California Real Estate News
Real Estate news for California, MD continually updated from thousands of sources.
Sep 18, 2014 | via The Jersey Journal
A scary number, but it's better than the national average, according to a recent study by The Urban Institute. The study, based on credit reports from TransUnion, found 35 percent of Americans have debts in collections, compared to 29.3 percent of New Jerseyans. Comment?
Sep 4, 2014 | via Daily Herald
Older homeowners often ask their grown children to help draft a will or living trust, but problems can arise if parents live in one state and the kids live in another. Q. I live in Texas, but my parents retired to Florida several years ago, and their home and all of their other assets are there. Comment?
Aug 8, 2014 | via Inside Bay Area
California consumers rank among the nation's biggest spenders on housing and the lowest spenders on energy, according to new government data. Comment?
Aug 7, 2014 | via Los Angeles Times
Consumers in California are among the heaviest spenders in the country for housing and utilities but spend less than the national average for healthcare, energy, and food and beverages, according to new government data. Comment?
Thursday Dec 11 | via The Washington Post
These sales data recorded by the Maryland Department of Assessments and Taxation were provided by Black Knight Financial Services. For information about other residential real estate transactions, visit www.washingtonpost.com/homesales . Comment?
Sunday Dec 7 | via WTOP-FM Washington
Less than a year after a federal appeals court ruled Freddie Mac is exempt from state and local real estate recordation taxes, the housing finance giant has sued the state of Maryland and Prince George's County for refusing to record a deed on a $58 million property sale if Freddie Mac didn't pay those levies. Freddie Mac filed a lawsuit Dec. 3 against Maryland and Prince George's County finance officials for "illegally" charging it deed transfer and recordation taxes on the 2012 sale of a District Heights apartment building. Comment?
Friday Dec 5 | via Gazette.net
Prince George's County homebuyers may be eligible for a reduced mortgage rate and up to $20,000 in down payment assistance under a new initiative to promote home ownership. Homebuyers borrowing through the Maryland Mortgage Program, an initiative of the Maryland Department of Housing and Community Development, or MDHCD, and purchasing a home in Prince George's County may receive a 0.25 percent mortgage rate discount and $10,000 down payment assistance in the form of an interest-free deferred loan. Comment?
Tuesday Nov 25 | via Patch.com
In an effort to help families find their dream homes, the MMP Triple Play Initiative will provide $100 million for down payments. For over 30 years The Maryland Mortgage Program has administered loans to homebuyers and the new initiative introduced on Nov. 20 will help continue that effort. Comment?
Friday Nov 21 | via Business Journal
Prince George's County was one of the hardest-hit parts of Maryland during the foreclosure crisis, and now a new program is aimed at boosting homeownership there. Comment?
2 hrs ago | via Newsday
Joshua R. Powers of Huntington has joined Carter, DeLuca, Farrell and Schmidt in Melville as an associate. He was a research assistant for NuVant Systems in Boston. Comment?
9 min ago | via Business Wire
A complete list ... 1800Recycling.com to Profile Recycling Efforts in Phoenix, Albany, Arlington, Gainesville, Greensboro and Other North American Cities in Q1 2015 )--1800Recycling.com, an interactive website dedicated to enhancing and democratizing the consumer recycling experience while making practical suggestions about green liv... )--Silver Bay Realty Trust Corp. , declared today a quarterly dividend of $0.06 per share of common stock for the fourth quarter of 2014. This dividend is payable ... )--Learning Tree International announced today its revenues and results of operations for its fourth quarter and full fiscal year 2014, which ended October 3, 2014. Comment?
9 min ago | via Star Tribune
The International Monetary Fund said Thursday it won't release $108 million in rescue money for bailed-out Cyprus after the country's parliament voted to hold a key foreclosure law from taking effect at the end of December. An IMF statement said the month-long suspension of the law contravened the terms of its $12.28 billion rescue deal reached in March last year. Comment?
27 min ago | via The Montgomery Advertiser
Daniel Pratt's historic cotton gin factory goes on the auction block at noon Dec. 29 for mortgage foreclosure. Pratt founded the city that bears his name in 1839. Comment?
35 min ago | via The Washington Post
The $2.1 billion hedge fund firm, started by ex-Deutsche Bank AG executive Weingord, is planning a fund dedicated solely to buying the riskiest pieces of bonds backed by commercial properties, according to a presentation, a copy of which was obtained by Bloomberg News. Holders of so-called B pieces are the first to lose money when borrowers default; in exchange they earn higher returns and control which mortgages are included in new deals created by Wall Street, making them gatekeepers for the rest of the $550 billion market. Comment?
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