Menifee Real Estate News
Real Estate news for Menifee, CA continually updated from thousands of sources.
Friday Jan 23 | via Lake Elsinore Valley News
The median price of a home in Riverside County rose by 7.1 percent in December, compared with the same month a year ago, while the number of homes sold jumped by 13 percent, a real estate information service announced on Jan. 14. According to CoreLogic DataQuick, the median price of a Riverside County home was $300,000 last month, up from $280,000 in December 2013. A total of 3,466 homes were sold in the county, up from 3,068 during the same month the previous year. Comment?
Friday Jan 16 | via Patch.com
Foreclosure activity in Riverside County dropped 16 percent last year, but despite fewer houses going on the auction block, the county remained one of the leading foreclosure markets in the state, according to figures released Thursday by a real estate tracking firm. In 2014, a total 10,850 mortgage default notices, auction sale notices and bank repossessions were recorded countywide. Comment?
Friday Jan 16 | via The Press-Enterprise
Blomquist expects to see more homeowner confidence in the market in 2015 as a result, and it's likely that builders will be pouring more slabs for new home construction. "I think we're at a point where nobody is concerned that there is enough foreclosures lurking out there that it will derail the housing recovery," Blomquist said, adding this spoiler alert: One last gasp of foreclosure activity is at the doorstep, and likely to hit in the middle of the year. Comment?
Thursday Jan 15 | via CBS Local
RIVERSIDE - Foreclosure activity dropped markedly last year in Riverside County, but the region remains one of the leading foreclosure markets in the state, according to figures released Thursday by a real estate tracking firm. In 2014, a total 10,850 mortgage default notices, auction sale notices and bank repossessions were recorded countywide, a 16.29 percent drop from 2013 - and 84 percent lower than in 2009, the year market analysts agree was the worst of the Great Recession in many locations. Comment?
Wednesday Jan 14 | via The Orange County Register
The median home price - the price at the midpoint of all sales - was $591,000 for housing deals that closed in December. The Orange County housing market ended 2014 on a so-so note, with home prices up a little, sales trending downward and another lackluster year forecast for 2015. Comment?
Yesterday | via OpEdNews
Homeowner's Associations, created by deed provisions to serve homeowners in condominium developments, are often at odds with individual owners of units. Just last week, news out of New York reported that an HOA was suing a homeowner for parking his own pickup truck in his own driveway. Comment?
Yesterday | via WTHR-TV Indianapolis
Several dozen people with candles and protest signs gathered near the alley where Denver police officers fatally shot a 16-year-old girl, recalling her bright smile and demanding answers about the deadly encounter. Some residents are calling for a special prosecutor to investigate the Denver officers who shot and killed a 16-year-old girl who police say hit an officer with a stolen car. Comment?
Yesterday | via CNN
That's according to a new report from RealtyTrac, which estimates that 7.3 million so-called "boomerang buyers" will return to the U.S. housing market over the next eight years. Foreclosures and short sales skyrocketed after 2007 during the darkest years of the financial crisis and Great Recession. Comment?
Sunday Jan 25 | via Seeking Alpha
Royal Bank of Canada just announced another big move into the US. In a deal expected to close in the fourth quarter of 2015, Royal is acquiring City National Bank, a California-based full-service bank catering to high net worth clients across a wide variety of industries. Comment?
Thursday Jan 22 | via National Mortgage News
Rising home prices have helped the nation's homeowners by increasing equity and lifting more of them out of 'underwater' mortgage situations - where the combined loan amount owed is higher than the home's estimated market worth. According to a new report released today by RealtyTrac Inc., a California-based real estate data firm, the number of properties in the United States that were 'seriously underwater,' that is, where the loan amount owed is at least 25 percent higher than the home's market value, dropped to 13 percent at the end of 2014. Comment?
3 min ago | via The Daily News
Foreclosures and foreclosure notices were both down in 2014, but their percentage declines were smaller in the fourth quarter than for the full year. Foreclosures fell 13 percent in Shelby County in the fourth quarter of 2014 compared with the same period in 2013, according to real estate information company Chandler Reports, www.chandlerreports.com . Comment?
4 min ago | via The Daily News
Foreclosures took an ever sharper dive in 2014 than they did in 2013. Compared to a 15 percent slide from 2012 to 2013, over the past year residential foreclosures in the county slipped 22 percent, from 3,555 in 2013 to 2,787 in 2014, according to real estate information company Chandler Reports, www.chandlerreports.com . Comment?
4 min ago | via The Daily News
In 2014 Crye-Leike Realtors totaled 183,000 scheduled appointments for house showings, a logistical feat considering all the moving parts involved. Crye-Leike employees Kendra Nicholson , Pat Goode and Ariel Mark work the phones connecting prospective buyers to Realtors and arranging viewings of properties. Comment?
9 min ago | via QandO
The MBA reports that mortgage applications fell -3.2% last week, with purchases down -0.1% and refis down -5.0%. Comment?
10 min ago | via Stars and Stripes
As the Army considers downsizing on Oahu, a theory making the rounds is that if Schofield Barracks and Wheeler Army Airfield close, the state would inherit lots of family housing and barracks for the public that could offset a housing crunch. "There would be plenty of housing for years to come," wrote retired educator Kioni Dudley in a recent editorial. Comment?
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