Hughson Real Estate News
Jan 27, 2015 | via RecordNET
Boomerang buyers, homeowners who fell into foreclosure or sold homes short during the housing crisis, may well emerge as a new force in the U.S. housing market over the next eight years as their credit report black marks fade into the past, RealtyTrac surmised Tuesday. The Irvine-based residential information firm estimated 7.2 million boomerang buyers may re-enter the home market this year through 2022, including 50,000 in San Joaquin County. Comment?
Nov 13, 2014 | via RecordNET
San Joaquin County foreclosure activity remained slow in October, nearly unchanged from September and down sharply from a year ago, real estate data firm RealtyTrac reported Thursday. It tallied 225 foreclosure-related legal filings - notices of default, trustee sales and bank repossessions - in October, just one more than the month before and more than 40 percent less than the 376 filings seen in October 2013. Comment?
Oct 28, 2014 | via RecordNET
San Joaquin County home prices are up from a year ago even though the share of distressed housing sales is among the highest in the country, RealtyTrac Inc. reported Tuesday. It's the result of solid demand and a short supply of available housing in San Joaquin County, known demographically as the Stockton metropolitan area, said Daren Blomquist, RealtyTrac vice president. Comment?
13 hrs ago | 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?
Saturday | via Hesperia Star
A recent report from the California Rental Price Monitor revealed that the state's rental growth has outpaced the rest of the U.S. every month for the last year. But for the High Desert rental market, where rates have been traditionally low, the Victor Valley continues to be one of the least expensive places to live in the Golden State. Comment?
Friday | via The Campbell Reporter
A student volunteer fills in a check during a Mad City Money program put on by Travis Credit Union at Paradise Skate Roller Rink in Antioch on July 29, 2014. Credit unions in the Bay Area outperformed their counterparts statewide during 2014, a trend that underscores the strength of this region's economy, according to information released Friday by the California Credit Union League. Comment?
Friday | via Laguna Woods Globe
Jurrors and court workers, a cross section of Orange County, California, leave the Santa Ana courthouse on Tuesday, March 8, 2011. Surging Latino and Asian populations accounted for virtually all of California's population growth over the last decade, new census data showed on Tuesday. Comment?
Friday Mar 27 | via Dr. Housing Bubble Blog
The Los Angeles and Orange County area becomes even more unaffordable when it comes to housing: In last two years home prices up 28 percent while wages are up 2 percent. L.A. is the most unaffordable housing market in the entire country. Comment?
42 min ago | via Lexington Herald-Leader
Without admitting wrongdoing, Mark Diamond agreed to change his ways. But authorities say Diamond merely changed up his scheme, continuing what amounted to a nearly three-decade career of scamming hundreds of people - primarily poor, older and African-American - with home repair and mortgage-related frauds. Comment?
43 min ago | via Live Charts
UK stocks are expected to rebound slightly on Monday morning, snapping a four-day losing streak ahead of a busy day for economic data. City sources predict the FTSE 100 will open 26 points higher than Friday's close of 6,855.02. Comment?
53 min ago | via The Daily Republic
Coldwell Banker announce that its parent company, Realogy Holdings Corp., has been recognized as a 2015 World's Most Ethical Company by the Ethisphere Institute, described in a press release as the global leader in defining and advancing the standards of ethical business practices. The World's Most Ethical Companies designation recognizes those organizations that have had a material impact on the way business is conducted by fostering a culture of ethics and transparency at every level of the company, according to the press release. Comment?
1 hr ago | via South China Morning Post
A vendor selling fruit and home-made food in Kiev. The economy in Ukraine is in deep crisis, and things are getting worse. Comment?
2 hrs ago | via The Daily Advance
Bank of America and a group of investors demanding the bank buy back soured mortgages it sold to them have agreed to extend talks aimed at resolving their dispute. The bank and a law firm representing the investors said Wednesday they would go beyond a 60-day discussion period triggered by a letter sent to the bank in mid-October. Comment?
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