San Fernando Real Estate News
7 hrs ago | via American Reporter
Readers who see three YouTube videos on our front page this past week must be curious. Has The Americzan Reporter become tabloid? Is the editor out of his mind? There is a simple explanation, and it is a news-related one. Comment?
Sunday May 17 | via New Hampshire Public Radio -
Eighty-year-old Arlene Rosenblatt rents out her quaint converted duplex in Santa Monica, Calif., whenever she and her husband leave town to visit their seven grandchildren. She charges anywhere from $115 to $220 a night for her home, listing it on Airbnb and other sites. Comment?
Friday May 15 | via Business Journal
California's spring home-buying season kicked off in April with growth in both home sales and prices for the third straight month, according to the California Association of Realtors. Closed escrow sales of existing, single-family detached homes in California rose 9.2 percent to a seasonally adjusted annualized rate of 427,620 units in April, from the revised 391,440 homes sold in March, Los Angeles-based C.A.R. said. Comment?
Wednesday May 13 | via Business Journal
Housing affordability improved over the first three months of the year as lower interest rates and stabilizing home prices over the past year made it easier for more Californians to buy a home, according to latest data from the California Association of Realtors. The percentage of home buyers who could afford to buy a median-priced, existing single-family home in California rose to 34 percent in the first quarter from 31 percent in the fourth quarter and 33 percent in the year-ago period, according to C.A.R.'s Traditional Housing Affordability Index. Comment?
Wednesday May 13 | via Patch.com
The Los Angeles County Board of Supervisors voted May 12 to support state legislation that would impose a $75 fee on real estate transaction documents, excluding home sales, to fund affordable housing and home ownership programs. Supervisors Sheila Kuehl and Mark Ridley-Thomas recommended backing AB 1335, the Building Homes and Jobs Act, saying Los Angeles County needs nearly a half-million more affordable homes for low-income families. Comment?
8 hrs ago | 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 | 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 | 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?
Saturday May 16 | via The Orange County Register
Not so long ago, Orange County was a comparatively affordable place to buy a home. Not anymore. Comment?
Thursday May 14 | via Inman
With mortgage interest rates and home prices falling, the National Association of Home Builders is optimistic that these improvements will encourage more people to buy homes, particularly in the Midwest. The NAHB/Wells Fargo Housing Opportunity Index , released today, found that 66.5 percent of new and existing homes sold between the beginning of January and end of March were affordable to families earning the U.S. median income of $65,800. Comment?
4 min ago | via Seeking Alpha
Ten Real Estate Investment Trust stocks by yield projected 32.03% more net gain from $5k invested in the lowest priced five than from $5K invested in all ten. Annual returns divided by closing stock prices May 20 determined yields. Comment?
6 min ago | via Business Journal
Insurers, real estate developers and investors will begin to look at the Capital Region in a whole new light in the not too distant future, says Steven Leibo, a professor at the Sage Colleges in Troy. Insurers, real estate developers and investors will begin to look at the Capital Region in a whole new light in the not too distant future, said Steven Leibo , a professor at the Sage Colleges in Troy. Comment?
1 hr ago | via Finextra Research news
The UK's established high street banks may have to set up greenfield operations free of legacy tech to take on the better-performing small challenger banks nipping at their heels, according to a report from KPMG. KPMG's study, 'The Game Changers', analyses the full-year results of newer entrants to the UK's banking sector and finds that while challenger banks are outperforming the country's 'Big Five' banks, it is the smaller, more focussed entrants who are enjoying stellar returns. Comment?
16 min ago | via Ghanamma.com
Robert Le Hunte Ghana's leading mortgage bank, HFC Bank has started a new journey to become the leading bank on the African continent. HFC Bank is now a subsidiary of one of the largest banks in the Caribbean, Republic Bank of Trinidad and Tobago , whose robust and dynamic approach and experience in the banking sector is set to catapult HFC to the top. Comment?
20 min ago | via Inman Real Estate News
I just returned from the National Association of Realtors' 2015 Legislative Meetings and Trade Expo, and as with many conferences, some of the most stimulating conversations come from the unofficial meet-ups and lobby conversations. Sitting in the lobby with a group of brokers, Rob Hahn asked, "Is the MLS still your most important tool in marketing your listings?" Although many in the group stated an emphatic "yes," without hesitation, my reply is "no." Comment?
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