Santa Rosa Real Estate News
Saturday | via USA Today
Save for down payment or buy a home now? Maybe you SHOULD make that big move now. Here's why. Comment?
Friday Apr 24 | via Business Wire
A detailed list of rating actions follows at the end of this press release. Fitch's affirmations are based on the stable performance of the underlying collateral pool. Comment?
Tuesday Apr 21 | via Credit.com
Are you saving up to buy a home down the road? It makes sense from a personal financial planning perspective, but when it comes to whether it actually helps you get your foot in the door, you may want to reconsider. Why? In most cases, your ability to save is going to be at a much slower pace than the rate of appreciation of homes around your area. Comment?
Sunday Apr 19 | via Patch.com
There is a fair amount of misconception that applying for a mortgage causes your credit score to drop each time. Not the case. Comment?
Saturday Apr 18 | via Inside Bay Area
As a Navy veteran who served in Vietnam, Paul Conner didn't know that his physical disability qualified him for a break on his property taxes or that he could get a home loan with no down payment, courtesy of Uncle Sam. The 72-year-old Richmond veteran is not alone. Comment?
Saturday | via Inside Bay Area
She wanted her grandson, who lived with her, to inherit her East Oakland home. So Harris, 78, deeded the property to Brian Mack and hired an attorney to set up a trust naming him beneficiary. Comment?
Friday Apr 24 | via Quebec Chronicle-Telegraph
California's housing prices plummeted after the bubble burst in 2008 , but now are approaching levels not seen since the market's height-especially along the Southern California coast and around San Francisco Bay. This has reignited the perennial question: What should policy makers do to promote "affordable" housing? Earlier this month, the state Supreme Court heard arguments in a Northern California case that could have statewide impact, given that it ponders the constitutionality of one way officials promote the construction of lower-cost housing. Comment?
Thursday Apr 23 | via Business Journal
Seven years after the housing bubble popped, there are still homeowners who owe the bank more than their house is worth. But rising prices have put many long-term homeowners in the comfortable ranks of the "equity rich." Comment?
Wednesday Apr 22 | via Bloomberg
In the aftermath of the housing crisis, it seemed like millennials might give up on homeownership in favor of a lifetime spent renting squalid apartments in gentrifying urban centers. Fears of that grim scenario have mostly passed, and it's not uncommon to hear of young faces at open houses, or to read surveys in which renters say they're finally ready to fork over a down payment. Comment?
Tuesday Apr 7 | via Inside Bay Area
The California Supreme Court on Wednesday will consider how far cities can go in trying to provide more affordable housing across the state as housing prices and rents continue to soar. In a challenge to San Jose's five-year-old affordable housing ordinance, the state's high court will hold arguments in Los Angeles in a case that tests a policy tool now in place in cities stretching from Santa Monica to Napa. Comment?
1 hr ago | via BBC News
The bank is sending out a leaflet to those in arrears telling them that if they sell their homes they will not be pursued for the outstanding debt. The bank intends to send the letters to people who have not communicated with the bank about their mortgage debt. Comment?
20 min ago | via Tony's Kansas City
The U.S. commercial real estate market is overdue for a correction and right now there's a feeding frenzy to cash out while there are still greater fools waiting to separated from their money. To wit, here's just a bit of Downtown Kansas City consumer reporting about the cash that taxpayer subsidized housing is taking off the top . Comment?
21 min ago | via Seeking Alpha
Biggest of this week's economic items is Wednesday's interest rate decision from Fed. It's unlikely any changes will be made to Fed Funds Rate, though the language will be parsed. Comment?
23 min ago | via Seeking Alpha
Hard as it is to believe, the Fed-funds rate may stay next to nothing for 5 more years. This would give support to stocks in the short to medium term. Comment?
23 min ago | via M2.com
Great Southern Bancorp, Inc. said it has reported its preliminary financial results for the first quarter that ended March 31, 2015. Preliminary earnings for the three months ended March 31, 2015, were USD0.83 per diluted common share compared to USD0.63 per diluted common share for the three months ended March 31, 2014. Comment?
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