San Mateo Real Estate News
Real Estate news for San Mateo, CA continually updated from thousands of sources.
21 hrs ago | via San Mateo Daily Journal
While considering affordable housing needs in Belmont, one councilman is seeking a creative way to assist teachers and also city employees increasingly finding themselves deemed low-income earners. Councilman Charles Stone proposed city officials take a look at four consecutive properties along El Camino Real and Hill Street purchased with redevelopment agency funds. Comment?
Thursday Jan 22 | via Almanac
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 Jan 21 | via Inside Bay Area
A former FBI employee and his wife were sentenced to 90 days in prison plus six months monitoring and 200 hours of community service for bank fraud, the United States Department of Justice announced Tuesday. Charles Espinel, 61, and Jeannette Espinel, 59, of Daly City, were both originally charged in June, with one count of bank fraud, according to the DOJ. Comment?
Tuesday Jan 20 | via Daily Camera
The county's home prices blasted through the roof in April, as the median price of a single-family home hit a record $921,000, a new report revealed. The price was up 24 percent from April 2004 and eclipsed the previous record set in March of $896,000, according to the San Mateo County Association of Realtors. Comment?
Sunday Jan 18 | via Pleasanton Weekly
California's regional housing markets ended the year with mixed results as statewide home sales inched up from a year ago for the first time in nearly a year and a half. According to a report by the California Association of Realtors, home sales were down on a statewide basis, with pockets of gains in sales activity, especially in Southern California and the Central Valley, where home sales were higher than the prior month and year. Comment?
7 hrs ago | via CNN
That's according to a new report from RealtyTrac, which estimates that 7.3 million so-called "boomerang buyers" will return to the U.S. housing market over the next eight years. Foreclosures and short sales skyrocketed after 2007 during the darkest years of the financial crisis and Great Recession. Comment?
Sunday | via Seeking Alpha
Royal Bank of Canada just announced another big move into the US. In a deal expected to close in the fourth quarter of 2015, Royal is acquiring City National Bank, a California-based full-service bank catering to high net worth clients across a wide variety of industries. Comment?
Thursday Jan 22 | via National Mortgage News
Rising home prices have helped the nation's homeowners by increasing equity and lifting more of them out of 'underwater' mortgage situations - where the combined loan amount owed is higher than the home's estimated market worth. According to a new report released today by RealtyTrac Inc., a California-based real estate data firm, the number of properties in the United States that were 'seriously underwater,' that is, where the loan amount owed is at least 25 percent higher than the home's market value, dropped to 13 percent at the end of 2014. Comment?
Dec 19, 2013 | via Electrical Construction and Maintenance
A multi-institutional research team of scientists led by the U.S. Department of Energy's Lawrence Berkley Laboratory, in partnership with Sandia National Laboratories, universities, and appraisers found that home buyers consistently have been willing to pay more for homes with host-owned solar photovoltaic energy systems - averaging about $4 per watt of PV installed - across various states, housing and PV markets, and home types. This equates to a premium of about $15,000 for a typical PV system. Comment?
Thursday Jan 15 | via GlobeSt.com
Due to its high quality modern design and construction, Tuscany Ridge is an ideal candidate for a value-add repositioning strategy, says one source. TEMECULA, CA-GlobeSt.com has exclusively learned that San Diego-based MG Properties Group has purchased the Tuscany Ridge Apartments in Temecula, CA for $39 million. Comment?
4 min ago | via ABC News
U.S. home prices rose at a modest pace in November, held back by weaker sales and a limited number of available houses. The Standard & Poor's/Case-Shiller 20-city home price index, released Tuesday, increased 4.3 percent in November from 12 months earlier. Comment?
30 min ago | via Hinckley Times
Friends Layle Renee Pegg and Samantha Tompkins founded Facebook page Mick Matters to channel public feeling into practical action following the untimely death of Hinckley rough sleeper Mik Gillespie Whether it's football, bowls, cage fighting, fencing, tennis, fishing, golf, wrestling, darts, snooker, cricket, boxing, or anything else, we want to hear what the residents of Hinckley Bosworth have been playing at LeicesterShire Citizens Advice Bureau is expecting a huge surge in people wanting assistance with debt as they reopen after the festive break Borough residents are expected to be among the hundreds of people seeking help this January once Christmas bills land on the carpet. Comment?
13 min ago | via Reuters
U.S. single-family home price appreciation slowed further in November as lean inventories and tight lending standards have limited housing activities, according to a closely watched survey released on Tuesday. The S&P/Case Shiller composite index of 20 metropolitan areas gained 4.3 percent in November from the prior year, the slowest since October 2007 although it matched analyst expectations. Comment?
16 min ago | via Business Journal
Riley was named to the Swanepoel Power 200 for 2015, a list of the most powerful and influential real estate industry leaders. He is ranked No. Comment?
30 min ago | via The Washington Post
Marshall Park is a real estate broker at Redfin who writes an occasional column on the local real estate market. There are few things in life as exciting as being handed the keys to your new home. Comment?
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