Colton Real Estate News
Real Estate news for Colton, CA continually updated from thousands of sources.
Wednesday Sep 17 | via Patch.com
A Lake Elsinore man accused of perpetrating a home loan modification scam targeting distressed property owners in California and Hawaii pleaded not guilty Wednesday to felony charges. Duy Khac Nguyen, 34, was arrested in June following a nearly three-year investigation conducted by the Riverside County Sheriff's Department, Honolulu police, U.S. Postal Service and U.S. Secret Service. Comment?
Monday Sep 15 | via Los Angeles Times
A new report from Beacon Economics and City National Bank points to a comeback in the Inland Empire. Above, homes being build in Rancho Cucamonga. Comment?
Friday Sep 12 | via The Press-Enterprise
Providing low-cost housing in Southwest Riverside County to individuals in crisis, Project Touch works to prevent homelessness and build community. Anne Unmacht was a successful real estate agent, but she felt that something in her life was missing. Comment?
Friday Sep 12 | via Lake Elsinore Valley News
The real estate market is experiencing a slowdown nationwide and southern California specifically, Southwest Riverside County is no exception. The market is changing dramatically from a seller's market to a buyer's market. Comment?
Thursday Sep 11 | via The Press-Enterprise
There may have been a supermoon in the skies this summer, but August 2014 will go down as the worst month for home sales in four years. CoreLogic's newest DataQuick real estate report on Southern California says the 18,796 home sales across the six-county region were a four-year low, falling 18.5 percent from August 2013. Comment?
58 min ago | via Business Journal
This marks the third office in the region for Seattle-based bank, which for nearly two years has been opening mortgage loan production offices in California. The new office is at 3017 Douglas Blvd., and it will be managed by Brook Baker , a 23-year banking veteran, most recently with Provident Bank Mortgage and JP Morgan Chase . Comment?
11 hrs ago | via Jewish World Review
Eight years after one of the most severe housing market downturns in history, the slow recovery has finally stanched the bleeding of existing home values. In the past year have experienced the largest increases, ranging from 11.4% to 20.5%, in existing single-family home prices among cities with population of more than 250,000 for the year ending . Comment?
Yesterday | via Post and Courier
Advertised as a path to an affordable retirement, federally insured reverse mortgages are showing signs of a rebound while drawing the scrutiny of regulators seeking to reduce historically high default rates that have cost the government billions. Industry analysts expect strong growth as the housing market improves, particularly in once-hard-hit Sun Belt areas including Phoenix, Miami and San Diego, and aging Americans find value in growing old in their homes. Comment?
Friday | via Business Journal
Comstock, which has 16 offices and 180 employees, originated $600 million in mortgages in 2013. For the past several years, Comstock has been acquiring other mortgage companies. Comment?
Thursday Sep 18 | via LA Daily News
Southern California has been called the Silicon Valley of toxic lending since many of the mortgage companies that originated problematic mortgages were headquartered here. Now the successor of one of the biggest culprits of the financial crisis that devastated California communities is poised to take part in a $70 billion bank merger. Comment?
7 min ago | via WBTV
For the last two years Brittany Enoch has been renting a home where she lives with her six-year-old daughter. "Didn't know how quick it was going to be but I always dreamed of having my own home," Brittany said. Comment?
9 min ago | via San Diego Source
California home resales pulled back in August, reversing two months of increases, as the median home price rose from the previous month and year, the California Association of Realtors said. Comment?
1 hr ago | via Philadelphia Weekly
Housing economist Tom Lawler thinks it a bit strange that in reporting a 5.3 percent annual decline in the pace of existing home sales in August, the National Association of Realtors pointed the finger of blame at a drop in all cash sales. Writing for the Calculated Risk blog, Lawler says NAR's conclusion that the share of all cash sales dropped from 29 percent in July to 23 percent last month is suspect, because it's based on a survey of Realtors that often doesn't match market trends. Comment?
1 hr ago | via Philadelphia Weekly
In a deal that could be expanded to include franchise affiliates in other states, Windermere Real Estate's 10 company-owned brokerage offices in the Seattle market have joined the RealtyTrack Network. RealtyTrac launched the brokerage network last year , promising partners media exposure, market data and leads. Comment?
3 hrs ago | via Patch.com
As the Chicago area continues to dig itself out from a housing crisis that has hit the suburbs hard in recent years, the first half of 2014 did bring some good news. From January to June of this year, the Chicago area saw the lowest level of new foreclosure filings since 2007, according to recent data released by the Woodstock Institute, a research and policy organization that specializes in fair lending, wealth creation and financial systems reform. Comment?
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