Bakersfield Real Estate News
Monday Apr 13 | via TurnTo23.com
BAKERSFIELD, Calif. - FRESNO, Calif. - Evelyn Brigget Sanchez, 32, and Darling Arlette Montalvo, 34, both of Bakersfield, were sentenced today to two years in prison each for their involvement in a mortgage fraud scheme that ran from October 2005 to May 2007, United States Attorney Benjamin B. Wagner announced. Comment?
Mar 20, 2015 | via Los Angeles Times
An Amazon Fulfillment Center in San Bernardino. The logistics industry is a huge source of the Inland Empire's recent health. Comment?
Nov 12, 2014 | via The Fresno Bee
In 2014, the price we are paying for this misguided decision is the most expensive midterm election in history coupled with record low voter turnout. Either of these trends would be of serious concern; together, they are catastrophic. Comment?
Oct 29, 2014 | via Los Angeles Times
The Fed's key short-term interest rate has been at rock bottom since December 2008, and the focus in the markets now shifts to when Fed Chairwoman Janet L. Yellen, above, and her colleagues might begin to raise it. The Fed's key short-term interest rate has been at rock bottom since December 2008, and the focus in the markets now shifts to when Fed Chairwoman Janet L. Yellen, above, and her colleagues might begin to raise it. Comment?
Saturday | via Inside Bay Area
She wanted her grandson, who lived with her, to inherit her East Oakland home. So Harris, 78, deeded the property to Brian Mack and hired an attorney to set up a trust naming him beneficiary. Comment?
Friday Apr 24 | 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 Apr 23 | 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?
21 min ago | via The Greenwich Daily Voice
Greenwich's residential real estate activity stayed brisk in virtually every section of town, price point and housing option during an interesting first quarter. According to a quarterly report provided by Houlihan Lawrence, sales fell 7.2 percent in Greenwich compared with the first quarter last year. Comment?
27 min ago | via The Wilton Daily Voice
Single-family home sales jumped 13 percent in Fairfield County for the first quarter, compared with the same time frame last year, according to the first-quarter report from William Pitt Sotheby's International Realty. Days on market declined by 8 percent. Comment?
32 min ago | via The Danbury Daily Voice
Despite dreary weather, first-quarter residential real estate statistics looked encouraging for Fairfield County homeowners, especially in Danbury and Ridgefield, where the number of sales increased. Single-family home sales jumped 13 percent in Fairfield County for the first quarter, compared with the same time frame last year, according to the first-quarter report from William Pitt Sotheby's International Realty. Comment?
35 min ago | via Journal-Pioneer
Tony Tintinalli of the Bank of Montreal says it starts with examining the scope of your home renovation project, the budget and the required contingency fund. "The most cost-effective way, if you're going to borrow, is to use equity in your house," said Tintinalli, BMO's regional vice-president of personal banking. Comment?
37 min ago | via New York Daily News
In a legacy of the 2008 real estate crash, the number of abandoned homes stuck in the midst of foreclosure proceedings reached 3,525 in 2014, a 38% increase from the year before, a report from state Attorney General Eric Schneiderman found. Because foreclosure proceedings can linger for months and even years, homes are often left without upkeep and become problems for entire neighborhoods, the attorney general said. Comment?
Copyright © 2015 Topix LLC