Menlo Park Real Estate News
Real Estate news for Menlo Park, CA continually updated from thousands of sources.
Yesterday | via Almanac
Home prices along the Peninsula continue to rise with no indication of coming down any time soon, according to real estate experts. Since 2012, the median price for a single-family home in every Midpeninsula city -- Palo Alto, Los Altos, Los Altos Hills, Mountain View, Menlo Park, East Palo Alto, Atherton, Portola Valley and Woodside -- has jumped double-digit percentages. Comment?
Tuesday | via Mountain View Voice
It's unlikely that you'll wake up 12 years from now and discover that there are no homes for sale in Mountain View -- that's assuming the current three-year trend in new listings numbers doesn't continue. From January to August 2011, 194 new home listings entered the Mountain View real estate market. Comment?
Tuesday | via Palo Alto Weekly
A San Jose mortgage broker who defrauded East Palo Alto and South Bay residents out of hundreds of thousands of dollars and caused them to lose their homes will serve time in federal prison, according to the U.S. Attorney General's office. Linda Dung Tran , 36, was sentenced to three 16-month terms for conspiracy to make false statements to banks, making false statements to a bank and conspiracy to commit money laundering as part of a plea deal with prosecutors. Comment?
Wednesday Oct 15 | via The Campbell Reporter
In 2014, 36 percent of international buyers who purchased real estate in the U.S. came from China; many of them purchased property in Silicon Valley. Chinese Realtors, however, say it's not true that all Chinese buyers seek out Chinese agents. Comment?
Wednesday Oct 15 | via Dealbreaker
BofA Posts Profit on Trading After Mortgage Settlement Net income was $168 million, down from $2.5 billion a year earlier, the Charlotte, North Carolina-based bank said today in a statement. Adjusted earnings per share, which exclude an accounting gain, were 40 cents, beating the 32-cent average estimate of 14 analysts surveyed by Bloomberg. Comment?
21 hrs ago | via Holtville Tribune
A federal grand jury in San Francisco returned an eight-count indictment against five real estate investors for their role in bid rigging and fraud schemes at foreclosure auctions in Northern California, the Department of Justice announced. The indictment, filed today in U.S. District Court for the Northern District of California in San Francisco, California, charges Northern California real estate investors Joseph Giraudo, Raymond Grinsell, Kevin Cullinane, James Appenrodt and Abraham Farag with participating in conspiracies to rig bids and schemes to defraud mortgage holders and others. Comment?
Monday Oct 20 | via The Business Journal
Redwood Credit Union recently welcomed Christina Cook as senior vice president of accounting and finance. In this role, Ms. Comment?
Friday Oct 17 | via ContactMusic.com
The 28-year-old singer - who grew up in New York City - has reportedly purchased her first home in California. A real estate source told gossip website TMZ.com that the 'Bad Romance' hitmaker bought a huge compound in Malibu from the founder of Warner Bros Worldwide Consumer Products Division, Dan Romanelli . Comment?
Thursday Oct 16 | via The Press-Enterprise
Now, the monthly real estate report that tracks foreclosure activity across the nation didn't give the state or the Riverside and San Bernardino counties region a mention. RealtyTrac Vice President Daren Blomquist said the September foreclosure activity is strongest now in states that handle foreclosure action through the court system. Comment?
Thursday Oct 16 | via CBS Local
CBS2 / KCAL9 CBS2/KCAL9 is part of CBS Television Stations, a division of CBS Corp. and one of the largest network-owned station groups in the country. CBS Studio City Broadcast Center 4200 Radford Avenue Studio City, CA [...] KNX 1070 NEWSRADIO KNX 1070 NEWSRADIO is Southern California's only all-news radio station serving Los Angeles County / Orange County / Ventura County / Riverside County / San Bernardino County / San Diego County. Comment?
14 min ago | via News Times
Aides to Gov. Dannel P. Malloy tried to fill on the blanks Wednesday about the nature of repairs made to his former Stamford home, qualifying them as basic upkeep and only a small part of the deductions that helped the Democratic incumbent earn nearly $200,000 in rental income tax free. A search of city records found no building permits for the time when Malloy leased his home at 277 Ocean Drive East, which Malloy and his family left behind for the Governor's Residence at the beginning of 2011. Comment?
15 min ago | via Information Technology
Fitch Ratings has affirmed the 'BBB+' rating on the following Illinois Health Facilities Authority and Illinois Finance Authority bonds issued on behalf of Provena Health and Resurrection Health Care as parity obligations under the Presence Health Network indenture: Presence has an additional $556 million in direct placement debt and term loans which Fitch does not rate, but includes in its analysis. The bonds are supported by a pledge of gross revenues of the Presence Health obligated group, mortgages on nine Presence obligated entities, and debt service reserve funds on select bond series. Comment?
15 min ago | via News Times
The UBS building is officially on the market, further signaling that the Swiss banking giant is preparing to pack its bags and leave Stamford in the near future. Speculation over whether UBS would stay put on their 12-acre campus downtown has swirled for the last several years as staff levels have decreased and the state has offered up millions to keep the bank in town. Comment?
20 min ago | via Carlsbad Current-Argus
A federal judge won't recommend that prison officials allow "Real Housewives of New Jersey" star Teresa Giudice to serve most of her prison sentence in a halfway house. A lawyer for Giudice had filed a letter with a judge in Newark this week, asking for a recommendation that she serve 12 months in a halfway house. Comment?
27 min ago | via Business Journal
In a city like Boston, the health of law firms says something about the health of the commercial real estate market. Comment?
Copyright © 2014 Topix LLC