Boulder Creek Real Estate News
14 hrs ago | via Santa Cruz Sentinel
Median price: $755,000 Unsold Inventory Index: 2.8 months Median price: $405,000 Unsold Inventory Index: 3.7 months SANTA CRUZ >> High-end buyers have been busy in Santa Cruz County, with one of every five single-family home sales in April fetching more than $1 million. That drove up the median price - the midpoint of what sold - to $755,000, the highest since August 2007, and up from $625,750 a year ago, according to Gary Ganges of Real Options Realty, who tracks the numbers. Comment?
Friday May 22 | via Santa Cruz Sentinel
The residential mortgage industry has three categories of occupancy: principal residence, vacation or second home and rental property. Since a homeowner's principal residence is the one property that is most likely to be well taken care of and least likely to go into foreclosure, lenders offer the lowest rates on these properties and offer down payments as low as 3 percent. Comment?
Monday May 18 | via Santa Cruz Sentinel
The county will stage a lottery May 29 for this Measure J, two-bedroom, two-bath home at 119 Atherton Loop in Aptos with a $328,577 price tag. This is the income ceiling for buyers of the two Measure J affordable homes to be sold in a lottery May 29 by Santa Cruz County. Comment?
Wednesday May 20 | via Contra Costa Times
An unusual opportunity is available this week for first-time home buyers willing to trade off appreciation to buy a house at a below-market price. One is a two-bedroom town home at 119 Atherton Loop, Aptos, near Cabrillo College. Comment?
Friday May 8 | via Santa Cruz Sentinel
Realtors are busy, title companies are swamped and mortgage lenders are trying to keep up. The low mortgage rate market is still creating demand for refinancing and the continuing trend of way more buyers than listings is keeping sales prices climbing. Comment?
Friday May 22 | via Daily Herald
There's plenty you can do to affect how much money you make on a home sale or spend on a purchase, according to Consumer Reports' recent survey of real estate pros. In a typical transaction, the money you stand to gain from making smart moves -- or lose from making poor ones--can be substantial, from 11 percent to 20 percent of a home's value, according to the survey. Comment?
Friday May 22 | via Banker & Tradesman
A new report from real estate data collector RealtyTrac shows U.S. foreclosure filings were up 3 percent in April compared with March and up 9 percent from the same time last year, reaching their highest levels in over a year. The U.S. foreclosure rate in April was one in every 1,049 housing units with a foreclosure filing, according to RealtyTrac. Comment?
Thursday May 21 | via Monterey County Herald
The University Village Apartments, an affordable housing development off Second Avenue in Marina, are under contruction in March 2014. Monterey >> Rising home prices so far this year have kept Monterey County home affordability at near-record lows, contributing to an increase in rents. Comment?
Wednesday May 20 | via Palo Alto Weekly
Home sales are provided by California REsource, a real estate information company that obtains the information from the County Recorder's Office. Information is recorded from deeds after the close of escrow and published within four to eight weeks. Comment?
Wednesday May 20 | via JD Supra
Policyholders seeking insurance funds to settle a case often face an insurer's demand that some amount should be allocated to uncovered claims or parties. The issue arises often under directors and officers liability policies, when settlements resolve the liability of covered directors and the uncovered company. Comment?
4 min ago | via WBUR-AM Boston
Florence Hagins, a quiet storm of a Boston housing activist, died March 21 in Jacksonville, Florida. She was 67 years old. Comment?
6 min ago | via SNL Financial
Mortgage applications were down 1.6% during the week ended May 22 from one week prior, the Mortgage Bankers Association reported May 27, citing its weekly mortgage application survey. The market composite index, which measures mortgage loan application volume, was down 1.6% week over week on a seasonally adjusted basis, while on an unadjusted basis, it was down 2% over the same period. Comment?
6 min ago | via The Beaumont Enterprise
U.S. stocks rose modestly in late morning trading Wednesday, recovering part of a steep loss from the day before. Comment?
1 hr ago | via The Washington Post
In the latest attack on the IRS, criminals went after something a lot more personal than money. Exploiting a weakness in the IRS' Web site, they obtained a motherlode of taxpayer information, including income levels, children's names, bank accounts and details about the specific tax credits people file for. Comment?
17 min ago | via Business Journal
Douglas Development Corp., which as been courting tech-centric tenants like WeWork for its historic renovation projects across the District, has landed one of the nation's fastest-growing residential real estate brokerages at its latest project on 14th Street near Logan Circle. Comment?
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