Moraga Real Estate News
Wednesday Mar 18 | via Contra Costa Times
The Bay Area's housing market looks like it's headed for a competitive free-for-all this year as a low supply of homes for sale has droves of buyers bidding up prices everywhere. Sales of single-family homes in the East Bay, Peninsula and South Bay were the lowest for a February in seven years, according to a report Wednesday from real estate information service CoreLogic DataQuick. Comment?
Tuesday Mar 17 | via Pleasanton Weekly
As the number of homes on the market continues to drop and purchase prices continue to increase, home sales are still strong throughout the East Bay. "Buyer confidence in home ownership is up compared to this time last year," said Mike Fracisco, president of the Bay East Association of Realtors. Comment?
Monday Mar 16 | via Examiner.com
Spring is house hunting season for families with children because they move during their schools' summer break. They contract a real estate agent to find three or four homes to consider. Comment?
Feb 18, 2015 | via Monterey County Herald
With new numbers released Wednesday showing that the number of existing homes sold in January in the East Bay, South Bay and Peninsula saw double-digit drops to levels not reached in years, thanks to the dearth of houses on the market, Firoozi can finally breathe easy and enjoy the Saratoga home she was finally able to snag. "Over the past two years, the prices kept going up significantly and we felt like we were falling further and further behind,'' said Firoozi. Comment?
Jan 29, 2015 | via Marin Independent Journal
Real estate broker Beau Eckstein, who appeared last year on HGTV's "Flip It to Win It" bought this house in Concord to fix and flip, while donating 10 percent of the profits to a Contra Costa County cancer foundation. Flips accounted for 2.5 percent of the East Bay's home sales from 2013-2014, sliding from 3 percent a year before. Comment?
Sunday | via Planetizen
Los Angeles home prices have long since skyrocketed above median income. A report by the Legislative Analyst's Office shows how difficult it would be to build L.A. out of its predicament. Comment?
Saturday Mar 28 | via Hesperia Star
A recent report from the California Rental Price Monitor revealed that the state's rental growth has outpaced the rest of the U.S. every month for the last year. But for the High Desert rental market, where rates have been traditionally low, the Victor Valley continues to be one of the least expensive places to live in the Golden State. Comment?
Friday Mar 27 | via The Campbell Reporter
A student volunteer fills in a check during a Mad City Money program put on by Travis Credit Union at Paradise Skate Roller Rink in Antioch on July 29, 2014. Credit unions in the Bay Area outperformed their counterparts statewide during 2014, a trend that underscores the strength of this region's economy, according to information released Friday by the California Credit Union League. Comment?
Friday Mar 27 | via Laguna Woods Globe
Jurrors and court workers, a cross section of Orange County, California, leave the Santa Ana courthouse on Tuesday, March 8, 2011. Surging Latino and Asian populations accounted for virtually all of California's population growth over the last decade, new census data showed on Tuesday. Comment?
Friday Mar 27 | via Dr. Housing Bubble Blog
The Los Angeles and Orange County area becomes even more unaffordable when it comes to housing: In last two years home prices up 28 percent while wages are up 2 percent. L.A. is the most unaffordable housing market in the entire country. Comment?
11 min ago | via Reuters
China stocks hit fresh seven-year highs on Tuesday morning, helped by rises in property and banking stocks after Beijing eased lending policies to bolster the struggling real estate market. The CSI300 index surged 1.9 percent early but ended the morning up 0.5 percent. Comment?
21 min ago | via The Washington Post
Chinese stocks trading in Hong Kong rallied to the highest level since August 2011 after the government announced measures to boost the property market. Anhui Conch Cement Co., the nation's biggest producer of the building material, jumped 2.1 percent, while China National Building Material Co. Comment?
34 min ago | via NAFCU
NAFCU Regulatory Affairs Counsel Celina Stewart on Monday urged CFPB to exempt all credit unions from its rulemakings by including them in its 'small creditor' definition. "We firmly believe that all credit unions are small by nature of their structure and organization as not-for-profit, member-owned institutions," Stewart wrote in a comment letter on CFPB's proposed amendments to its definitions of "small" creditor and rural and underserved areas in its mortgage rules under Truth in Lending Act. Comment?
35 min ago | via The Straits Times
Mohammed Lutfi Hussin, 48, faces nine charges of conspiring with Mohammad Sauki Mawadi, a former real estate agent, to cheat OCBC Bank of delivering a total of $6.2 million as mortgage loans in 2005 and 2006. Court documents say that Sauki dishonestly submitted documents as part of a mortgage loan application to OCBC for nine properties by inflating their purchase prices and induced the bank to approve and deliver higher mortgage loans. Comment?
39 min ago | via Mydigitalfc.com
Besides, the 50-share NSE Nifty also reclaimed the 8,500-level by surging 35.60 points, or 0.41 per cent, at 8,527.90. The 30-share Sensex rose by 106.25 points, or 0.37 per cent, to trade at 28,082.11. Comment?
Copyright © 2015 Topix LLC