Palm Desert Real Estate News
Friday May 15 | via Wall Street Journal
The Regalia, a luxury condo on Miami Beach. For a Russian investor using rubles, the price of Miami real estate was twice as high in February as it was a year earlier. Comment?
Apr 17, 2015 | via WebWire
With the Buying Season normally starting in March of each year, March 2015 numbers are up almost 6% over last year's numbers. Corelogic Dataquick just reported March 2015 numbers and they are looking pretty good for anyone looking to put their home on the market soon. Comment?
Apr 16, 2015 | via The Press-Enterprise
Reps. Pete Aguilar, D-Redlands, and Raul Ruiz, D-Palm Desert, joined Rep. Mike Quigley, D-Ill., in sponsoring the "Ending Taxpayer Subsidies for Yachts Act," which eliminates a tax provision allowing yacht owners to write off their mortgage interest payments if they claim their yachts as second homes. "This is a commonsense bill that closes a tax loophole so that middle-class families no longer subsidize yachts for the ultra-wealthy," Aguilar said in a news release." Comment?
Apr 10, 2015 | via Patch.com
When the music starts Friday for the first weekend of the Coachella Valley Music and Arts Festival, it'll mark the official start of an annual event that has become one of the region's most important financial boons. The sold-out festival will be held at the Empire Polo Club Friday through Sunday and again April 17-19, with the same lineup performing both weekends. Comment?
Apr 1, 2015 | via WebWire
In 2015 Riverside County has seen a steady decline in foreclosure activity for area homes. The numbers have not been at this low level since 2006 which was just prior to the ramp up to prices when homes were increasing in value month over month. Comment?
Friday May 22 | via Daily Herald
There's plenty you can do to affect how much money you make on a home sale or spend on a purchase, according to Consumer Reports' recent survey of real estate pros. In a typical transaction, the money you stand to gain from making smart moves -- or lose from making poor ones--can be substantial, from 11 percent to 20 percent of a home's value, according to the survey. Comment?
Friday May 22 | via Banker & Tradesman
A new report from real estate data collector RealtyTrac shows U.S. foreclosure filings were up 3 percent in April compared with March and up 9 percent from the same time last year, reaching their highest levels in over a year. The U.S. foreclosure rate in April was one in every 1,049 housing units with a foreclosure filing, according to RealtyTrac. Comment?
Thursday May 21 | via Monterey County Herald
The University Village Apartments, an affordable housing development off Second Avenue in Marina, are under contruction in March 2014. Monterey >> Rising home prices so far this year have kept Monterey County home affordability at near-record lows, contributing to an increase in rents. Comment?
Wednesday May 20 | via Palo Alto Weekly
Home sales are provided by California REsource, a real estate information company that obtains the information from the County Recorder's Office. Information is recorded from deeds after the close of escrow and published within four to eight weeks. Comment?
Wednesday May 20 | via JD Supra
Policyholders seeking insurance funds to settle a case often face an insurer's demand that some amount should be allocated to uncovered claims or parties. The issue arises often under directors and officers liability policies, when settlements resolve the liability of covered directors and the uncovered company. Comment?
9 min ago | via Brandon Sun
Interest rates on short-term Treasury bills were mixed in Tuesday's auction, with rates on three-month bills unchanged while rates on six-month bills rose to the highest level in four weeks. The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.015 per cent, unchanged from last week. Comment?
26 min ago | via Business Wire
The final voti... )--Imperva, Inc. , committed to protecting business-critical data and applications on-premises and in the cloud, today announced scheduled particip... )--TXMD to present at Jefferies 2015 Global Healthcare Conference on June 2 in NYC and Goldman Sachs 36th Annual Global Healthcare Conference on June 9 in Rancho Pa... )--E*TRADE Financial Corporation today announced the findings on mobile investing behavior from the most recent wave of StreetWise, E*TRADE's quarterly trackin... )--Ellie MaeA , a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, announced today that ... BSE:532368 ) one of the most widely known Internet brands in the world and one of the first search engines on the web, today announced its audited resul... )--High school students from Colorado, Illinois and Georgia represent Greenhouse ... (more) Comment?
5 hrs ago | via WLKY-TV Louisville
A "sophisticated" organized crime syndicate used the IRS website to steal tax forms full of personal financial information on 104,000 taxpayers, the agency said Tuesday. Until the IRS discovered this latest data leak, its website provided a service called "Get Transcript." Comment?
10 hrs ago | via The Globe and Mail
U.S. home prices rose at a steady pace in March, pushed higher by a limited supply of houses for sale. The Standard & Poor's/Case-Shiller 20-city home price index rose 5 per cent in March from 12 months earlier, the S&P said Tuesday. Comment?
Thursday May 21 | via Mortgage News Daily
Much of the volatility in late April and early May has been frustratingly opaque in terms of traditional cause and effect relationships. We were forced to resort to discussing things like tradeflow momentum and corporate issuance to explain movement. Comment?
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