Santa Rosa Real Estate News
Monday Mar 23 | via Sonoma Index Tribune
The on-going local effort to rein in vacation rentals - or at least get them to pay their fair share - reached the state level last week when state Sen. Mike McGuire, whose district includes much of Sonoma Valley, introduced legislation in Sacramento to make it easier to collect so-called "bed taxes" on short-term renters. The measure, Senate Bill 593 , is titled the Thriving Communities and Sharing Economy Act, and according to McGuire the premise is simple: to "reinforce local laws already on the books." Comment?
Monday Mar 23 | via Patch.com
Gearing up to refinance or buy a home this year? These five nuances may stop your financial plans dead in the tracks. Here's what to know to avoid your mortgage loan application being denied... Happens every day. Comment?
Saturday Mar 21 | via ABC News
Whether you're buying another house or your first one, these tips will help you succeed in a much tougher environment. You don't need to earn gobs of money to successfully purchase a home -- well, depending on your area. Comment?
Monday Mar 2 | via The Business Journal
Santa Rosa-based financial cooperative Community First Credit Union made more loans to local residents of Sonoma and Napa counties in 2014 than at any time in its 64-year history. A record $83.78 million in mortgage and vehicle loans in 2014 bested its previous record, set in 2013, of $81.36 million. Comment?
Feb 17, 2015 | via The Business Journal
Construction of the winery, crushpad, caves and tasting room cost $15.9 million, but the $1.75 million, five-year left-turn-lane project was blamed for a significant setback in sales. Deerfield Ranch Winery, a 30,000-case-a-year producer near Kenwood in Sonoma Valley, has filed for Chapter 11 reorganization, claiming a several-year dispute with a lender over $11 million for an long-delayed expansion project as the primary reason. Comment?
5 hrs ago | via San Diego Mortgage Report
I've probably funded over 400 VA home loans this decade; over 60 of those loans funded for condominium complexes not approved by the Veterans Administration. In Southern California, it's quite common along the coastal communities for buyers to look at condos, townhomes, or PUDs as lower-cost alternatives to single-family homes. Comment?
9 hrs ago | via Dr. Housing Bubble Blog
Pasadena and the art of marketing old homes: Los Angeles has many areas with very old homes and unsuspecting buyers purchasing into future cash outflows. People are desperately trying to find great deals on crap shacks . Comment?
11 hrs ago | via Mortgage News Daily
Home prices flattened on a month-over-month basis in January even as annual prices continued to increase S&P Dow Jones Indices said today. The Case-Shiller indexes for national as well as selected metropolitan areas changed only minimally from December, partially attributable to usually cold and wet weather according to the S&P monthly report. Comment?
12 hrs ago | via Forbes.com
I'm a staff writer at Forbes covering real estate: from ultra-luxury homes to foreclosures to the people making the deals happen. Until recently, I was a member of our Forbes wealth team, crunching numbers for our Forbes 400 and World's Billionaires lists. Comment?
Sunday Mar 29 | 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?
17 min ago | via GlobeNewswire
HSH.com releases its latest Weekly Mortgage Rates Radar showing a slight decline in mortgage rates during the seven-day period ending March 31, as markets await some important economic data due later this week. The Weekly Mortgage Rates Radar reports the average rates and points offered by lenders for the two most popular types of mortgages, the conforming 30-year fixed-rate mortgage and the conforming 5/1 adjustable-rate mortgage . Comment?
20 min ago | via The Straits Times
Prices of private homes in Singapore continued their downward slide in the first quarter of this year, according to flash estimates released by the Urban Redevelopment Authority on Wednesday. The estimated 1.1 per cent decline in the three months to March 31 follows a similar 1.1 per cent slide in the fourth quarter of last year, and an overall 4 per cent slide last year. Comment?
28 min ago | via Seeking Alpha
This article will be different than most. In writing this, I seek to provide an entirely different perspective on American Capital Agency Corp . Comment?
37 min ago | via WFAA-TV Dallas
Senate approves letter grades for schools; House next Under a bill that passed the state Senate on Tuesday, schools across Texas may soon get letter grades. Check out this story on WFAA.com: http://on.wfaa.com/1CunyQD DALLAS - Any real estate agent will tell that the top question they are asked by house-hunters concerns the performance of the local school district. Comment?
1 hr ago | via Philadelphia Weekly
Some local Realtor associations scrambling to meet a deadline to offer a minimum set of services mandated by the National Association of Realtors are doing so by either joining forces or dissolving altogether ... Comment?
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