99a63dd199d5ed ❤️ #share #mortgage