Palo Alto Real Estate News
Real Estate news for Palo Alto, CA continually updated from thousands of sources.
3 hrs ago | via SFGate
Robo-advisers are supposed to offer a simple, low-cost way to get investment advice, but there are so many popping up you almost need a robo-adviser to help you choose one. The term loosely describes startups that use technology to deliver money management to the masses. Comment?
3 hrs ago | via Sampan
It may seem like the size of your home is the be-all and end-all of your home's value. But there are many other factors that come into play when determining the listing price of a particular home. Comment?
Wednesday Dec 17 | via Business Wire
Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 376,480 units in November, according to information collected by C.A.R. from more than 90 local REALTORA associations and MLSs statewide. Sales in November were down 5.3 percent from a revised 397,400 in October and down 3.4 percent from a revised 389,580 in November 2013. Comment?
Tuesday Dec 16 | via The Bennington Banner
This Monday, July 14, 2014 file photo shows a home for sale in Alameda, Calif. A booming economy has minted crowds of would-be homebuyers, drawn by low interest rates and pushed by rising rents, but the latest home sales report shows they're stuck once again in a competitive market marked by bidding wars and all-cash buyers, pushing prices ever higher. Comment?
Tuesday Dec 16 | via The Campbell Reporter
Simone Underwood, with her son, Aiden, 9, go for a walk near their apartment in a small affordable apartment complex owned by the Community Working Group in Palo Alto, Calif., on Saturday, Nov. 8, 2014. For Simone, the most important thing is to take care of her son. Comment?
2 hrs ago | via RecordNET
Thus the state-managed Unemployment Mortgage Assistance Program can provide as much as $54,000 in financial aid to low-and moderate-income homeowners, while they look for work. “We're always looking at ways to improve the program and we are confident these changes will help more homeowners get much-needed help,” said Tia Boatman Patterson, executive director of the California Housing Finance Agency, which oversees Keep Your Home California. Comment?
5 hrs ago | via Mortgage News Daily
Bottom Right Default State Name: State Name underscore: State Name dash: State Name lower underscore: State Name lower dash: State Name lower: State Abbreviation: State Abbreviation Lower: It is a continuously updated stream of news from around the web Visit throughout the day for the latest breaking news. CR Note: The consensus is that on Monday, the NAR will report 5.20 million existing home sales for November, on a seasonally adjusted annual rate basis . Comment?
Thursday | via The Fresno Bee
Keep Your Home California has made a change to one of its four foreclosure relief programs to help homeowners struggling to find a job. The Unemployment Mortgage Assistance Program has expanded from 12 months to 18 months. Comment?
Thursday | via Contra Costa Times
By most measures, the housing market these days is a bit sluggish. Prices are flat. Comment?
Thursday | via Mortgage News Daily
"Congress extends Mortgage Debt Forgiveness Act " - hey, that's good news, right? In fact the Senate approved a bill that would retroactively extend over 50 expiring tax provisions for one year, including the one that shields distressed homeowners from paying taxes on any mortgage debt forgiven in a short sale. The latest Issue of Arch MI's Housing and Mortgage Market Review with a new version of the Arch MI Risk Index is currently available. Comment?
12 min ago | via Wall Street Journal
Richard Elias, a former Justice Department lawyer, spotted a memo that jump-started the investigation that helped the Justice Department get nearly $37 billion in financial-crisis-related settlements from J.P. Morgan, Bank of America and Citigroup. Mr. Elias, shown above, now is in private practice in St. Louis. Comment?
15 min ago | via The Yonkers Daily Voice
RYE, N.Y. State Sen. George S. Latimer has reportedly not paid the mortgage on his Rye home since January causing it to go into foreclosure proceedings, according to lohud . Carrington Mortgage Services have filed foreclosure papers against Latimer and Robin L. Phelps Latimer for the house at 47 Wainwright St., according to lohud. Comment?
22 min ago | via KRQE Albuquerque
Savvy Seattle-area real estate agents have gained an advantage by paying attention to the growing connections between China and Washington state. "I'm so glad my mother made me study Chinese," laughed property broker Janie Lee, after showing a client from Beijing a $4 million home in the suburb of Medina. Comment?
36 min ago | via Wall Street Journal
The National Association of Realtors releases data on sales of existing homes Monday. The Commerce Department releases new-home sales Tuesday. Comment?
51 min ago | via Walton Sun
Locally owned and operated, Prudential PenFed Realty has joined forces with Warren Buffett's Berkshire Hathaway HomeServices Real Estate Brokerage Network to form Berkshire Hathaway HomeServices PenFed Realty in The full-service brokerage joins a growing roster of affiliates that have transitioned to the network since September 2013. Berkshire Hathaway HomeServices now counts nearly 34,223 agents and 1,056 offices operating in 47 states. Comment?
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