San Andreas Real Estate News
Jan 23, 2015 | via My Mother Lode
This just out; a mostly encouraging Calaveras County Association of Realtors sales report for 2014, indicating a more than 14 percent increase in its median residential sell price and a nearly 19 percent increase in new listings since 2013. The median sell price of $235,250 for a Calaveras County home was up just over 14 percent from the previous year's price of $206,000. Comment?
19 hrs ago | 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 | 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 | 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 | 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 Examiner.com
Did your real estate agent just introduce you to home buying backup offers? You may find the perfect home for yourself but there is another buyer in line ahead of you. You may be feeling a little desperate to save this home for yourself and that is when your agent tells you about submitting a back-up offer. Comment?
1 hr 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. Interest rates around the world, both short-term and long-term, are exceptionally low these days. Comment?
12 min ago | via SmyrnaVinings.com
Smyrna Vinings condo and townhome buyers weren't letting the unusually long winter weather bother them. In January and February, the Smyrna Vinings townhome and condo market sales surged to new records. Comment?
37 min ago | via The Peninsula
Shanghai--China's central bank on Monday lowered minimum downpayment levels on second homes nationwide, scrapping a key policy originally aimed at controlling housing prices as it seeks to boost the economy The People's Bank of China , the central bank, said the minimum deposit for individuals buying additional housing would be set at 40 percent, according to a statement on its website The announcement rolls back a four-year-old policy first introduced to try to cool the then red-hot property market as rocketing prices put homes out of the reach of many, raising worries over social unrest The move comes as China's growth falters, leading to widespread expectations that policymakers will have to boost the world's second-largest economy through further monetary loosening China's gross domestic product grew 7.4 percent last year, the slowest in nearly a quarter of a century The central bank ... (more) Comment?
38 min ago | via American Banker
Wall Street Journal In a review of former Sen. Barney Frank's new autobiography, "Frank: A Life in Politics From the Great Society to Same-Sex Marriage," the Wall Street Journal recounts what former House Speaker Tip O'Neill told his colleague: Frank could have been the first Jewish Speaker of the House of Representatives, had he not been gay. James Kirchick's review says little about Frank's work on banking matters, and doesn't mention the Dodd-Frank Act. Comment?
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