Menifee Real Estate News
Friday Mar 27 | via BroadcastNewsroom
Kevin Leonard and his team of real estate and mortgage professionals continue to change the way homes are bought and sold, and just added a new real estate broker and the firm's agents. California discount real estate brokerage firms are lining up to join the real estate team working with Kevin Leonard. Comment?
Friday Mar 20 | via The Press-Enterprise
Neighbors to a "Bank Owned" real estate listing in San Bernardino on Friday, March 20, 2015, said they were glad to see a property that's been an eyesore in their neighborhood come on the market, taking it as a sign the value of their homes will start to rise and foreclosure activity is coming to an end. Foreclosure activity in the Riverside County region in February fell to levels not seen since July 2006, according to a new report from RealtyTrac. Comment?
Tuesday Mar 17 | via The Press-Enterprise
Price trumped all in the real estate market across Southern California in February, a recurring dynamic that had a hand in keeping a clamp on sales, according to a new real estate report. The CoreLogic DataQuick report Tuesday says the median price of 2,349 homes sold in Riverside County was $305,000, up 7 percent from $285,000 recorded in February 2014. Comment?
Tuesday Mar 17 | via Los Angeles Times
Home prices in the six-county Southland in February stayed about the same as they have been for nine months, while sales volume drooped compared to this time last year. That's according to new figures out Tuesday from CoreLogic DataQuick. Comment?
Tuesday Mar 10 | via LA Daily News
With interest rates hovering near historic lows, scores of California homeowners have refinanced their mortgage loans to get lower monthly payments. And Los Angeles County had the largest number of mortgage loans refinanced in 2013, according to a new report from SmartAsset , a New York-based personal finance technology firm. Comment?
4 hrs ago | 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?
10 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?
13 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?
16 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?
16 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?
21 min ago | via The Item
Home prices in the region ticked up 2.1 percent in the New York metropolitan area, including North Jersey, in the 12 months ended in January, the S&P/Case-Shiller home price index reported Tuesday. That was less than half the national increase of 4.5 percent. Comment?
21 min ago | via Reuters
The rate of decline in Chinese home prices slowed in March from February, two private surveys showed on Wednesday, adding to hopes the housing market is stabilizing as Beijing enacts policies to bolster a faltering economy. Prices of new homes in 288 cities fell 0.01 percent in March, the 12th consecutive drop on a monthly basis, a poll by property services provider Real Estate Information Corporation showed. Comment?
25 min ago | via Bloomberg
It was 1994, and some of the mortgage derivatives Gundlach owned were "slaughtered" when interest rates rose sharply, according to Howard Marks, who worked with the bond manager at TCW Group at the time. The TCW Total Return Bond Fund lost 6.2 percent and the young money manager got a schooling in risk control that has guided the rest of his career, said Marks. Comment?
33 min ago | via Seeking Alpha
Ten Real Estate Investment Trust stocks by yield produced 29.03% more net gain from $5k invested in the lowest-priced five than from $5K invested in ten. Annual dividends divided by closing stock prices as on March 27 determined yields. Comment?
42 min ago | via Credit.com
Spring is here already. Are you lining up your finances for a home purchase this year? And are you not sure whether to put more money toward paying off other debts or your upcoming down payment ? Here's how to figure out the best strategy to improve your figures. Comment?
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