The California Association of Realtors announced a new TV, Web, radio and print ad campaign today that highlights the positive impact its 155,000 members have on the state's economy.

Two 30-second TV spots, featuring the "ripple" effect that the facilitation of home buying and selling has on the economy and families, will air on the ABC network in San Diego, Los Angeles and San Francisco from today through June 16. In addition, on April 17, a spot will air during the network's hit show "Modern Family" in the three markets.

A national multiple listing service run by the National Association of Realtors should be ready by late summer, the large trade association announced today.

NAR has been working for the last decade to put all of the nation's agent-represented homes for sale into one database, consolidating the 800-plus multiple listing services in the U.S. in the process.

"Everybody has been on board with the national MLS idea for a long time and we've been working on it for the last decade," the trade group said in a press release.

On the first day of April each year, communities, businesses and news outlets come up with stories intended to fool, amuse, and, sometimes, satirize. Here's a roundup of the posts ...

The National Association of Realtors will launch its tech-conference tour this month, the trade group announced today. The first event of the tour will be held on April 12 in Fairfax, Va., and others will follow in different locations throughout the summer and fall ...

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A new study published in the journal Housing Policy Debate may have identified another contributing factor to the financial crisis: neighborhood zoning ...

A price quote means nothing until it is properly locked with the lender. A rate lock, as it is commonly called, is the lender's commitment that it will make the specified loan at the specified price within a specified future period. The price includes not only the interest rate but also points, which are upfront charges expressed as a percent of the loan; fixed-dollar charges; and (if the loan is adjustable-rate) the margin and maximum rate.

It's always hard to predict how long it will take to find a home to buy. Given the current low-inventory environment, it may take you longer than it would in a balanced market that has enough homes for sale to satisfy the current buyer demand.

Patience needs to be a key component of your home search mentality. Even if a home you like a lot comes along quickly in your search, other buyers may have the same idea. You could end up in competition. If you aren't the winning bidder, don't let disappointment immobilize you.