Colton Real Estate News
Real Estate news for Colton, CA continually updated from thousands of sources.
Friday Jan 23 | via Lake Elsinore Valley News
The median price of a home in Riverside County rose by 7.1 percent in December, compared with the same month a year ago, while the number of homes sold jumped by 13 percent, a real estate information service announced on Jan. 14. According to CoreLogic DataQuick, the median price of a Riverside County home was $300,000 last month, up from $280,000 in December 2013. A total of 3,466 homes were sold in the county, up from 3,068 during the same month the previous year. Comment?
Friday Jan 16 | via Patch.com
Foreclosure activity in Riverside County dropped 16 percent last year, but despite fewer houses going on the auction block, the county remained one of the leading foreclosure markets in the state, according to figures released Thursday by a real estate tracking firm. In 2014, a total 10,850 mortgage default notices, auction sale notices and bank repossessions were recorded countywide. Comment?
Friday Jan 16 | via The Press-Enterprise
Blomquist expects to see more homeowner confidence in the market in 2015 as a result, and it's likely that builders will be pouring more slabs for new home construction. "I think we're at a point where nobody is concerned that there is enough foreclosures lurking out there that it will derail the housing recovery," Blomquist said, adding this spoiler alert: One last gasp of foreclosure activity is at the doorstep, and likely to hit in the middle of the year. Comment?
Thursday Jan 15 | via CBS Local
RIVERSIDE - Foreclosure activity dropped markedly last year in Riverside County, but the region remains one of the leading foreclosure markets in the state, according to figures released Thursday by a real estate tracking firm. In 2014, a total 10,850 mortgage default notices, auction sale notices and bank repossessions were recorded countywide, a 16.29 percent drop from 2013 - and 84 percent lower than in 2009, the year market analysts agree was the worst of the Great Recession in many locations. Comment?
Wednesday Jan 14 | via The Orange County Register
The median home price - the price at the midpoint of all sales - was $591,000 for housing deals that closed in December. The Orange County housing market ended 2014 on a so-so note, with home prices up a little, sales trending downward and another lackluster year forecast for 2015. Comment?
14 hrs ago | via Saratoga News
Photograph by Rose MeilySilicon Valley Association of Realtors 2015 president, Chris Isaacson, takes the oath of office, administered by California Association of Realtors 2013 president Don Faught, as the associationA s 2015 board directors look on. The Silicon Valley Association of Realtors' 2015 leadership team was installed on Jan. 14 at the Menlo Circus Club in Atherton. Comment?
Tuesday | via OpEdNews
Homeowner's Associations, created by deed provisions to serve homeowners in condominium developments, are often at odds with individual owners of units. Just last week, news out of New York reported that an HOA was suing a homeowner for parking his own pickup truck in his own driveway. Comment?
Tuesday | 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?
Monday | 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 Jan 25 | 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?
6 min ago | via Ocean View
Sometimes your past can come back to haunt you. This is especially true when it comes to credit reports and credit scores. Comment?
1 hr ago | via Wall Street Journal
A gauge of pending home purchases fell in December, a sign of somewhat softer demand in the U.S. housing market headed into 2015. Comment?
2 hrs ago | via BreakingNews.ie
Irish people are good savers too - with 89% of households having some savings - the median value of which is a 4,500. "Half the households in Ireland have less than a 4,500 in savings. Comment?
7 min ago | via KRMG-AM Tulsa
Average long-term U.S. mortgage rates rose slightly this week after four straight weeks of declines, while remaining near historically low levels. Mortgage company Freddie Mac says the nationwide average for a 30-year mortgage edged up to 3.66 percent from 3.63 percent last week. Comment?
8 min ago | via Carlsbad Current-Argus
Fewer Americans signed contracts to buy homes in December, a sign that low mortgage rates have yet to coax more buyers into the market. The National Association of Realtors said Thursday that its seasonally adjusted pending home sales index fell 3.7 percent last month to 100.7. The index ended the year below its 2013 average. Comment?
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