Bakersfield Real Estate News
Friday Mar 20 | 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?
Wednesday | via Natl. Relocation & Real Estate
Freddie Mac recently released its updated Multi-Indicator Market IndexA showing that the U.S. housing market experienced some winter doldrums. While an improving labor market and attractive mortgage rates continue to promise a strong spring homebuying season, housing market stability stumbled a bit due to the cold winter and a softening of economic growth. Comment?
Wednesday | via The Heartland Institute
Important attention has been drawn to the shameful condition of middle income housing affordability in California. The state that had earlier earned its own "California Dream" label now limits the dream of homeownership principally to people either fortunate enough to have purchased their homes years ago and to the more affluent. Comment?
Wednesday | via The Auto Channel
March 25, 2015: Every day is Earth Day during the month of April along the 101 mile California Highway 1 Discovery Route. Visitors can participate an entire month of stewardship travel adventures, wine and culinary events, and lodging deals from more than 500 hotels, motels, B&Bs and vacation rentals along 10 destinations located along Coastal San Luis Obispo County. Comment?
Tuesday Mar 24 | via Independent Women's Forum
The middle class is the backbone of our country. It's been an aspiration for the poor or those new to our shores. Comment?
Wednesday | via The Signal
Keep Your Home California recently announced a new pilot program to help low- and moderate-income senior homeowners avoid foreclosure on their reverse mortgages. Senior homeowners who are at risk of losing their home to foreclosure due to delinquent property expenses associated with their Federal Housing Administration insured reverse mortgages could qualify for as much as $25,000 in assistance. Comment?
9 min ago | via Hospitality Net
The Center For Hospitality Research at The Cornell School Of Hotel Administration 537 Statler Hall Ithaca, NY 14853 United States Phone: 607-255-9780 Fax: 607-254-2922 Visit Website A new report from the Center for Hospitality Research highlights the factors that drive the interest-rate spread between loans for hotels and office buildings. That interest-rate spread, in which hotel loans become more or less expensive than loans for office buildings, is a predictor of the relative delinquency of the hotel loans. Comment?
1 hr ago | via Reuters
Link to Fitch Ratings' Report: Changing the Standardised Approach: Alternative Proposals Must Demonstrate Predictive Power here LONDON, March 27 Fitch Ratings says in a new report that the Basel Committee on Banking Supervision should assess the predictive power of its proposals to reduce reliance on ratings before committing to any changes. This will help avoid degradation in the quality of its risk-based bank capital framework which could undermine confidence and result in unintended consequences. Comment?
2 hrs ago | via NEWS.com.au
FOR the first time in a long time, two leaders have made it through a campaign without saying anything too stupid. But that doesn't mean we've heard the whole truth... LOOKING for a new home and wondering what suburbs are realistic? Our interactive map will show you how much you need to earn to afford the location of choice. Comment?
10 min ago | via MoneyWeek
Until 1914, and then between 1925 and 1931, Britain was on a gold standard. You could buy a house with gold. Comment?
13 min ago | via AK&M
Growth prospects for Russian mortgage lending will depend on the authorities' measures to subsidize rates and/or further policy rate cuts, as significantly higher bank funding costs have made unsubsidized rates unaffordable for most borrowers, Fitch Ratings informed. Segment asset quality is sound and significant rouble depreciation will have only a limited impact on major lenders, as they are less exposed to FX mortgages than some smaller banks. Comment?
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