Colton Real Estate News
Friday Mar 20 | via The Press-Enterprise
Neighbors to a "Bank Owned" real estate listing in San Bernardino on Friday, March 20, 2015, said they were glad to see a property that's been an eyesore in their neighborhood come on the market, taking it as a sign the value of their homes will start to rise and foreclosure activity is coming to an end. Foreclosure activity in the Riverside County region in February fell to levels not seen since July 2006, according to a new report from RealtyTrac. Comment?
Tuesday Mar 17 | via The Press-Enterprise
Price trumped all in the real estate market across Southern California in February, a recurring dynamic that had a hand in keeping a clamp on sales, according to a new real estate report. The CoreLogic DataQuick report Tuesday says the median price of 2,349 homes sold in Riverside County was $305,000, up 7 percent from $285,000 recorded in February 2014. Comment?
Tuesday Mar 17 | via Los Angeles Times
Home prices in the six-county Southland in February stayed about the same as they have been for nine months, while sales volume drooped compared to this time last year. That's according to new figures out Tuesday from CoreLogic DataQuick. Comment?
Tuesday Mar 10 | via LA Daily News
With interest rates hovering near historic lows, scores of California homeowners have refinanced their mortgage loans to get lower monthly payments. And Los Angeles County had the largest number of mortgage loans refinanced in 2013, according to a new report from SmartAsset , a New York-based personal finance technology firm. Comment?
Mar 28, 2013 | via Menifee 24
Realtor.com has recently released its data on the U.S. Housing Market for February 2013. The National Housing Data indicates that current listing inventories increased 1.15 percent, where the median list prices were slightly higher, increasing by $189,900.00. Comment?
6 hrs ago | via Inside Bay Area
The statewide housing crunch is raising prices and putting lower income groups into deeper financial straits as they attempt to keep up with housing costs, according to a new state report. "California's High Housing Costs: Causes and Consequences," released March 17 by the state Legislative Analyst's Office, examines the shortage of housing and says the state needs to revamp policies to build several hundred thousand new dwellings. Comment?
12 hrs ago | via San Diego Mortgage Report
I've probably funded over 400 VA home loans this decade; over 60 of those loans funded for condominium complexes not approved by the Veterans Administration. In Southern California, it's quite common along the coastal communities for buyers to look at condos, townhomes, or PUDs as lower-cost alternatives to single-family homes. Comment?
16 hrs ago | via Dr. Housing Bubble Blog
Pasadena and the art of marketing old homes: Los Angeles has many areas with very old homes and unsuspecting buyers purchasing into future cash outflows. People are desperately trying to find great deals on crap shacks . Comment?
18 hrs ago | via Mortgage News Daily
Home prices flattened on a month-over-month basis in January even as annual prices continued to increase S&P Dow Jones Indices said today. The Case-Shiller indexes for national as well as selected metropolitan areas changed only minimally from December, partially attributable to usually cold and wet weather according to the S&P monthly report. Comment?
18 hrs ago | via Forbes.com
I'm a staff writer at Forbes covering real estate: from ultra-luxury homes to foreclosures to the people making the deals happen. Until recently, I was a member of our Forbes wealth team, crunching numbers for our Forbes 400 and World's Billionaires lists. Comment?
5 min ago | via The Washington Post
It was 1994, and some of the mortgage derivatives Gundlach owned were "slaughtered" when interest rates rose sharply, according to Howard Marks, who worked with the bond manager at TCW Group at the time. The TCW Total Return Bond Fund lost 6.2 percent and the young money manager got a schooling in risk control that has guided the rest of his career, said Marks. Comment?
6 min ago | via WWTC-AM Eagan
It takes something more audacious to sell beachfront property these days to the global ultra-wealthy who arrive in Miami with millions to spend on second or third homes. It takes words invested with meaning in the language of the international jet set: With a slew of residential and hotel developments, Miami is embracing the notion that homes, like cars, handbags and jewelry, should carry luxe designer labels. Comment?
22 min ago | via The Ashland Daily Tidings
Reader question: My employer has just asked me to accept a different position that includes a nice pay raise. The new opportunities this represents career-wise are great, but because it involves a cross-country move, I am expecting this news will be unsettling to my family. Comment?
22 min ago | via The Ashland Daily Tidings
My parents are going through a divorce, and money issues are a big part of the problem. My dad bought several rental properties and poured money into them. Comment?
23 min ago | via San Diego Source
This is a five-day session, you can take individual sessions. Bette Curtis, a REALTOR/Broker for more than 30 years, and an expert in real estate procedures and real estate law, will be leading the April sessions. Comment?
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