Mountain View Real Estate News
Friday Mar 27 | via GlobeSt.com
In an update to a previous story on the four retail centers purchased by Donahue Schriber Realty Group , GlobeSt.com chatted with the firm's chief investment officer, Dave Mossman , about Prudential Mortgage Capital Company's $118.5 million in funding to solidify the acquisitions. The financing, provided in four separate 10-year, cross-collateralized, fixed-rate loans, is secured by four grocery-anchored shopping centers in California and Washington: Gilman District in Berkeley, CA; Village Oaks in San Jose, CA; Lakeland Town Center in Auburn, WA; and Westgate North in Tacoma, WA. Comment?
Saturday | via Santa Cruz Sentinel
Editor's Note: This is the first in an occasional series about the challenge of renting in Santa Cruz County. SANTA CRUZ >> Holly Giegerich is living in limbo, looking for a new place to rent after getting a notice from her landlord that she must move out, finding only one possibility, wondering if she will be homeless on April 2. “I just want a place to live,” said Giegerich, 54, a petite brunette, breaking into tears as she discussed her situation in her neat one-bedroom rental near La Barranca Park, a couple of blocks from the ocean. Comment?
Wednesday Mar 25 | via The Campbell Reporter
A group of Canadian home builders from Alberta was amazed at how quickly and how high home prices have escalated in Santa Clara County. The group, here on a two-day housing tour of homes in Santa Clara County, also learned about the Silicon Valley housing market and challenges to urban development from local speakers. Comment?
Wednesday Mar 25 | via Milpitas Post
News that the Milpitas City Council, without objection, voted to give some unused space to the Milpitas Food Pantry is an indicator of a situation in our high-flying Silicon Valley economy that rarely gets illuminated. Our valley continues to boom along, creating thousands of jobs, a strong, upward thrust of real estate values and rapidly rising prices -- especially apartment rentals. Comment?
Friday Mar 27 | via Patch.com
Sereno Group recently announced the recipients of its Joanne Knapp Community Service and Sereno Group Spirit Awards. Mary Kay Groth, an associate in Sereno Group's Los Gatos office, received the company's Joanne Knapp Community Service Award for 2014. 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?
3 min ago | via Fox News
U.S. single-family home prices rose in January from a year earlier, led by strong increases in the South and West, a closely watched survey said on Tuesday. The S&P/Case Shiller composite index of 20 metropolitan areas gained 4.6 percent in January on a year-over-year basis, slightly outpacing December's downwardly revised gain of 4.4 percent. Comment?
4 min ago | via Wills, Trusts & Estates Prof Blog
After HUD was directed by court order in 2013 to address the problem of surviving spouses' facing eviction when their late spouse was the only one listed on their reverse mortgage loan, HUD issued Mortgagee Letter 2015-03 . The letter sets out a policy where lenders can choose to assign the loan to HUD instead of moving forward with eviction. Comment?
7 min ago | via Brandon Sun
U.S. home price increases continued to rise at a steady pace in January, as the housing market deals with affordability problems and few properties listed for sale. The Standard & Poor's/Case-Shiller 20-city home price index rose 4.6 per cent in January compared with 12 months earlier, S&P said Tuesday. Comment?
7 min ago | via The New Zealand Herald
" U.S. home price increases continued to rise at a steady pace in January, as the housing market deals with affordability problems and few properties listed for sale. The Standard & Poor's/Case-Shiller 20-city home price index rose 4.6 percent in January compared with 12 months earlier, S&P said Tuesday. Comment?
1 hr ago | via MarketWatch
Here's a city-by-city look at home prices, after the S&P/Case-Shiller 20-city composite showed no change in January and a yearly gain of 4.6%. The cities picked are designed to represent the nine U.S. Census divisions and ignore some major markets, including Houston and Philadelphia. Comment?
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