Menifee Real Estate News
Real Estate news for Menifee, CA continually updated from thousands of sources.
Wednesday Feb 25 | via The Press-Enterprise
The Standard & Poor's Case-Shiller home price index, a leading measure for the nation, says home prices increased 4.6 percent year-over-year in December. That's more than twice the rate of inflation for 2014. Comment?
Tuesday Feb 17 | via Patch.com
The median price of a home in Riverside County rose by 3.8 percent in January, compared with the same month a year ago, while the number of homes sold fell by 9.8 percent, a real estate information service announced today. According to CoreLogic DataQuick, the median price of a Riverside County home was $287,500 last month, up from $277,000 in January 2014. Comment?
Friday Feb 6 | via Patch.com
The East Valley Association of Realtors, a prestigious group of the most knowledgeable and seasoned realtors in the Inland Empire, has published a statement declaring the Gateway warehouse aka San Gorgonio crossing as inappropriate because it violates the county's general plan: "The East Valley Association of Realtors opposes the zoning change from residential to commercial/ warehouse being considered by the Riverside County Board of Supervisors on Cherry Valley Road in Cherry Valley known currently as San Gorgonio Crossing , formerly known as The Gateway Project or any future iteration, based upon its inconsistency with the General Plan approved by the Riverside Board of Supervisors in 2014." Comment?
Friday Jan 30 | via Lake Elsinore Valley News
Over 200 community members, real estate agents and local dignitaries attended the grand opening of the new Hemet office of the Southwest Riverside County Association of Realtors on Jan. 16. The remodeled former bank at 2355 E. Florida Ave. is 5,961 feet and contains an executive meeting room, grand hall, kitchen area, large patio area and a spacious lobby where members can purchase merchandise to support their real estate businesses. The grand hall is available for rent after hours to support local community events and organizations. Comment?
Jan 23, 2015 | 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?
3 hrs ago | via AndhraNews
While four of the California Bay Area's nine counties are near or exceeding their pre-meltdown valuation highs, our data suggests local market forces will keep bubble-like behavior at bay for the rest of the state and throughout the nation. Healthy buyer demand and strong job markets in the California Bay Area are factors helping to push home prices up. Comment?
5 hrs ago | via Natl. Relocation & Real Estate
Clear Capital recently released its Home Data Indexa Market Report with data through February 2015. Using a broad array of public and proprietary data sources, the HDI Market Report publishes the most granular home data and analysis earlier than nearly any other index provider in the industry. Comment?
16 hrs ago | via Dr. Housing Bubble Blog
California Rental Armageddon: Nearly half of Los Angeles adults doubling up, working class moving out, or you have the option of simply living in poverty. California like the rest of nation has gained a large number of rental households. Comment?
Friday Feb 27 | via 13WHAM
The truck driver who police said caused a train crash in California earlier this week has been released from jail. LOS ANGELES -- It looked hot when Lupita Nyong'o wore it Oscar night. Comment?
Thursday Feb 26 | via GuruFocus.com
U.S. luxury home builder, Toll Brothers Inc. , is said to have reported a 78% jump on higher home sales and prices. The largest U.S. luxury-home builder has earned quarterly profits more than the expected estimates. Comment?
12 min ago | via PropertyProf Blog
Andrea Boyack has posted American Dream in Flux: The Endangered Right to Lease a Home on SSRN. Here's the abstract: Homeownership in the US is on the decline and the percentage of the population that rents their residence is growing. Comment?
16 min ago | via Phillymag.com
The Philadelphia metro area was ranked 250th for economic growth from 2013 to 2014 in a survey by the Brookings Institution of the world's 300 biggest metropolitan economies. The report also says our region has not recovered from the recession, determined by the fact that our GDP per capita and employment were lower in 2014 than in 2007. Comment?
18 min ago | via Jewish World Review
For the last four years, investors have braced for higher rates, only to be confounded by a fickle bond market. While most observers expect the Federal Reserve to raise short-term rates, probably in the second half of 2015, that's no sure thing. Comment?
25 min ago | via 24dash
People planning to buy their first home have just months left to buy a house or risk missing out on the chance of getting on the property ladder for years to come, according to a savings and ISA provider. Scottish Friendly has warned that from April people entering retirement will be able to drawdown their pensions in one lump sum, and there are concerns that many of these pensioners will use the funds they have amassed to invest in the property market. Comment?
29 min ago | via Silicon Alley Insider
British house prices in February fell for the first time in five months. However, economists at lender Nationwide said it won't last for long. Comment?
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