Palm Springs Real Estate News
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 Patch.com
Foreclosure activity in Riverside County dropped by double digits in the first quarter of the year, but the county remained among the leading foreclosure markets in the state, according to figures released Thursday by a real estate tracking firm. Between Jan. 1 and March 31, a total 3,278 mortgage default notices, auction sale notices and bank repossessions were recorded countywide. 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?
Mar 20, 2015 | 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?
Friday | 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?
4 min ago | via WCBM-AM Pikesville
Who are these Obama voters? They can't all have head injuries, have been in a coma for the past 4 years, or own stock in an electric car battery company. Besides having "stupid" stamped on their forehead, here's a handy guide identifying these clueless creatures. Comment?
5 min ago | via My Mother Lode
Leading Spanish social activist Ada Colau said Monday the fight against evictions, poverty and corruption will be her priority as new mayor of the country's second city, Barcelona. Colau, 41, told a news conference she intends to halt evictions of people who can't afford to pay their mortgage or rent and will demand that banks free up the thousands of empty houses they possess. Comment?
6 min ago | via Seeking Alpha
The NZD is currently trading near a six-month low at 0.7311. While the currency had briefly risen to a four-month high of 0.7724 against the USD at the end of April, the currency has continued to revert downwards over the past month. Comment?
7 min ago | via Daily Kos
It my seem strange to anyone who has followed the debate over the causes of the 2008 housing bubble collapse and the resulting financial crisis that triggered the "Great Recession," but it took until 2015 for economists to publish a research paper in the Journal of Finance that shows credit default swaps used by large investment banks to prop up their subprime mortgage deriviatives scam were directly linked to the 2007-2008 Financial Crisis and housing bubble collapse. Two economists at the University of Texas, Dr. Harold H. Zhang Dr. Feng Zhao, working with "global asset management firm TCW " looked at over 9 Million securitized mortgage instruments on the secondary market by investment bankers from 2003 - 2007. Comment?
9 min ago | via Business Journal
An affiliate of Florida Community Bank sold 27 repossessed condos in Fort Lauderdale's Isles of Coral Ridge building at a 40 percent discount to their prior mortgage. Comment?
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