Lafayette Real Estate News
7 hrs ago | via Contra Costa Times
Acalanes High School District officials have saddled taxpayers with exorbitantly expensive debt and are now trying a deceitful end run around voters to borrow more money. The saga began in 2008, when the district sought voter approval to issue $93 million of school construction bonds. Comment?
Friday Apr 17 | via Business Wire
Building Your Financial Literacy is a web-based interactive course designed to empower young people with the essential skills needed to make sound financial decisions. Mechanics Bank is presently engaged with six high schools in West Contra Costa County at no cost to schools, students, or tax payers. Comment?
Friday Apr 17 | via Inside Bay Area
A for-sale sign is posted in front of a home for sale on February 23, 2015 in San Rafael, California. Home sales in the nine-county Bay Area jumped sharply in March while median prices leaped to their highest point in seven years, according to a report Friday from real estate information service CoreLogic DataQuick. Comment?
Wednesday Apr 15 | via Inside Bay Area
Property owners who have delayed making their houses and businesses more energy efficient because of the upfront cost should soon have a way to move forward when the city begins participating in PACE financing programs. PACE allows owners to purchase solar panels, double-paned windows, insulation and energy-efficient appliances and pay for the improvements over as long as 20 years. Comment?
Monday Apr 13 | via Patch.com
Keith Scott Brown of Results Realty Group , East Bay at the Danville Keller Williams office, is pleased to announce his membership with the Danville Chamber of Commerce. Brown is volunteering on the events committee to help organize and promote the annual "2015 Business Showcase & Culinary Event", which promises to showcase all the great shops and restaurants in Town. Comment?
12 hrs ago | via Quebec Chronicle-Telegraph
California's housing prices plummeted after the bubble burst in 2008 , but now are approaching levels not seen since the market's height-especially along the Southern California coast and around San Francisco Bay. This has reignited the perennial question: What should policy makers do to promote "affordable" housing? Earlier this month, the state Supreme Court heard arguments in a Northern California case that could have statewide impact, given that it ponders the constitutionality of one way officials promote the construction of lower-cost housing. Comment?
Thursday | via Business Journal
Seven years after the housing bubble popped, there are still homeowners who owe the bank more than their house is worth. But rising prices have put many long-term homeowners in the comfortable ranks of the "equity rich." Comment?
Wednesday Apr 22 | via Bloomberg
In the aftermath of the housing crisis, it seemed like millennials might give up on homeownership in favor of a lifetime spent renting squalid apartments in gentrifying urban centers. Fears of that grim scenario have mostly passed, and it's not uncommon to hear of young faces at open houses, or to read surveys in which renters say they're finally ready to fork over a down payment. Comment?
Tuesday Apr 7 | via Inside Bay Area
The California Supreme Court on Wednesday will consider how far cities can go in trying to provide more affordable housing across the state as housing prices and rents continue to soar. In a challenge to San Jose's five-year-old affordable housing ordinance, the state's high court will hold arguments in Los Angeles in a case that tests a policy tool now in place in cities stretching from Santa Monica to Napa. Comment?
Tuesday Mar 31 | 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?
37 min ago | via Wall Street Journal
Senator Charles Grassley on Friday sent a letter to the Department of Housing and Urban Development, challenging the method by which HUD Secretary Julian Castro installed a new head of the Federal Housing Administration. Traditionally, the FHA is led by a commissioner, who is nominated by the White House and confirmed by the Senate. Comment?
39 min ago | via Huntington News
Freddie Mac on Thursday, April 23, 2015 released the results of its Primary Mortgage Market SurveyA , showing average fixed mortgage rates moving down slightly this week and remaining near their 2015 lows as the spring homebuying season continues. "Mortgage rates fell slightly to 3.65 percent this week, positive news for potential homebuyers in the market this spring," said Len Kiefer, deputy chief economist, Freddie Mac. Comment?
1 hr ago | via The Chronicle Herald
Something on the radar of many Canadians, especially here in Nova Scotia, is the volatility of oil prices and how it will affect our economy. RE/MAX has just released its 2015 Spring Market Trends Report - a summary of the ups, downs and trends in the real estate market across Canada. Comment?
1 hr ago | via Patch.com
A judge today maintained a high bail for a former Hayward police sergeant who has been charged with nine felony counts of grand theft for allegedly stealing more than $500,000 from a woman who suffers from mental illness, saying the case is very serious. Alameda County Superior Court Judge Scott Patton said the $420,000 bail for 55-year-old Michael Scott Beal, which was set when Beal was arraigned on Tuesday, "reflects the serious of this case and the culpability of the defendant ." Comment?
1 hr ago | via Cape Breton Post
The future needs for seniors housing in Sydney will headline a public discussion set for Tuesday at the Southend Community Centre. The meeting is being hosted by the centre's board of directors, in co-operation with officials from Canada Mortgage and Housing Corp. John Alyward, partner and senior project manager with Venture Solutions Inc., said as members of the baby boom generation - those born between 1946 and 1964 - become empty nesters, they are seeking affordable housing options. Comment?
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