Glendale Real Estate News
Thursday Mar 26 | via Los Angeles Times
Home prices have grown far faster than wages in Southern California over the last two years, a new report says. Home prices have grown far faster than wages in Southern California over the last two years, a new report says. Comment?
Wednesday Mar 25 | via The Heartland Institute
Important attention has been drawn to the shameful condition of middle income housing affordability in California. The state that had earlier earned its own "California Dream" label now limits the dream of homeownership principally to people either fortunate enough to have purchased their homes years ago and to the more affluent. Comment?
Wednesday Mar 25 | via Los Angeles Times
A Metro Gold Line train travels east from the city center as dusk descends on Los Angeles in October. The agency is considering a proposal to set aside some of its property for affordable housing development. Comment?
Friday Mar 20 | via Glendale News-Press
The median prices for single-family homes and condominiums in Glendale both jumped in February compared to the same time last year, while home sales increased slightly and the number of condos sold dropped, according to the latest real estate report. The median price for a home rose to $741,000 last month, up from $726,000 in February 2014, according to statistics compiled by Realtor Keith Sorem with Keller Williams Realty in Glendale. Comment?
Tuesday Mar 17 | via Los Angeles Times
Southland housing market observers and real estate agents say they're seeing more sellers as prices remain relatively high, interest rates stay low and fewer borrowers owe more on their houses than they're worth. Above, a Hermosa Beach property with a "coming soon" real estate sign in front of... Southland housing market observers and real estate agents say they're seeing more sellers as prices remain relatively high, interest rates stay low and fewer borrowers owe more on their houses than they're worth. Comment?
6 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?
9 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?
12 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?
12 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?
Sunday Mar 29 | via Planetizen
Los Angeles home prices have long since skyrocketed above median income. A report by the Legislative Analyst's Office shows how difficult it would be to build L.A. out of its predicament. Comment?
10 min ago | via Patch.com
Activists demonstrated outside the Wayne County Treasurer's Office Tuesday to protest foreclosures on 38,000 homes - 16,000 of which are occupied. Wayne County residents on the brink of losing their homes to foreclosure have a bit more time to pay their delinquent taxes. Comment?
2 hrs ago | via This Is Money
Fixed mortgage rates have plummeted in recent months. But hints that interest rates may stay low for longer than expected - or even fall A further - mean borrowers could save hundreds of pounds by gambling on a variable deal. Comment?
34 min ago | via Denver Post
The state's largest real estate trade organization, the Colorado Association of Realtors, announced Tuesday evening that it has named Tyrone Adams as its new chief executive. Adams has worked in a variety of positions since joining the group in 1993, most recently as the group's director of member services. Comment?
38 min ago | via GlobeNewswire
HSH.com releases its latest Weekly Mortgage Rates Radar showing a slight decline in mortgage rates during the seven-day period ending March 31, as markets await some important economic data due later this week. The Weekly Mortgage Rates Radar reports the average rates and points offered by lenders for the two most popular types of mortgages, the conforming 30-year fixed-rate mortgage and the conforming 5/1 adjustable-rate mortgage . Comment?
40 min ago | via The Straits Times
Prices of private homes in Singapore continued their downward slide in the first quarter of this year, according to flash estimates released by the Urban Redevelopment Authority on Wednesday. The estimated 1.1 per cent decline in the three months to March 31 follows a similar 1.1 per cent slide in the fourth quarter of last year, and an overall 4 per cent slide last year. Comment?
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