Apple Valley Real Estate News
Monday Apr 20 | via Mortgage News Daily
Bottom Right Default State Name: State Name underscore: State Name dash: State Name lower underscore: State Name lower dash: State Name lower: State Abbreviation: State Abbreviation Lower: It is a continuously updated stream of news from around the web Visit throughout the day for the latest breaking news. The head of the U.S. House Financial Services Committee calls "inadequate" the Federal Reserve's internal investigation into published reports on the details of market-sensitive policy deliberations in 2012. Comment?
Thursday Apr 16 | via LA Daily News
Some green shoots finally sprouted in Southern California's housing market in March, as sales increased 11 percent from a year earlier and the median price hit its highest level in more than seven years, a market tracker said Thursday. Last month, sales of new and previously owned houses and condominiums in the six-county region rose from 17,638 in March 2013 to 19,603, the company said - a jump of 44 percent from February's 13,650. Comment?
Thursday Apr 16 | via Patch.com
Foreclosure activity in Riverside County dropped by double digits in the first quarter of the year, but the county remained among the leading foreclosure markets in the state, according to figures released Thursday by a real estate tracking firm. Between Jan. 1 and March 31, a total 3,278 mortgage default notices, auction sale notices and bank repossessions were recorded countywide. Comment?
Friday Mar 27 | via The Campbell Reporter
A student volunteer fills in a check during a Mad City Money program put on by Travis Credit Union at Paradise Skate Roller Rink in Antioch on July 29, 2014. Credit unions in the Bay Area outperformed their counterparts statewide during 2014, a trend that underscores the strength of this region's economy, according to information released Friday by the California Credit Union League. Comment?
May 14, 2013 | via Inland Empire Weekly
It's been two weeks since the FBI descended on the city and raided the mayor's house, the homes of four other city council members and a huge warehouse. And since that time, the FBI hasn't anything about why they searched those locations or what they were hoping to find in the first place. Comment?
Yesterday | via Quebec Chronicle-Telegraph
California's housing prices plummeted after the bubble burst in 2008 , but now are approaching levels not seen since the market's height-especially along the Southern California coast and around San Francisco Bay. This has reignited the perennial question: What should policy makers do to promote "affordable" housing? Earlier this month, the state Supreme Court heard arguments in a Northern California case that could have statewide impact, given that it ponders the constitutionality of one way officials promote the construction of lower-cost housing. Comment?
Thursday | via Business Journal
Seven years after the housing bubble popped, there are still homeowners who owe the bank more than their house is worth. But rising prices have put many long-term homeowners in the comfortable ranks of the "equity rich." Comment?
Wednesday Apr 22 | via Bloomberg
In the aftermath of the housing crisis, it seemed like millennials might give up on homeownership in favor of a lifetime spent renting squalid apartments in gentrifying urban centers. Fears of that grim scenario have mostly passed, and it's not uncommon to hear of young faces at open houses, or to read surveys in which renters say they're finally ready to fork over a down payment. Comment?
Tuesday Apr 7 | via Inside Bay Area
The California Supreme Court on Wednesday will consider how far cities can go in trying to provide more affordable housing across the state as housing prices and rents continue to soar. In a challenge to San Jose's five-year-old affordable housing ordinance, the state's high court will hold arguments in Los Angeles in a case that tests a policy tool now in place in cities stretching from Santa Monica to Napa. Comment?
Tuesday Mar 31 | via Inside Bay Area
The statewide housing crunch is raising prices and putting lower income groups into deeper financial straits as they attempt to keep up with housing costs, according to a new state report. "California's High Housing Costs: Causes and Consequences," released March 17 by the state Legislative Analyst's Office, examines the shortage of housing and says the state needs to revamp policies to build several hundred thousand new dwellings. Comment?
16 min ago | via The San Diego Union-Tribune
Toni-Diane Donnet, a commercial real estate broker with Keller Williams San Diego Central Coastal's Commercial Division, brokered the sale of the 27,403 Island Terrace shopping center at 1033 B Ave. This property closed escrow on March 20, 2015. Toni-Diane Donnet has been in the commercial real estate industry with Keller Williams for 5 years specializing in hospitatily. Comment?
32 min ago | via Myrtle Beach Online
Today, we stand at a crossroads in South Carolina. One path leads to opportunity. Comment?
41 min ago | via Seeking Alpha
The U.S. housing market has weakened of late due to waning buyer interest, lack of new supply, and weak wage growth. Ryland is trying to take advantage of weak supply by investing in land lots and accelerating community development, which will allow it to attract more customers. Comment?
41 min ago | via Seeking Alpha
As a result, the bank again increased estimates of future legal expenses to $3.0 billion from $2.5 billion, jeopardizing what could be paid to shareholders. Large banks have wrestled with producing positive earnings in an environment of restrictive regulations and low interest rates. Comment?
42 min ago | via Seeking Alpha
Present yields and price to book values of MORL's components provide some clues as to MORL's valuation and whether, as some fear, it is inordinately dangerous to own. I review CYS Investment's recent earnings report as further evidence as to whether MORL is fairly valued, and reach a conclusion about MORL's value. Comment?
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