Covina Real Estate News
Real Estate news for Covina, CA continually updated from thousands of sources.
Wednesday | via American Reporter
Readers who see three YouTube videos on our front page this past week must be curious. Has The Americzan Reporter become tabloid? Is the editor out of his mind? There is a simple explanation, and it is a news-related one. Comment?
Tuesday May 26 | via Glendale News-Press
The city will partially fund a six-unit affordable-housing project to be built by Habitat for Humanity, making it the ninth such development in Glendale. The Housing Authority voted unanimously last week to contribute $1.4 million to construct the home-ownership project, roughly half of the $2.8-million total cost for the condominiums. Comment?
Sunday May 17 | via New Hampshire Public Radio -
Eighty-year-old Arlene Rosenblatt rents out her quaint converted duplex in Santa Monica, Calif., whenever she and her husband leave town to visit their seven grandchildren. She charges anywhere from $115 to $220 a night for her home, listing it on Airbnb and other sites. Comment?
Friday May 15 | via Business Journal
California's spring home-buying season kicked off in April with growth in both home sales and prices for the third straight month, according to the California Association of Realtors. Closed escrow sales of existing, single-family detached homes in California rose 9.2 percent to a seasonally adjusted annualized rate of 427,620 units in April, from the revised 391,440 homes sold in March, Los Angeles-based C.A.R. said. Comment?
Wednesday May 13 | via Business Journal
Housing affordability improved over the first three months of the year as lower interest rates and stabilizing home prices over the past year made it easier for more Californians to buy a home, according to latest data from the California Association of Realtors. The percentage of home buyers who could afford to buy a median-priced, existing single-family home in California rose to 34 percent in the first quarter from 31 percent in the fourth quarter and 33 percent in the year-ago period, according to C.A.R.'s Traditional Housing Affordability Index. Comment?
17 hrs ago | via NewsTarget.com
With California lawns drying up and turning brown due to government-sanctioned water restrictions, a new company has found a way to keep your curb appeal that makes a little "green" for both parties involved. LawnLift, a lawn painting company that spruces up the look of your grass by giving it an environmentally friendly green coat of paint, is now in demand by homeowners, hoteliers, wedding planners and others who want to improve their curb appeal. Comment?
23 hrs ago | via LA Daily News
Welcome to Flip-Boom-Bust, the game show that tests your knowledge of reckless government housing policy! Here's your question: Ding! Ding! You're right! Both A and B are correct answers to: “How can the government possibly justify its destructive meddling in the housing market?” On Dec. 16, 2003, President George W. Bush signed the American Dream Downpayment Act , announcing, “We want more people owning their own home.” Standing in front of a wall-size drawing of a house with “A Home of Your Own” written in large, friendly letters across the roof, the president declared that home ownership was “in our national interest.” The down payment aid was one of many bipartisan efforts to fuel easy credit for home buying. Comment?
Yesterday | via Mortgage News Daily
According to the U.S. Census Bureau, there are now ten cities that have a population of greater than 1 million with California and Texas each home to three of these cities. San Jose, CA has now been added to the top 10 most populous cities, which also includes Los Angeles and San Diego. Comment?
Yesterday | via Counterpunch
Jay Shafer got the attention of the US in 2007 with an appearance on the Oprah Winfrey show to promote his "tiny house" idea. He was living alone deep in the country in a 9-square metre wooden house on wheels, full of ingenious ideas. Comment?
Thursday | via MarketWatch
The fact that "Generation Rent" - 25- to 34-year-olds in the U.S. - isn't getting off the fence when it comes to buying homes has been well documented. Even with near record-low interest rates, just 38% of this cohort - also known as millennials - owned homes in 2012, according to CoreLogic, compared with nearly 52% of the same age group in 1980, when mortgage rates were in the double digits. Comment?
29 min ago | via Nashua Telegraph
Renters are on the rise in America's biggest cities, but many tenants are scrambling to keep up with growing rent bills and shrinking vacancies, according to a study released Thursday. From Boston to Miami, New York to Los Angeles, more than half of tenants are paying what experts consider unaffordable rents, says a report by New York University's Furman Center, which studies real estate and urban policy, and bank Capital One, which is a leading affordable-housing lender and financed the research. Comment?
32 min ago | via Nashua Telegraph
New credit card offers can be tempting, especially when they tout a lower interest rate or more attractive rewards than what's in your wallet. But before you sign up for yet another card, consider whether you'd be better off financially closing out any of the cards you already have. Comment?
15 min ago | via ABC News
The height of the coal boom has passed and Background Briefing returns to the Queensland mining town of Moranbah to find local job losses, collapsed house prices and business failures. Is the prevalence of fly-in, fly-out employment arrangements to blame? Nance Haxton reports . Comment?
43 min ago | via Matrix
It's time to share my Three Cents Worth on Curbed NY , at the intersection of neighborhood and real estate in the capital of the world and I'm here to take measurements. The Washington Post published an article last year titled "8 in 10 Manhattan home sales are all-cash," a statement that was hyperbole; the actual figure was 45 percent. Comment?
1 hr ago | via Daily Mail
Long-established mortgage borrowers are being offered the chance to end their loans paying a fraction of the interest rate they signed up to at the start. Experts say borrowers with between five and ten years to go on a standard 25-year mortgage term could easily have been paying around eight per cent interest when they bought their homes. Comment?
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