Brea Real Estate News
Friday | via Laguna Woods Globe
Jurrors and court workers, a cross section of Orange County, California, leave the Santa Ana courthouse on Tuesday, March 8, 2011. Surging Latino and Asian populations accounted for virtually all of California's population growth over the last decade, new census data showed on Tuesday. Comment?
Friday Mar 27 | via Dr. Housing Bubble Blog
The Los Angeles and Orange County area becomes even more unaffordable when it comes to housing: In last two years home prices up 28 percent while wages are up 2 percent. L.A. is the most unaffordable housing market in the entire country. Comment?
Thursday Mar 26 | via Los Angeles Times
Mortgage rates fell this week, with lenders offering a 30-year fixed loan at an average of 3.69%, down from 3.78% a week ago, Freddie Mac said. The mortgage giant's weekly survey, released Thursday, showed the average rate on a 15-year fixed mortgage fell to 2.97% from 3.06% last week. Comment?
Thursday Mar 26 | via Los Angeles Times
Home prices have grown far faster than wages in Southern California over the last two years, a new report says. Home prices have grown far faster than wages in Southern California over the last two years, a new report says. Comment?
Wednesday Mar 18 | via The Orange County Register
Californians spend an average of 27 percent of their income on housing, compared to a national average of 23 percent, a state report said. Orange County needs to build 7,000 more homes a year than it is currently building to make housing more affordable, the state Legislative Analyst's Office reported this week. Comment?
Yesterday | via Planetizen
Los Angeles home prices have long since skyrocketed above median income. A report by the Legislative Analyst's Office shows how difficult it would be to build L.A. out of its predicament. Comment?
Saturday | via Hesperia Star
A recent report from the California Rental Price Monitor revealed that the state's rental growth has outpaced the rest of the U.S. every month for the last year. But for the High Desert rental market, where rates have been traditionally low, the Victor Valley continues to be one of the least expensive places to live in the Golden State. Comment?
Friday | 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?
Wednesday Mar 25 | 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 Mar 25 | 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?
20 min ago | via Reuters
Australian shares are expected to rebound on Tuesday after losses in the previous session, tracking overnight gains in Wall Street although continued weakness in oil prices and falling metals and iron ore will weigh on sentiment. The local share price index futures rose 0.8 percent, a 53.9-point premium to the underlying S&P/ASX 200 index close. Comment?
24 min ago | via Best of New Orleans
CNN/Money last week named New Orleans one of the worst cities for renters in the U.S. Housing prices have risen dramatically in the last few years, while the cost of living has stagnated. Housing advocates fear services like Airbnb will make things worse. Comment?
28 min ago | via Greenwich Citizen
DOW JUMPS 260: Here's what you need to know Texas looks really grim . The Dallas Fed's manufacturing outlook plunged again in March, to -17.4 from -11.2 in February, missing the expectation of -9. Comment?
31 min ago | via Daily Mail
Families face a raft of price hikes from this week on everything from the cost of a bath to prescription medicines. Advice organisations fear consumers could be lulled into a 'false sense of security' by the current Consumer Price Index 'zero' measure of inflation and fail to budget for the coming rises. Comment?
33 min ago | via The Morning Call
Regarding the letter to the editor about Obama fulfilling campaign promises: The statistics about the people who now have health insurance is impressive. I figured since the writer was able to acquire those stats that he could kindly acquire the percentage of people who lost their health insurance - like myself. Comment?
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