Palm Springs Real Estate News
Real Estate news for Palm Springs, CA continually updated from thousands of sources.
Wednesday | via The Press-Enterprise
The Standard & Poor's Case-Shiller home price index, a leading measure for the nation, says home prices increased 4.6 percent year-over-year in December. That's more than twice the rate of inflation for 2014. Comment?
Tuesday Feb 17 | via Patch.com
The median price of a home in Riverside County rose by 3.8 percent in January, compared with the same month a year ago, while the number of homes sold fell by 9.8 percent, a real estate information service announced today. According to CoreLogic DataQuick, the median price of a Riverside County home was $287,500 last month, up from $277,000 in January 2014. Comment?
Friday Feb 6 | via Patch.com
The East Valley Association of Realtors, a prestigious group of the most knowledgeable and seasoned realtors in the Inland Empire, has published a statement declaring the Gateway warehouse aka San Gorgonio crossing as inappropriate because it violates the county's general plan: "The East Valley Association of Realtors opposes the zoning change from residential to commercial/ warehouse being considered by the Riverside County Board of Supervisors on Cherry Valley Road in Cherry Valley known currently as San Gorgonio Crossing , formerly known as The Gateway Project or any future iteration, based upon its inconsistency with the General Plan approved by the Riverside Board of Supervisors in 2014." Comment?
Friday Jan 30 | via The Press-Enterprise
The net worth of U.S. households, at $81.3 trillion, hit an all-time high. Investment spending will picked up steam. Comment?
Friday Jan 30 | via Lake Elsinore Valley News
Over 200 community members, real estate agents and local dignitaries attended the grand opening of the new Hemet office of the Southwest Riverside County Association of Realtors on Jan. 16. The remodeled former bank at 2355 E. Florida Ave. is 5,961 feet and contains an executive meeting room, grand hall, kitchen area, large patio area and a spacious lobby where members can purchase merchandise to support their real estate businesses. The grand hall is available for rent after hours to support local community events and organizations. Comment?
6 hrs ago | via GuruFocus.com
U.S. luxury home builder, Toll Brothers Inc. , is said to have reported a 78% jump on higher home sales and prices. The largest U.S. luxury-home builder has earned quarterly profits more than the expected estimates. Comment?
12 hrs ago | via My Mother Lode
A proposed $75-dollar fee on real estate transaction documents would go towards developing affordable housing for lower income California residents. It's part of a proposal introduced yesterday by Democratic Assembly Speaker Toni Atkins. Comment?
Wednesday | via San Diego Source
A lot of folks around the country laugh at California because of its virulent anti-business attitude, environmental insanity and being known as "the land of the fruits and nuts." Yet they fail to see that California is a most incredible economic machine and a demographic powerhouse. Comment?
20 hrs ago | via The Wichita Eagle
Assembly Speaker Toni Atkins announced a proposal Wednesday to expand affordable housing in California by charging a $75 fee to record some real estate documents. The San Diego Democrat's plan would send cities hundreds of millions of dollars for development benefiting poor and middle-class Californians. Comment?
Yesterday | via The Campbell Reporter
With the economy improving, housing affordability in the Golden State is becoming a challenge once more. The California Association of Realtors reports housing affordability improved slightly from third quarter 2014, but dipped when compared to a year ago. Comment?
35 min ago | via Sydney Morning Herald
With vast ghost cities emerging, new construction is evaporating no matter what sales and prices do - and the traditional correlation between housing and steel demand is breaking down. Photo: Kevin Frayer A record decline in new-home prices in January has prompted Chinese officials to contemplate additional stimulus measures, including reducing the required down payments on second homes and eliminating sales tax after only two years of ownership instead of five. Comment?
39 min ago | via Inside Bay Area
The cold, hard reality of skyrocketing Bay Area housing prices hit Brittany Baker when, returning to Livermore after six years in Kansas, she discovered she couldn't afford a place of her own in the city where she grew up. Although the 29-year-old mother of two works full time, for the past two years she and her children have lived with her mother and stepfather in a 1,100-square-foot, three-bedroom home. Comment?
40 min ago | via Housing Wire
Realtors, real estate agents and brokers are fighting a constant battle against people and companies who are trying to rip them off, and they're not going to take it anymore, executives from the National Association of Realtors told a House subcommittee on Thursday. Representatives from NAR were on Capitol Hill Thursday to testify before the U.S. House Subcommittee on Commerce, Manufacturing and Trade and request "meaningful patent litigation reform," because Realtors, real estate agents and brokers are often threatened by so-called "patent trolls." Comment?
43 min ago | via WIOD-AM Miramar
They say a real estate agent was showing a newly renovated home to a couple Thursday morning when a gunman demanded the man's gold neck-chain and shot him. Detectives say surveillance video captured the suspect talking with someone in a white Pontiac Grand Am, and they're hoping someone recognizes the vehicle. Comment?
1 hr ago | via The Standard
The Nasdaq powered closer to 5,000 points while weakness in oil-linked equities kept the Dow and S&P 500 in the red. The tech-rich Nasdaq Composite Index jumped by 20.75 points 4,987.89. Comment?
Copyright © 2015 Topix LLC