Chula Vista Real Estate News
20 hrs ago | via KRQE Albuquerque
Sales of existing homes jumped 6.1 percent last month to a seasonally adjusted annual rate of 5.19 million, the National Association of Realtors said Wednesday. The gains were solid enough to suggest that housing might be returning to stable footing after enduring a boom, a bust and a stubbornly tepid recovery over the past dozen years. Comment?
Saturday | via The San Diego Union-Tribune
Q: After a slow 2014, does the March jump in sales mean that San Diego County will have a peak real-estate season this year? Why or why not? a Murtaza Baxamusa, directs planning and development for the Family Housing Corporation, of the San Diego Building Trades in Mission Valley : Yes. Increasing home sales and prices reflect a strong real-estate market all along the coast. Comment?
Friday Apr 24 | via San Diego Source
Never mind stocks, gold, bonds or even savings accounts; the highest percentage of investors, 31 percent, have opted for real estate as their choice for long-term profits. "Today, real estate is either the top choice or tied for the top choice as the best investment among all major gender, age and income groups," cites the Gallup survey released Thursday. Comment?
Thursday Apr 23 | via Rocky Mount Telegram
WASHINGTON U.S. home sales bloomed in March after a brutal winter, a sign of possible newfound momentum for housing. Sales of existing homes jumped 6.1 percent last month to a seasonally adjusted annual rate of 5.19 million, the National Association of Realtors said Wednesday. Comment?
Wednesday Apr 22 | via The San Diego Union-Tribune
The council unanimously voted for the limited ordinance instead of the city staff's recommendation that the vacation rentals be allowed in all the city. Owners would be required to get a business license and an operating permit, and follow policies and procedures. Comment?
Saturday | via Inside Bay Area
She wanted her grandson, who lived with her, to inherit her East Oakland home. So Harris, 78, deeded the property to Brian Mack and hired an attorney to set up a trust naming him beneficiary. Comment?
Friday Apr 24 | via Quebec Chronicle-Telegraph
California's housing prices plummeted after the bubble burst in 2008 , but now are approaching levels not seen since the market's height-especially along the Southern California coast and around San Francisco Bay. This has reignited the perennial question: What should policy makers do to promote "affordable" housing? Earlier this month, the state Supreme Court heard arguments in a Northern California case that could have statewide impact, given that it ponders the constitutionality of one way officials promote the construction of lower-cost housing. Comment?
Thursday Apr 23 | via Business Journal
Seven years after the housing bubble popped, there are still homeowners who owe the bank more than their house is worth. But rising prices have put many long-term homeowners in the comfortable ranks of the "equity rich." Comment?
Wednesday Apr 22 | via Bloomberg
In the aftermath of the housing crisis, it seemed like millennials might give up on homeownership in favor of a lifetime spent renting squalid apartments in gentrifying urban centers. Fears of that grim scenario have mostly passed, and it's not uncommon to hear of young faces at open houses, or to read surveys in which renters say they're finally ready to fork over a down payment. Comment?
Tuesday Apr 7 | via Inside Bay Area
The California Supreme Court on Wednesday will consider how far cities can go in trying to provide more affordable housing across the state as housing prices and rents continue to soar. In a challenge to San Jose's five-year-old affordable housing ordinance, the state's high court will hold arguments in Los Angeles in a case that tests a policy tool now in place in cities stretching from Santa Monica to Napa. Comment?
5 min ago | via KTMF
Deutsche Bank AG says it plans to "deconsolidate" its Postbank retail banking unit, in which it has held a ... . A traffic sign stands near the headquarters of the Deutsche Bank in Frankfurt, Germany, Saturday, April 25, 2015. Comment?
5 min ago | via Business Journal
As the weather warms and home buyers start scouring the market, there's more good news for them. Comment?
12 min ago | via Reuters
Britain's biggest banks face another 19 billion pounds of charges relating to past misconduct over the next two years, ratings agency Standard & Poor's said in a report on Monday. S&P said Britain's banks and customer-owned lenders had incurred 48 billion pounds in misconduct and litigation charges over the past five years. Comment?
22 min ago | via Seeking Alpha
The US dollar has recently appreciated tremendously, but changes in the Chinese Yuan's world reserve currency status could greatly reduce US dollar world demand. I am currently reading "The Black Swan" by Nassim Nicholas Taleb. Comment?
22 min ago | via Seeking Alpha
Mixed housing shows strong existing housing sales at the expense of new housing sales as buyers look for discounted distressed properties. This article looks at this week data which is weighing on the USD. Comment?
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