Burbank Real Estate News
Thursday | 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?
Sunday May 17 | via New Hampshire Public Radio -
Eighty-year-old Arlene Rosenblatt rents out her quaint converted duplex in Santa Monica, Calif., whenever she and her husband leave town to visit their seven grandchildren. She charges anywhere from $115 to $220 a night for her home, listing it on Airbnb and other sites. Comment?
Friday May 15 | via Business Journal
California's spring home-buying season kicked off in April with growth in both home sales and prices for the third straight month, according to the California Association of Realtors. Closed escrow sales of existing, single-family detached homes in California rose 9.2 percent to a seasonally adjusted annualized rate of 427,620 units in April, from the revised 391,440 homes sold in March, Los Angeles-based C.A.R. said. Comment?
Wednesday May 13 | via Business Journal
Housing affordability improved over the first three months of the year as lower interest rates and stabilizing home prices over the past year made it easier for more Californians to buy a home, according to latest data from the California Association of Realtors. The percentage of home buyers who could afford to buy a median-priced, existing single-family home in California rose to 34 percent in the first quarter from 31 percent in the fourth quarter and 33 percent in the year-ago period, according to C.A.R.'s Traditional Housing Affordability Index. Comment?
Wednesday May 13 | via Patch.com
The Los Angeles County Board of Supervisors voted May 12 to support state legislation that would impose a $75 fee on real estate transaction documents, excluding home sales, to fund affordable housing and home ownership programs. Supervisors Sheila Kuehl and Mark Ridley-Thomas recommended backing AB 1335, the Building Homes and Jobs Act, saying Los Angeles County needs nearly a half-million more affordable homes for low-income families. Comment?
Friday | 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 | 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?
Saturday May 16 | via The Orange County Register
Not so long ago, Orange County was a comparatively affordable place to buy a home. Not anymore. Comment?
15 min ago | via The Gleaner
Ian Allen/Photographer A child looks on as shoemaker Errol A'TippaA' Roberts stands ouside his shop at premises in George's Lane in downtown Kingston. Ian Allen/Photographer Icylyn Bailey sharing her experiences ouside her house at premises in George's Lane in downtown Kingston. Comment?
25 min ago | via Worcester Telegram & Gazette
Enthusiastic individual wanted who likes to multi-task and grow professionally. Computer skills required. Comment?
32 min ago | via Boston Herald
It's one of the dark corners of American real estate that doesn't get much attention from consumers: When realty agents representing potential buyers don't like the commission split offered on a particular listing, they might boycott it - simply not show the house to clients. The net result: Houses get less exposure. Comment?
2 hrs ago | via Independent.ie
THOUSANDS of young people who want to buy their own home are being locked out of the property market because of new Central Bank rules on mortgage deposits. THOUSANDS of young people who want to buy their own home are being locked out of the property market because of new Central Bank rules on mortgage deposits. Comment?
2 hrs ago | via Independent.ie
Its pension system has been described as unsustainable by international experts. Its inheritance tax is one of the highest in the world. Comment?
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