San Mateo Real Estate News
Real Estate news for San Mateo, CA continually updated from thousands of sources.
22 hrs ago | via SFGate
San Francisco Federal Reserve President John C. Williams and Don Falk, head of the Tenderloin Neighborhood Housing Corp. discuss efforts to finance affordable transit-oriented housing at Fifth and Howard streets in San Francisco. Supervisor Jane Kim wants developers to buy their way out of their responsibility to build a percentage of affordable housing units in new developments. Comment?
Yesterday | via Almanac
Home prices along the Peninsula continue to rise with no indication of coming down any time soon, according to real estate experts. Since 2012, the median price for a single-family home in every Midpeninsula city -- Palo Alto, Los Altos, Los Altos Hills, Mountain View, Menlo Park, East Palo Alto, Atherton, Portola Valley and Woodside -- has jumped double-digit percentages. Comment?
Tuesday | via Mountain View Voice
It's unlikely that you'll wake up 12 years from now and discover that there are no homes for sale in Mountain View -- that's assuming the current three-year trend in new listings numbers doesn't continue. From January to August 2011, 194 new home listings entered the Mountain View real estate market. Comment?
Tuesday | via Palo Alto Weekly
A San Jose mortgage broker who defrauded East Palo Alto and South Bay residents out of hundreds of thousands of dollars and caused them to lose their homes will serve time in federal prison, according to the U.S. Attorney General's office. Linda Dung Tran , 36, was sentenced to three 16-month terms for conspiracy to make false statements to banks, making false statements to a bank and conspiracy to commit money laundering as part of a plea deal with prosecutors. Comment?
Wednesday Oct 15 | via The Campbell Reporter
In 2014, 36 percent of international buyers who purchased real estate in the U.S. came from China; many of them purchased property in Silicon Valley. Chinese Realtors, however, say it's not true that all Chinese buyers seek out Chinese agents. Comment?
19 hrs ago | via Holtville Tribune
A federal grand jury in San Francisco returned an eight-count indictment against five real estate investors for their role in bid rigging and fraud schemes at foreclosure auctions in Northern California, the Department of Justice announced. The indictment, filed today in U.S. District Court for the Northern District of California in San Francisco, California, charges Northern California real estate investors Joseph Giraudo, Raymond Grinsell, Kevin Cullinane, James Appenrodt and Abraham Farag with participating in conspiracies to rig bids and schemes to defraud mortgage holders and others. Comment?
Monday Oct 20 | via The Business Journal
Redwood Credit Union recently welcomed Christina Cook as senior vice president of accounting and finance. In this role, Ms. Comment?
Friday Oct 17 | via ContactMusic.com
The 28-year-old singer - who grew up in New York City - has reportedly purchased her first home in California. A real estate source told gossip website TMZ.com that the 'Bad Romance' hitmaker bought a huge compound in Malibu from the founder of Warner Bros Worldwide Consumer Products Division, Dan Romanelli . Comment?
Thursday Oct 16 | via The Press-Enterprise
Now, the monthly real estate report that tracks foreclosure activity across the nation didn't give the state or the Riverside and San Bernardino counties region a mention. RealtyTrac Vice President Daren Blomquist said the September foreclosure activity is strongest now in states that handle foreclosure action through the court system. Comment?
Thursday Oct 16 | via CBS Local
CBS2 / KCAL9 CBS2/KCAL9 is part of CBS Television Stations, a division of CBS Corp. and one of the largest network-owned station groups in the country. CBS Studio City Broadcast Center 4200 Radford Avenue Studio City, CA [...] KNX 1070 NEWSRADIO KNX 1070 NEWSRADIO is Southern California's only all-news radio station serving Los Angeles County / Orange County / Ventura County / Riverside County / San Bernardino County / San Diego County. Comment?
5 hrs ago | via MarketWatch
Tumbling mortgage rates recently prodded borrowers to jump through paperwork hoops to refinance, but didn't lure prospective home buyers, according to data released Wednesday. A gauge of refinancing applications skyrocketed 23% during the week that ended Oct. 17, hitting the highest level in almost one full year, as mortgage rates dropped, according to the Mortgage Bankers Association . Comment?
15 min ago | via The Globe and Mail
Canada's housing market is shifting into two distinct camps - one that is headed for a so-called soft landing, and another that remains heated. On Wednesday the Bank of Canada said the country's housing market continues to pick up momentum at an unexpected pace. Comment?
16 min ago | via ABC News
"Consistent with a fairly subdued economy, lacklustre pace of domestic demand and quite patchy rotation of growth, we are seeing a fairly benign inflation environment," said RBC Capital Markets economist Su-Lin Ong. Prices rose just 0.5 per cent during the September quarter, while the annual inflation rate has tumbled from 3 per cent to 2.3 per cent. Comment?
35 min ago | via The Washington Post
Lloyds Banking Group Plc, Britain's largest mortgage provider, will announce about 9,000 job cuts next week as its customers shift to online services from physical branches, a person with knowledge of the matter said. The bank will detail the cuts, a target for branch closures and the increasing automation of its services as part of a new three-year plan on Oct. 28, when it releases third-quarter results, said the person, who asked not to be identified because the strategy hasn't been finalized. Comment?
36 min ago | via El Paso Times
A federal judge won't recommend that prison officials allow "Real Housewives of New Jersey" star Teresa Giudice to serve most of her prison sentence in a halfway house. A lawyer for Giudice had filed a letter with a judge in Newark this week, asking for a recommendation that she serve 12 months in a halfway house. Comment?
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