San Quentin Real Estate News
Thursday Mar 19 | via Courthouse News Service
A federal judge denied a nationwide loan administrator's request to stop two California district attorneys from enforcing fraud laws against it. Loan Payment Administration and its corporate parent Nationwide Biweekly Administration sued district attorneys in Monterey and Marin counties in October 2014 after a Monterey deputy district attorney said their solicitation letters violated state law. Comment?
Wednesday Mar 18 | via Marin Independent Journal
Marin home prices dropped just a tad in February, the first decline in two and a half years, though experts shrugged off the reported 1 percent decrease as an anomaly. The median price of a Marin home was $970,000, compared with $977,500 in February 2014, and 134 homes sold in the county compared with 138 in the same month the year before, according to Irvine-based CoreLogic. Comment?
Feb 23, 2015 | via Sonoma Index Tribune
Tina Shone, a broker associate with Sotheby's International Realty-Wine Country brokerage in Sonoma, earned the top spot among all agents in Sonoma Valley for highest dollar volume in sales for 2014. One of her achievements was representing the sellers of a $12 million-plus Kentfield estate, the highest residential sale in Marin County for the year. Comment?
Feb 18, 2015 | via Marin Independent Journal
Marin home prices jumped and sales dropped in January, a pattern that has been in place for more than a year, a real estate information service reported Wednesday. The median price of a Marin home was $900,000, a 7.5 percent increase compared with last January, and 118 homes sold in the county compared with 126 the year before, according to Irvine-based CoreLogic DataQuick. Comment?
Jan 24, 2015 | via Marin Independent Journal
The year 2014 saw a 13 percent jump in home prices, multiple offers and eager buyers, but it might best be remembered for what one real estate agent deemed “a kink in the hose.” The median price jumped to $999,000, according to the Marin County Assessor's Office, and observers deemed 2014 “a good year.” At the same time, there was a painfully slow drip of homes coming on the market; 3,348 homes sold, four fewer than in 2013. “Marin County residential real estate was not as good as 2013, but good. Comment?
53 min ago | 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?
7 hrs ago | via Inside Bay Area
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. Measured by virtually every key benchmark -- deposits, new loans, membership growth and employee hiring -- credit unions in the Bay Area have outpaced similar financial institutions in California. Comment?
10 hrs ago | 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?
20 hrs ago | via BroadcastNewsroom
Kevin Leonard and his team of real estate and mortgage professionals continue to change the way homes are bought and sold, and just added a new real estate broker and the firm's agents. California discount real estate brokerage firms are lining up to join the real estate team working with Kevin Leonard. Comment?
Wednesday Mar 25 | via Natl. Relocation & Real Estate
Freddie Mac recently released its updated Multi-Indicator Market IndexA showing that the U.S. housing market experienced some winter doldrums. While an improving labor market and attractive mortgage rates continue to promise a strong spring homebuying season, housing market stability stumbled a bit due to the cold winter and a softening of economic growth. Comment?
Thursday | via Mortgage Lender Implode-O-Meter
In many markets, the housing recovery has "largely been driven over the last two years by buyers who are not as constrained by incomes -- namely the institutional investors coming in and buying up properties as rentals, and international buyers coming in and buying, often with cash," Daren Blomquist, vice president at RealtyTrac and author of the report, said in an interview... With the economy improving and home prices climbing, central bankers seem to have achieved at least part of their goal. However, investors have reaped much of the benefits of rising prices, while meaningful wage growth -- and with it the ability of many Americans to buy homes -- has yet to materialize. Comment?
28 min ago | via Ocean Pines Independent
OC facing a housing crunch for foreign students Calling all landlords: Housing needed for the 4,000 students who work in OC each summer. Check out this story on delmarvanow.com: Property owner Wayne Hartman, center, oversees floor renovations inside one of his vacation rentals on 26th Street in Ocean City. Comment?
29 min ago | via Ocean Pines Independent
Adult store vacates busy Salisbury corridor An area realtor says buyer of controversial Church Street property guarantees repurposing excludes adult market. Check out this story on delmarvanow.com: One by one, businesses labeled a nuisance or specializing in adult entertainment are vacating the main commercial corridor that snakes through downtown. Comment?
33 min ago | via The Austin Chronicle
In July 2013, four months after her family's life was changed forever, Lisa Whitted learned that the older of her two children had been diagnosed with autism. Comment?
1 hr ago | via Credit.com
Buying a home is usually a long-term commitment. Unless you pay in full with cash to get the keys, signing on the dotted line means taking on a mortgage and agreeing to monthly payments for years into the future. Comment?
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