Burbank Real Estate News
Real Estate news for Burbank, CA continually updated from thousands of sources.
54 min ago | via Los Angeles Times
Home prices in Los Angeles and Orange counties climbed 5.1% in November from a year earlier, according to a leading gauge. The 12-month gain, seen Tuesday in the widely followed Case-Shiller index, is an acceleration from October, when L.A.-area prices rose 4.9%. Comment?
18 hrs ago | via Business Journal
Pending home sales in California achieved annual growth in December for the first time in two years, and realtors expect market conditions to improve this year, according to the California Association of Realtors. Pending home sales grew 2.6 percent last month to an index of 70.9 from the 69.1 index recorded in December 2013. Comment?
Friday Jan 23 | via American Reporter
Readers who see three YouTube videos on our front page this past week must be curious. Has The Americzan Reporter become tabloid? Is the editor out of his mind? There is a simple explanation, and it is a news-related one. Comment?
Monday Jan 19 | via Dr. Housing Bubble Blog
Rents and housing prices unaffordable to middle class in Los Angeles: The typical LA renter needs to earn $33 an hour just to afford a basic apartment. Last year there was a report highlighting that LA and Orange County ranked number one in being the bubbliest housing markets in the US. Comment?
Wednesday Jan 14 | via Pasadena Star-News
Southern California's housing market fizzled in 2014 with sales falling 9 percent from a year earlier and price gains narrowing, CoreLogic DataQuick said Wednesday. December did bring some encouragement though, as sales of new and previously owned houses and condominiums rose 4 percent from a year earlier, the company said. Comment?
1 hr ago | via WTHR-TV Indianapolis
Several dozen people with candles and protest signs gathered near the alley where Denver police officers fatally shot a 16-year-old girl, recalling her bright smile and demanding answers about the deadly encounter. Some residents are calling for a special prosecutor to investigate the Denver officers who shot and killed a 16-year-old girl who police say hit an officer with a stolen car. Comment?
10 hrs ago | via CNN
That's according to a new report from RealtyTrac, which estimates that 7.3 million so-called "boomerang buyers" will return to the U.S. housing market over the next eight years. Foreclosures and short sales skyrocketed after 2007 during the darkest years of the financial crisis and Great Recession. Comment?
Sunday | via Seeking Alpha
Royal Bank of Canada just announced another big move into the US. In a deal expected to close in the fourth quarter of 2015, Royal is acquiring City National Bank, a California-based full-service bank catering to high net worth clients across a wide variety of industries. Comment?
Thursday Jan 22 | via National Mortgage News
Rising home prices have helped the nation's homeowners by increasing equity and lifting more of them out of 'underwater' mortgage situations - where the combined loan amount owed is higher than the home's estimated market worth. According to a new report released today by RealtyTrac Inc., a California-based real estate data firm, the number of properties in the United States that were 'seriously underwater,' that is, where the loan amount owed is at least 25 percent higher than the home's market value, dropped to 13 percent at the end of 2014. Comment?
Dec 19, 2013 | via Electrical Construction and Maintenance
A multi-institutional research team of scientists led by the U.S. Department of Energy's Lawrence Berkley Laboratory, in partnership with Sandia National Laboratories, universities, and appraisers found that home buyers consistently have been willing to pay more for homes with host-owned solar photovoltaic energy systems - averaging about $4 per watt of PV installed - across various states, housing and PV markets, and home types. This equates to a premium of about $15,000 for a typical PV system. Comment?
23 min ago | via 12NewsNow.Com
U.S. stocks tumbled in midday trading Tuesday, weighed down by disappointing business forecasts from big-name companies and an unexpected drop in orders of long-lasting goods. The slide sent the Dow Jones industrial average down nearly 400 points at one point. Comment?
27 min ago | 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. WASHINGTON - The U.S. Treasury is taking the lead on addressing currency manipulation, U.S. Trade Representative Michael Froman said on Tuesday. Comment?
Thursday Jan 8 | via Philly.com
U.S. home prices rose at a modest pace in November, held back by weaker sales and a limited number of houses for sale. The Standard & Poor's/Case-Shiller 20-city home price index, released Tuesday, increased 4.3 percent in November from 12 months earlier. Comment?
6 min ago | via Townhall
With tearful eyes, grateful widows Pei Xia Chen and Maritza Ramos embraced Frank Siller, chairman and CEO of the Stephen Siller Tunnel to Towers Foundation, at a news conference held earlier this month to announce that more than $800,000 had been raised to pay off the mortgages on their homes. Just days before Christmas, their husbands, NYPD Officers Wenjian Liu and Rafael Ramos, were gunned-down while sitting in their patrol car in Brooklyn. Comment?
14 min ago | via The New Zealand Herald
" Sales of new U.S. homes accelerated strongly in December, a sign that home-buying may improve this year after a lackluster 2014. The Commerce Department said Tuesday that new home sales climbed 11.6 percent last month to a seasonally adjusted annual rate of 481,000. Comment?
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