Coloma Real Estate News
Tuesday May 12 | via Business Journal
Market indicators continue to suggest a downright hot homebuying summer for the Sacramento region, with new home sales, open escrows and median prices all continuing upward in April. From new houses to existing ones at the lower end of the market, the Sacramento region continued the slow, steady simmer of recent months in April. Comment?
Friday May 8 | via Los Angeles Times
Teachers travel to a series of rallies by bus in April during negotiations for a new contract with the Los Angeles Unified School District. Teachers travel to a series of rallies by bus in April during negotiations for a new contract with the Los Angeles Unified School District. Comment?
Friday May 8 | via Business Wire
1, CA ratings at 'AA-': All of the CFD special tax bonds are secured by the combined proceeds of annual special taxes levied and collected from property within CFD Nos. 1, 2, and 3. The special tax levy is capped at currently-levied maximum rates, with automatic annual adjustments of 2%-3%, for various parcel categories. Comment?
Tuesday Apr 28 | via Rocklin and Roseville Today
A federal grand jury returned a 21-count indictment against Abolghasseni "Abe" Alizadeh, 56, of Granite Bay, and Mary Sue Weaver, 62, of Roseville, charging them with various counts of mail, wire and bank fraud in connection with schemes to defraud lenders in large commercial real estate transactions between mid-2004 and April 2008, United States Attorney Benjamin B. Wagner announced. According to court documents, Alizadeh, a property developer, was formerly the principal partner in Kobra Properties, a company that owned numerous commercial real estate properties in Northern California. Comment?
Apr 3, 2015 | via JD Supra
PACE loans can cover up to 100% of the cost of a project, depending on the specific program and the particular project. Similar to other assessments, a PACE assessment runs with the property and can be transferred to a purchaser upon sale. Comment?
Friday May 22 | 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 May 21 | 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?
1 hr ago | via Sydney Morning Herald
The big banks will have to raise $18 billion of new capital if the Australian Prudential Regulation Authority implements a key recommendation of the financial system inquiry, ratings agency Standard & Poor's says, a move that could curb the rate of growth in home lending and reduce pressure on house prices. Comment?
8 min ago | via Morning Journal
Changes to a traffic signal on Seventh Street that ironically were targeted to ease traffic are causing major backups, Dennis Moeller of the St. Jude Parish said. Moeller went before City Council to see if the city knew about the signal change problems, which Mayor Bryan Blakeman assured them they did. Comment?
43 min ago | via ArkansasBusiness.com
The fortunes of Searcy's Ridout Lumber Co. and homebuilders are thoroughly intertwined. Comment?
1 hr ago | via Cape Cod Times
There are a lot of numbers that get bandied about when it comes to Cape Cod housing. One of the most quoted number, and perhaps the most important, has less to do with housing and more to do with what happens when the cost of housing outstrips the ability of people living in an area to pay for it. Comment?
1 hr ago | via Tyler Morning Telegraph
Home prices in the Tyler area real estate market are rising, but that shouldn't discourage residents from filing valuation protests if they believe their property appraisal is unfair, Smith County Chief Appraiser Mike Barnett said. The deadline to protest residential property valuations is June 1. Barnett said about 8,000 business-personal property appraisals should be in mailboxes soon. Comment?
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